The latest monthly data is in for Almaden Valley real estate, and it demonstrates what I’ve been conveying: the number of available single family homes is dropping as predicted for the holiday season, but buyers are expressing uncharacteristic interest in the market.
The seasonal slowdown in inventory that the Almaden Valley real estate market has been experiencing these last few weeks is pretty much continuing on schedule. The number of available single family homes increased from 47 last week to 48 this week, while the percentage of listings in escrow dropped from 52% to 51% over the same time frame.
Saturday, November 17, 2012, 10am to 1pm
Get a guided tour of the development site.
Builder, Michael Hudson, will answer your questions.
Don’t miss this exciting kickoff event for Early Adopters!
Almaden Valley Real Estate Market Update
Almaden Valley Real Estate Market Update
This past week saw an increase in the number of single family homes on the Almaden Valley real estate market; from 59 last week to 65 this week.
The percentage of listings that are under contract dropped from 49% to 46%, but this drop is likely due to the additional homes on the market skewing that number downward a bit.
Almaden Valley Real Estate Market Update
The number of available single family homes in the Almaden Valley real estate market continue to decrease, from 65 last week to 59 this week. The percentage of total listings under contract has increased from 46% to 49% over the same timeframe.
Almaden Valley Real Estate Market Update
The percentage of listings that are under contract increased slightly, from 45% to 46% over the same time period. We are now at the same levels we were around 4 weeks ago.
Almaden Valley Real Estate Market Update
The gradual increase in available single family homes continues in the Almaden Valley real estate market, although overall things have remained fairly much the same over the past few weeks.
The number of homes on the market increased from 69 last week to 70 this week, while the percentage of total listings that are under contract remains at 45% for the third week. The number of distressed properties (i.e., foreclosure, short sale, and auction) has been slowly but steadily dropping.
Almaden Valley Real Estate Market Update
Inventory continues to creep up; 68 single family homes for sale last week and 69 this week. The percentage of listings that are under contract remained steady at 45%.
