Alamo CA Home Sales Update April 2013

Home Sales Statistics Alamo CA

Alamo CA hoes real estateHomes for Sale Activity in Alamo Highlands, Alamo Oaks, Bryan Ranch/Bryan Terrace, Monte Sereno, Stone Castle Estates, Stone Valley Oaks, Stonegate, The Trails and Westside Alamo

Alamo home values could rise as much as 10% by years end if the inventory of homes for sale remains tight. If too many homeowners try to catch this trend it could dampen values as supply might be equal to demand.

Bloomberg – , March 15 – JPMorgan Chase & Co. more than doubled its forecast for U.S. home price gains in 2013 to 7 percent this week, and predicts a more than 14 percent increase through 2015. Bank of America Corp. said last week property values will jump 8 percent this year, up from a prior estimate of 4.7 percent.

The two biggest U.S. banks are predicting an accelerating rebound as homebuyers and investors rush to acquire a dwindling supply of properties and the Federal Reserve pushes down borrowing costs by buying mortgage bonds. That’s strengthening the economy and sustaining a rally in homebuilder shares after the stocks more than doubled since the end of 2011.

Home prices rose 6.8 percent in December from the year earlier, the biggest gain since 2006, according to the S&P/Case- Shiller home-price index of 20 cities. The measure is still 29 percent below the peak that year after soaring homeowner defaults helped trigger the global financial crisis.

Since /1/13, 7 homes have sold in Alamo CA.

  • Sold prices ranged from $910,000 to $1,699,000
  • On average, Sellers received just over 100% of asking price (88% to 109%)
  • Days on Market ranged from 0 to 61

Neighborhood statistics for Alamo home sales

Alamo California Home Sales Stats

Active Listings (Homes for Sale) 45
Detached Homes 44
Townhomes/Condos 1
Pending Home Sales in Alamo 40
Sold in Last 30 Days 1
Potential Short Sales in Alamo 1
REOs (Bank Owned Foreclosures) 0
Price Range $450K to $4.95 Million

Alamo Highlands – Homes for Sale

  • 0 Active Listing (Homes for Sale in Alamo Highlands)
  • 0 Homes show sale pending
  • 0 Home shows sold in the last month

There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Alamo Oaks

  • 0 Active Listings (Homes for Sale in Alamo Oaks)
  • 0 Homes show sale pending
  • 0 Home shows sold in the last month

There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Bryan Ranch– Homes for Sale Alamo CA

  • 2 Active Listings (Homes for Sale in Bryan Ranch/Meadows/Terrace)
  • 2 Homes show sale pending
  • 0 Home shows sold in the last month

The asking price on the homes for sale in Bryan Ranch range from $1,340,000 to $2,499,000. There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Monte Sereno Homes

  • 0 Active Listing (Homes for Sale in Monte Sereno)
  • 0 Homes show sale pending
  • 0 Home shows sold in the last month

Stone Castle Estates – Homes for Sale Alamo CA

  • 0 Active Listing (Homes for Sale in Stone Castle Estates)
  • 0 Homes show sale pending
  • 0 Home shows sold in the last month

Stonegate Homes

  • 1 Active Listing (Homes for Sale in Stonegate)
  • 4 Homes show sale pending
  • 2 Home shows sold in the last month

The asking price on the home for sale in Stonegate is $2,349,000. There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Stone Valley Oaks

  • 0 Active Listing (Homes for Sale in Stonegate)
  • 1 Homes show sale pending
  • 0 Home shows sold in the last month

There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

The Trails

  • 0 Active Listing (Homes for Sale in The Trails)
  • 0 Homes show sale pending
  • 0 Home shows sold in the last month

There are 0 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Westside Alamo

  • 10 Active Listing (Homes for Sale in Westside Alamo)
  • 4 Homes show sale pending
  • 1 Home shows sold in the last month

The asking price on the homes for sale in Alamo’s Westside range from $799,000 to $1,595,000. There are 1 REO (foreclosures) & 0 potential short sales showing up on the MLS at this time.

Links for more info

Our FREE Alamo Real Estate Market Reports are the best source of data you can get for Alamo neighborhood real estate markets.

Email Craig if you would like to know more about buying or selling a home or condo in Alamo, CA (925) 984-4910

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One Comment

  1. Posted April 1, 2013 at 5:39 pm | Permalink

    If projections hold out, home values will rise 22 percent cumulatively by the end of 2017, according to Zillow’s first-quarter Home Price Expectations Survey.

    On average, the panel forecasts price growth of 4.6 percent in 2013 and 4.2 percent in 2014. More moderate growth is expected after that, with annual appreciation rates between 3.6 percent and 3.8 percent for 2015, 2016, and 2017, leading to an average 4.1 percent growth annually for the next five years.
    John recently posted..Home Sales Activity Danville CA April 2012My Profile

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