THE SECOND STORY | July 31st, 2014

Alameda looks across to San Francisco…

Stopped for a picture while riding my bike on the broker tour in 94502.  What a gorgeous day.  I kid folks about the weather there….it’s super windy because there is nothing between you and the SF Golden Gate to slow the winds down, and people who buy on the bay fringe should have a full time window washer, and a very salt-water-proof garden!

Boomer-Chick-Musings – observations by me, sometimes about me, sometimes it’s just random.

HERE’S A BLAST FROM THE PAST!   
I prepped this in March of 2008

 Total Alameda properties on the market:  245 of which 67 have pending sales.

Of the 245 active/pending listings, 90 have had obvious price reductions (some may have been taken off the market and reinserted as new listings with a lower price).

There are currently 130 detached single family homes on the market of which 41 are pending.

Of the 90 active/pending listings with price reductions, 46 are residential.

The average DOM (days on market) for those 130 detached single family homes is 124 days. 
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HERE’S  TODAY’S MARKET!

Total Alameda properties on the market: 138 of which 73 have pending sales.

Of the 138 active/pending listings,  2 have price changes (Note I said “changes” not “reductions.” In this market, pricing low has ramifications…because if the market rejects the listing, we see some listings being increased to accommodate the seller.) 

Average DOM is 23 (Note this average, not median.) 
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Alameda Real Estate this week!

Broker Tour Tues! 9 this week.  Saw 6 of them, spread all around 94501 and 94502.

Active listings 65
Pending listings 73

This week…
New  10
PCH price change  2  sometimes what is listed low, the seller then wants up!  Is the market shifting?
BOM back on market  1
Pending  22
Sold  16
Withdrawn temporarily  1

Alameda Real Estate Awards this week…remember this is only my perspective!
Get me a facelift!  

That does it for now!  Carry on!  Make it work!

best, marilyn

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