April and May sales stats and market charts for A-Town!

(A couple of weeks ago I took a very late afternoon bike ride with the intention of seeing if it was still possible to circumnavigate my way around the island perimeter from Sherman along the estuary, along the wharfs beyond Mariner Square, sticking as close to the water as possible, ending up at the former Naval Air Station, aka Alameda Point, riding next to the western most chain link fences there (erected so the Least Terns have their place on the base reserved). That’s when I caught the western sunset. And that’s when I caught the attention of a security guard. I put on my best smile and said I hadn’t gone anywhere that wasn’t open. Then he said he was about to lock the open gate I came through when he saw me. Well, I wasn’t hiding. I had that stupid ‘see-me-anywhere’ vest on along with a flashing bike headlight, and a flashing red light on the back of my helmet. Anyway, it was a great ride with some deadends and backtracking where new fences are up. Then I headed back, about 8:45pm, along Central, over to the beach and home.)

Active listings (June 16) 178, 160 (April 14)
Pending listings (June 16) 100, 78 (April 14)

Please take into consideration that since so few properties have closed the figures are skewed, and that the actual DOM (days on market) are not always considering re-insertion of listings as new when they are simply just continued. And of course location, size, and condition are not reflected in averages except that the price may be higher for one than others….but each micro market has it’s own quirks that the stats just cannot reflect back to us accurately. That’s a lesson as to why agents you are talking to should spend time in the market you are part of…..

April sales charts (April 08-April 09) Show charts

2 bedroom single family homes (6)

• average DOM 62
• average sales price $486,500

3 bedroom single family homes (7)

• average DOM 59
• average sales price $612,000

4 bedroom single family homes (0)

3 bedroom townhomes (0)

2 bedroom apartment style condos (2)

• average DOM 72
• average sales price $325,000

4 unit apartment buildings (0)

May sales charts (May 08-May 09) Show charts

2 bedroom single family homes (2)

• average DOM 7
• average sales price $547,500

3 bedroom single family homes (7)

• average DOM 34
• average sales price $572,142

4 bedroom single family homes (5)

• average DOM 54
• average sales price $700,300

3 bedroom townhomes (3)

• average DOM 44
• average sales price $529,333

2 bedroom apartment style condos (4)

• average DOM 18
• average sales price $311,000

4 unit apartment buildings (0)

That’s a wrap….carry on! marilyn