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.
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.