THE SECOND STORY | August 8th, 2019

And this is why we like Alameda….

 

Photo of SF, was taken this week from the Alameda coastline!

Alameda Real Estate this Week

I had the opportunity to close a sale for some lovely Buyers, this week. They were up against 6 offers. They wrote such a clean offer (no contingencies – including no loan/appraisal). It’s such an honor to work folks like these.

Total active listings: 51, including 1 AC (active contingent), 1 BOM (back on the market), 4 PCH (price changes)

Total pending listings: 64, including 16 pending sales – backup offers wanted

Total sold 12

You may notice that one of the price changes was from $26,000,000 down to $2,600,000. It was clearly an error…but….we sometimes make them when inputting listings into the MLS.

I thought the following might give you an idea of DOM (days on market), per the MLS, as of tonight:

This doesn’t include commercial (storefront) properties…of which some have been on the market for well over a year.

DOM (days on market)

High 135 days

Low 7 days

Average 33 days

Median 24 days 

Have a great weekend! Call me, text, leave an email for me if you have questions about the Alameda market. I’m not a genie so I don’t have all of the answers, but I might be able to give you an idea of what’s going on.

best, marilyn

 

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Marilyn

I arrived in Alameda in 1973, as a new bride...with husband Carl Schumacher, both of us from Newport Beach. He was embarking on his career as a Naval Architect (i.e. yacht designer) under Gary Mull. Please see the 'ABOUT ME' page in this website! www.MarilynSchumacher.com to see how it has all turned out! I'm so blessed!