The first three months of 2012 are “in the books” for the Alamo real estate market so let’s see how things are looking compared to last year. As you can see the single family home segment has easily surpassed the results of 2011. A large increase in home sales is also coupled with a moderate increase in the median pricing. The time it takes to get a home into escrow has moved up but mainly due to older listings coming off of the market. The buzzword right now is inventory. Things are moving quickly and if the home is in excellent condition and priced right it will find a buyer rather quickly. Let’s hope things continue to improve in the second quarter. As always, feel free to contact me if you have any questions about real estate in Alamo.
February Real Estate Review for Alamo
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