Almaden Valley Real Estate Market Update for July 23, 2012

The Almaden Valley real estate market continued the upswing in listings on the market we saw starting last week. Available single family homes increased from 64 last week to 66 this week, while the percentage of total single family listings that are under contract dropped slightly again, from 48% to 46%.

As back-to-school time approaches, I’m not surprised to see buyers slowing down a bit; we see it pretty much every year. Hopefully, by the time buyers are ready to start looking again there will be more homes on the market to choose from.