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...]
The Walnut Creek Real Estate Market in January
Here's a look at how Walnut Creek real estate finished January. In both the single family and attached home segments we see that unit sales are up. Single family home sales have remained consistent in median price as well as the time it takes to get one into escrow. The attached homes market has seen marketing times decline and a higher quantity of sales at the lower end which has been a drag on median price. It is too early in the year to make any snap judgment as the data is small. These reports will become more … [Read more...]
January Real Estate Review for San Ramon
As February, and a leap year one to boot, comes to a close let's look at what happened in the San Ramon real estate market in January. Although fewer single family homes sold in January versus a year ago pricing remains flat and the time to get a home into escrow has fallen. The attached home market started the year off with a bang in number of units sold but these were predominately on the lower end which has brought the median price down. As with the single family segment marketing times have come down. At this … [Read more...]
Danville’s January Real Estate Update
Housing in Danville kicked off January with a slight decrease in sales as compared to a year ago. The median price of single family homes held steady while there was an increase in the attached home segment. Since this is a cumulative report beginning this month it is difficult to draw any conclusions as the sample of data used is small. As the first quarter comes to a close we will begin to see a trend of how housing will perform in Danville this year. Do you have specific questions about real estate in Danville? … [Read more...]
January Real Estate Update for Blackhawk Country Club
One thing can be said about the real estate market in Blackhawk Country Club right now...there is just not a lot of inventory. I talk with folks on a weekly basis who are interested in moving up but just cannot really find something that strikes their fancy right now. Let's hope that as we move into Spring we will see an uptick in the number and types of homes available for sale. Following are the numbers for January home sales in Blackhawk in 2012 versus the first month of last year. Do you have specific questions … [Read more...]
Alamo’s January Real Estate Update
Well it's time again to start another year and take a look at how real estate in Alamo is performing versus the year gone by. At this point the data is thin so it is difficult to draw any lasting conclusions as to the direction of the 2012 market. As we go through the next few months we will get a pretty good idea of the health of local housing. One thing is for certain: Alamo has experienced a nice jump in activity at the higher end with several homes over $2,000,000 finding buyers including one at … [Read more...]
2503 Royal Oaks Drive in Alamo
Impeccable quality and craftsmanship are present throughout this French Country residence nestled against the 13th hole at Round Hill Country Club. Completed in 2002 no detail has been overlooked. Fine finishes abound and with almost 5000 square feet* of living space this home is perfectly designed for everyday living as well as elegant entertaining both inside and out. The versatile floor plan features a spectacular Wine Cellar, Bonus/Media Room, Chef’s Kitchen, Formal Living & Dining, Gym (Artist’s Retreat … [Read more...]
Walnut Creek Real Estate in 2011
So just how did the Walnut Creek Real Estate Market perform in 2011? Well the answers are below. Sales were robust compared to 2010 for both single family homes as well as attached dwellings. Good news considering that there was limited home buyer tax credits available. In addition, the time that it took to get a home into escrow increased slightly but it was still less than sixty days on average which is very good. The downside came in the median home prices. There was downward pressure on both market segments … [Read more...]
Danville Real Estate Review for 2011
2011 has come to an end and it is time to look forward to what 2012 has in store for us. Danville Single Family home sales enjoyed a nice jump over 2010 rising a little over nine percent. Median prices came under moderate pressure falling just under five percent from 2010. Marketing time remained constant over the last two years averaging just over one month to get a home under contract. In the Condo and Townhouse market we saw a decline in the number of units sold and a bit of a drop in the median price. Marketing … [Read more...]
2011 Blackhawk Year End Real Estate Review
2012 is here and it is time to put 2011 behind us. But before we do here is the Blackhawk Real Estate performance snapshot for 2011. Slightly fewer homes sold in Blackhawk compared with 201o but the good news is that the median price increased a little over 4% on a year over year basis. The time it took to get a home into contract in 2011 was very similar to 2010 at just under three months. The Patio & Town Home market, like many in the area, struggled with declining values. All The Best in 2012! … [Read more...]
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