The number of listings on the market in Almaden Valley dropped from 72 last Monday to 65 this Monday, while listings under contract increased from 34% to 38% during the same time frame. Traditional (ie non-distressed) listings dropped from 63 to 57 and the percentage under contract increased from 28% to 30% from last Monday.
The Almaden Valley real estate market continued to decrease slightly in what is most likely the normal seasonal slow-down we see every year at this time. The total number of single family homes for sale decreased from 74 last week to 72 this week, while the percentage of properties under contract dropped from 35% to 34% over the same time. Traditional (ie non-distressed) homes experienced the same trend, from 65 single family home for sale last Monday to 63 today, and the percentage under contract dropping from 29% to 28% over the same time. The interest rates offered by some banks dropped slightly. Although buyers are still being lured by the historically low interest rates, it remains to be seen if the rates will motivate buyers to act during the holiday season when we usually see a slowdown in sales.
The number of active listings in Almaden Valley increased slightly from last week, from 76 to 80 this week. The percentage of listings that are in escrow decreased slightly, from 38% to 35%. Traditional (ie non-distressed) listings experienced a similar change, from 67 to 71 active listings and from 31% in escrow to 30% this week. This could very likely be the early stages of the annual slow-down we see around the holidays.
Interest rates remain fairly much at the same level as last week.
Therese Swan, Almaden Valley’s #1 Realtor, has just released a new tool to help Almaden home buyers find the home of their dreams. Buyers can now search Almaden Valley Real Estate by School and/or 2011 API School Scores!
UPDATE: Therese has since enhanced her website with the following pages that provide even more comprehensive tools to achieve your goals:
We experienced another week of slow but steady improvement of the Almaden Valley real estate market. The number of available homes remained steady at 85, but the number of pending listings increased from 35% to 36%. Traditional (ie non-distressed) sales showed similar activity, with available properties remaining at 79 and pending listings showing an increase from 26% to 28%. Mortgage rates remain at historic lows, and buyers appear to be taking advantage of this fact.
Meet Therese Swan, top Almaden Valley Realtor!
Therese Swan is a Realtor with Compass, and specializes in Almaden Valley real estate. Therese has been the #1 Almaden Valley Real Estate Agent each year from 2009-2021. During each of these years she has sold more homes in Almaden than any other Agent, as measured by Dollars per Agent per Year.
Using Therese to buy or sell your home is a wise choice. Her record of excellence, frequent referrals, and happy clients are proof. You can contact her at 408-656-8240 or tswan@tswan.com. You can also check out Therese’s Featured Listings of Almaden Valley Homes.
The spring real estate season has begun. Sales have picked up. Inventory is also starting to climb. It’s a great time to sell your home while the market is good.
As a sponsor of AccessAlmaden, Therese Swan helps make it possible for residents of Almaden Valley to easily learn about all of the fun and interesting events and activities happening in their community.
Therese is a Realtor with Alain Pinel Realtors, and is focused on Almaden Valley real estate. [UPDATE: Compass purchased Alain Pinel Realtors in spring of 2019, and Therese is now a Realtor with Compass.] You may recognize Therese’s name through her ongoing involvement in the Almaden Valley community, as well as her numerous Almaden listings and sales.
According to Multiple Listing Service data, Therese is the #1 Real Estate Agent for Almaden Valley in 2009 and 2010 for both total number of homes sold as well as total dollar volume. [UPDATE: Therese has been the #1 Almaden Valley Real Estate Agent each year from 2009-2021. During each of these years she has sold more homes in Almaden than any other Agent, as measured by Dollars per Agent per Year. Data from Multiple Listing Service.]
Therese’s unique mix of sales and analytical abilities, proven market tenure, and personal brand recognition in Almaden Valley gives her clients a distinct advantage and positive experience when buying and selling their homes in the area.
For the past two years Therese has made generous donations to a number of Almaden Valley elementary schools. She supports Williams Elementary School by promoting its Annual Crab and Pasta Feed, which is the school’s biggest fundraising event of the year. She also makes contributions to our community through sponsorships of the Williams Wins Foundation, Graystone Spring Celebration, and Almaden Country School Yearbook.
Prior to becoming involved in real estate, Therese worked in the high tech industry, starting as a programmer and eventually growing into a top sales performer for both software and high-end business and technology consulting services. She leverages both her technology background and vast network of contacts when marketing and selling Almaden Valley homes for her clients.
Therese’s personal network extends beyond Almaden Valley and greater Bay Area to an international audience of potential home buyers and sellers through the leading real estate companies of the world and Alain Pinel’s own luxury home division, Luxury Portfolio. In fact, just this month she consummated a deal with buyers from overseas on one of her high-end listings.
Contact Therese today if you plan to buy or sell a home in Almaden Valley or the surrounding area. You can reach her at 408-656-8240 or tswan@tswan.com.
Almaden Valley has started 2011 with a very low inventory. Interest rates are still incredible. It is a great time to sell your home.
The Almaden market has been improving, even as we move into the holidays. I sold my listing at 7163 Glenview Drive before it even came on the mls. We held it open Thanksgiving weekend and had 15 parties through on Saturday and 20 on Sunday. Also, many sellers have been taking their homes off the market which has helped in reducing inventory.
