A great opportunity to own a large custom home on a fantastic lot in gated Stonegate. Situated on almost a half an acre this property is perfect for gatherings and entertaining with wonderful views, beautiful pool, privacy and a generous yard. Four bedrooms plus a bonus room round out this 4200+ square foot residence with newer paint and carpet. Sold in 4 Days with Multiple Offers... [property_details details="1"] Any statistics were compiled from Public Records and other industry sources and are deemed … [Read more...]
Alamo’s 2012 First Quarter Real Estate Results
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 … [Read more...]
February Real Estate Review for Alamo
Let's take a look at the Alamo Real Estate Market through the first two months of the year. Activity has started the year at a brisk pace and the buzzword is "lack of inventory". There are a lot of buyers out looking and depending on the price range multiple offers are not unheard of. We see a pretty big jump in closed sales versus 2011 as well as an increase in median prices. The time it took to get homes into escrow appears longer but is most likely attributed to homes which have been on the market longer are … [Read more...]
Alamo 2011 Year End Real Estate Review
The New Year is here and it is time to take a look at how the Alamo Real Estate Market finished out 2011 versus 2010. As far as the single family home market is concerned there was drop off in the number of homes sold with total unit sales down 46 on a year over year basis. Median home prices held steady experiencing a decline of just a touch over one percent. The average time it took to get a home into contract remained steady at just over two months. As far as the Townhouse and Condo market was concerned the … [Read more...]
Alamo Year Over Year Real Estate Performance Through October
The first ten months of the year have passed. Here is a look at how the Alamo residential real estate market has performed versus the same period last year. As you can see the single family segment has seen a decline in the number of sales but the good news is that median home prices have held steady. Also, average marketing time has only slightly increased from 62 days to 67 days. Attached homes sales were the same as last year at 7. Median pricing took a hit down a little more than 18%. The sample is really to … [Read more...]
Knowledgeable...