Almaden Valley Real Estate Market Update for August 6, 2012

Almaden Valley Real Estate Market

Almaden Valley Real Estate Market
Almaden Valley Real Estate Market Update
The Almaden Valley real estate market experienced little change from last week. Available single family homes decreased from 66 last week to 65 this week, while the percentage of listings under contract increased from 46% to 47% over the same time frame.

Almaden Valley Real Estate Market Update
Don’t miss this exciting kickoff event for Early Adopters of Fleetwood Almaden Estates!
As you’ve driven up and down Almaden Expressway over the past 8 months, you have no doubt witnessed the evolution of the exciting Fleetwood Almaden Estates project at the intersection at Redmond. The first phase will be completed later in 2012. To celebrate, the builder is hosting a special kickoff event for Early Adopters.

Almaden Valley Real Estate

Almaden Valley Real Estate Market Update
The percentage of listings under contract crept up from 53% to 54% over the same time period. It looks like we haven’t seen this many homes under contract since April of last year, when the number of available homes was a healthier 105!
Almaden Valley Real Estate Market Update
Almaden Valley real estate saw a drop in the number of available single family homes this past week. Last week there were 63 homes for sale in Almaden, while this week that number dropped to 57.
The percentage of listings under contract increased from 49% to 53%. In the first two days of July, seven Almaden homes received accepted offers. I know I sound like a broken record, but buyers are snapping up listings faster than the supply is being replenished by new listings.
Therese Swan has been recognized by The 2012 Wall Street Journal & REAL Trends Top 1,000 in its annual ranking of the top real estate professionals in the United States. Based on 2011 sales data, Therese is the only Realtor specializing in Almaden Valley to make the prestigious 2012 Top 250 by Sales Volume category.

Almaden Valley Real Estate Market Update
The number of single family homes available for sale dropped slightly this week, from 69 to 64. The percentage of listings under contract increased from 45% to 50%.
Now accepting early buyers for Fleetwood Almaden Estates!
If you would like to be one of the first to own one of these great new properties, zap me an email to tswan@apr.com and we can make arrangements to meet and discuss.