The first eleven months of 2011 have come and gone and the Alamo real estate market has rolled along. While we have seen a decrease in the number of homes sold versus last year it is nice to see that pricing is holding steady. The median single family home price is hovering around $1,100,000. Marketing times have also held steady with it taking right at two months for a home to find a buyer. The attached home segment of Alamo is small and has shown the same strain concerning value as the surrounding communities of … [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...]
Alamo Year Over Year Real Estate Performance Through September
I cannot believe that the first nine months of 2011 have passed by. Fall is here and the first rains are falling. Here is a look at how real estate in Alamo has performed this year versus 2010. The average marketing time has remained fairly constant at just a little over two months. The median home price of single family homes is down just a touch under 3% while 18 fewer houses have sold this year. I really cannot make any comments on the attached home market as the data set is just two small. … [Read more...]
Short Sale Concentration in Alamo as of 9.22.11
The data represents the concentration of short sales versus traditional sales in "sale pending" status in Alamo as of 9.22. The short sale timeline is generally longer than a traditional sale and may be represented over a longer period of time. Questions about short sales in Alamo? Give me a call. … [Read more...]
Alamo Real Estate Market Year Over Year Report through August
The following chart shows the performance of the Alamo market in 2011 versus 2010 for the first eight months of the year. The single family market has experienced a slight slowdown in unit sales and a small increase in average marketing time. The median sales price has remained basically unchanged. The attached homes segment the same number of unit sales but a large decrease in the median price. Keep in mind that the sample of attached homes is small and subject to large variations month over month. Real estate … [Read more...]
Alamo Bank Owned Home Sales for July 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo for the month of July 2011. In the Active/Pending segment of bank owned homes the high price is $2,099,900 and $599,900 is the low price. This information is current as of 8.21 Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. For more detailed information of the … [Read more...]
Labor Day is Approaching. Information on the tools of backyard entertaining.
As Labor Day approaches we all celebrate as summer draws to a close and we look forward to all that fall has to offer. The following articles provide information on all things related to backyard entertaining. Best wishes to a wonderful three day weekend with family and friends on September 3rd thru 5th. Outdoor Appliance Buying Guide: Specialty Items Specialty appliances for outdoor kitchens are hot items, but you’ll spend thousands of dollars for the added convenience. Read Outdoor Appliance Guide: … [Read more...]
Short Sale Concentration in Alamo
The data represents the concentration of short sales versus traditional sales in "sale pending" status in Alamo. The short sale timeline is generally longer than a traditional sale and may be represented over a longer period of time. Questions about short sales in Alamo? Give me a call. … [Read more...]
Alamo Real Estate Market Year Over Year Report through July
The following chart shows the performance of the Alamo market in 2011 versus the same period in 2010. The single family market has experienced a slight slowdown in unit sales and a small increase in average marketing time. The median price has remained basically unchanged. The attached homes segment has not done as well as last year but keep in mind that the sample is small and subject to large variations month over month. Real estate markets are local in nature and various neighborhoods can and do perform … [Read more...]
Foreclosure Activity in Alamo for June 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo for the month of June 2011. In the Active/Pending segment of bank owned homes the high price is $2,099,900 and $599,900 is the low price. Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. For more detailed information of the current Foreclosure/REO market in Alamo … [Read more...]
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