THE SECOND STORY | September 2nd, 2021

The Alameda real estate market is saying something……

….and I don’t know if the market is telling me the truth or not, but what I do know is that it’s getting darker sooner. And more properties are being put on the market, most likely to beat the holidays, which can be a HUGE distraction to Buyers.

This week there are 34 active listings, 20 pending sales, and 14 sold properties. And some of those active listings have had price reductions and are BOMs.

I took this photo today, in my backyard because I was admiring how complicated spider webs are.  And that lead my thought to a woman (girlfriend of a crew member with whom we raced)  in Tiburon, decades ago. Everybody called her Bugsy.  Random, eh?

And Carl was the designer of the boat that we sailed on.

Let’s get to it!

DEFINITIONS:

AC (active contingent on selling another property)

PCH (price change)

PSB (pending sale, want backups)

BOM (back on market – fell out of escrow)

REO (real estate owned by the lender, i.e. foreclosure)

PPR (probate confirmation required)

DOM (days on market)

Active listings this week 34

including 2 BOM and 1 PCH

DOM  high 1558  low  7  avg 75   med 20

Pending listings this week 20

including  1 PPR (probate confirmation required)  2 PSB

DOM  high 59  low  1  avg 16  med 20

Sold listings this week 15

DOM  high 42  low 0  avg 13  med 13

Have a great weekend! Please contact me if you have questions or any of the answers that I may need!

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!