January, 2009 Sales Stats and Market Charts for A-Town!

See last week’s post for a description and details of the photo in the header. It’s about family in New Zealand…

If you had between a 3 and 5 day weekend, lucky you that Lincoln and Washington had birthdays so close together! Hope you stayed dry, enjoyed the hail, or went up to the mountains and found lots of snow!

As I said last month, a picture often says 1000 words and so it is with several charts showing a variety of market measurements of Alameda, both zip codes 94501 and 94502. Harbor Bay Realty has an exclusive contract with the company who generates these from Multiple Listing Service data and, for those who are inclined to use these tools, they are invaluable resources. And I can format the reports to meet a variety of needs. Nonetheless, they are guides but if you are into data…these are for you!

Today I put 31 Oak Park on the market. See the sidebar for the website that is loaded with photos. It’s a really lovely 2/2.5 townhome at Harbor Bay for 499K. Loaded with upgrades, (with permits), it also has a larger than usual backyard, divided into two ‘rooms’ – one with a patio and one with a deck. NICE! Check out the website .

Last week I put 1629 Foley, a fixer on the market and there have been a ton of calls….showing once again….price pulls ’em in.

If you’d like to receive an email notice when the weekly update is posted and when the monthly stats are posted….let me know and I can include you on the list (which is sent BCC so nobody sees anybody else’ email address).

Active listings as of 2/16/09 170
Pending listings as of 2/16/09 62

The charts are of value when there are so few sales to report. The numbers are skewed because one property in a category may have been on the market for 180 days, and the next one 7 days. See what happens to averages? Oh well.

Jan 2009 Sales Stats for Alameda Show charts

2 bedroom single family homes (3)

• Average DOM 45
• Average sales price 430K

3 bedroom single family homes (6)

• Average DOM 53
• Average sales price 535K

4+ bedroom single family homes (2)

• Average DOM 128
• Average sales price 802.5K

3 bedroom townhomes (0)

2 bedroom apartment style condos (2)

• Average DOM 179
• Average sales price 318.5K

4 unit apartment buildings (0)

Have a good week! Call if you need vendors or market info…I’ll do my best to help.

P.S. I’m now on Facebook (link on sidebar to right) and starting in on LinkedIn. If you have tips for me, let me know. Friends? Well, we’ll see….

Carry on! Marilyn