Almaden Valley Real Estate Market Update for May 21, 2012

The Almaden Valley real estate market saw a slight increase in single family homes on the market. We saw 63 homes on the market this week versus 60 last week, while the percentage of listings under contract also increases slightly from 45% to 46% over the same time period.

Interest rates remain virtually unchanged and are the lowest point we’ve seen in the data we’ve been tracking. Buyers remain frustrated at the lack of homes on the market, and sellers are hesitating in listing their much-desired homes. For those who DO make the jump, they are often finding a willing and eager pool of buyers for their homes.

If you are thinking about selling your home, give me a call and let me show you how to make the most out of this unique market!