Market Report Alamo CA Real Estate February 2012 Median Home Price Homes for Sale Alamo CA March 1, 2012

As an unincorporated community Alamo, named by the Spanish in 1850 for the poplar trees that lined San Ramon Creek, does not have a government of its own. Police services are provided by the Contra Costa County Office of the Sheriff. Fire and EMS services are provided by the San Ramon Valley Fire Protection District. Click for more from Wikipedia, the free encyclopedia

Homes For Sale in Alamo CA Currently on the Market*

The newest listing of homes for sale Alamo CA, is displayed below.

Showing property 1 of 60. See more city of Alamo real estate.
(all data current as of 2/29/2012)

1. $1,095,000 : 62 Sandra Ct., ALAMO
   
   4 beds, 3 full baths

   Home size: 2,867 sq ft

   Lot size: 21,780 sq ft

Click to see the full report on Homes for Sale in Alamo CA March 1, 2012 including monthly trends of homes for sale, pending and sold through February 2012.

To see homes for sale in Alamo CA visit Alamo CA Real Estate Click here for the Median Home Price in Alamo CA . More information on homes for sale in Alamo CA, including foreclosures for sale can be found at www.VickieSellsHomes.com

* Based on information from the Contra Costa Association of REALTOR’S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Market Report Alamo CA Real Estate February 2012 Median Home Price Homes for Sale Alamo CA March 1, 2012

The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo, CA 94507 for the month of January 2012. There are six homes currently in the Active/Pending segment of bank owned homes the high price is $1,799,000 and $600,000 is the low price.

Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. For more detailed information of the current Foreclosure/REO market in Alamo please call.

PREVIEW CURRENT BANK OWNED HOMES FOR SALE IN ALAMO

The following information represents the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Alamo CA as of February 26th 2012. As you can see there is a big difference between the percentage of short sales of total pending sales and what is currently for sale that is a potential short sale. This variance relates to the additional time that it can take to get a short sale completed.

Please keep in mind that this only reflects the market on the specific day quoted. Alamo Short Sales take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range.

Additional Short Sale Information Available for Alamo

Mortgage and Market Update for February 24th

Economic News: This week’s calendar was light. Existing Home Sales experienced a 4.3% increase in January. While pricing remains under pressure available inventory continues to decline. The New Home Sales report was a little soft and, as with existing home sales, inventory is down. Weekly Jobless Claims again beat expectations and the four week moving average continued its winning streak to 11 of the last 12 weeks. Lastly, Consumer Sentiment was reported higher than forecast. It’s that time of year again and we are seeing gas prices rise rapidly. Oil is now trading north of $108 per barrel and pump prices are moving up. This is in spite of lower demand from US Consumers.

Mortgage Markets: Treasuries and Mortgage Backed Securities have had a pretty calm week. The 10 Year Note is currently trading at 1.974% which is down a tick from last week’s closing at 2.007%.

Next Week’s Reports: Monday: Pending Home Sales Tuesday: Durable Goods Orders, Case-Shiller Home Price Index, Consumer Confidence Wednesday: Gross Domestic Product, Beige Book Thursday: Jobless Claims, Personal Income & Outlays, ISM Manufacturing Index

While I do not originate loans I make it a habit to keep abreast of mortgage & market conditions. If you are thinking of purchasing a home the first step is to meet with a mortgage professional. I will gladly provide several top-notch Bay Area advisers for your review if you are in need of a referral.

The following data represents the Real Estate Market Review for Alamo, CA 94507 for the month of January 2012. Alamo left the doldrums of December behind and started January off well. Active listings are down from December but we have seen movement in the higher end homes priced above $2,000,000. These monthly reports can be volatile so always take a look at a longer time period to determine real trends.

Alamo has 46 homes currently "pending sale"with a high price of $11,800,000 and a low price of $599,000. There is one condos/townhomes "pending sale" currently pending sale priced at $515,000.

Alamo Real Estate Market Review for December 2011