*House Coming Soon*

Looking for Buyer

784 Sherman Oaks Drive, San Jose, CA
3 Bed/ 2.5 Bath

Please contact Izabella for more information.

Alameda Real Estate Market

Avg. Listing Price $663,593

Wk ending Mar 13

+$7,165
+1.1%

Median Sales Price $508,500

Dec '12 - Feb '13

+$38,500
+8.2%

Average Price/sqft

$333

+16.4%

47 Homes For Sale

413 Recently Sold

6 Open Houses

115 Foreclosure

Most popular
zip code

Avg. listing priceWeek ending Mar 13

94611                                                                                                                                $1,175,595

+0.3%

      94568                                                                                                                                  $729,895

+4.1%

      94536                                                                                                                                  $436,452

-8.5%

      94539                                                                                                                               $1,890,689

-0.5%

      94566                                                                                                                               $1,281,662

-7.4%

  

Alameda Summary

Average price per square foot for Alameda CA was $333, an increase of 16.4% compared to the same period last year. The median sales price for homes in Alameda CA for Dec 12 to Feb 13 was $508,500 based on 108 home sales. Compared to the same period one year ago, the median home sales price increased 8.2%, or $38,500, and the number of home sales decreased 22.3%. There are currently 47 resale and new homes in Alameda on Trulia, including 6 open houses, as well as 115 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Alameda CA was $663,593 for the week ending Mar 13, which represents an increase of 1.1%, or $7,165, compared to the prior week. Trulia

 

Now Is The Time To Sell!

Many homeowners are waiting until the Spring ‘buying season’ to list their homes for sale. Here are five reasons why that might not make sense this year:

1.) Demand Is High

Homes are selling at a pace not seen since 2007. The most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed that annual sales in 2012 increased 9.2% over 2011. There are buyers out there right now and they are serious about purchasing.

2.) Supply Is Low

The monthly supply of houses for sale is at its lowest point (4.4 months) since May of 2005. The current month’s supply is down 21.6% from the same time last year. Historically, inventory increases dramatically in the spring. Selling now when demand is high and supply is low may garner you your best price.

3.) New Construction Is Coming Back

Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering, more and more builders are jumping back in. These ‘shiny’ new homes will again become competition as they are an attractive alternative to many purchasers.

4.) Interest Rates Are Projected to Inch Up

The Mortgage Bankers’ Association has projected mortgage interest rates will inch up approximately one full point in 2013. Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

5.) Timelines Will Be Shorter

The dramatic increase in transactions caused many challenges to the process of buying or selling a home in 2012. We waited for inspections, dealt with last minute appraisals and prayed that the bank didn’t ask for ‘just one more piece of paper’ before issuing a commitment on the mortgage. There are fewer transactions this time of year. That means that timetables on each component of the home buying process will be friendlier for those involved in transactions over the next 90 days.
These are five good reasons why you should consider listing your house today instead of waiting.

What is Happening in the Bay Area for this Weekend?

Saturday, February 16, 2013
SF Beer Week 2013 | February 8-17

Watch contestants stuff themselves like sausages in just five minutes during the second annual Craft Beer & Sausage Eating Contest at Rosamunde Sausage Grill in the Mission during SF Beer Week on

February 16, 2013.
Want to Watch? 
It’s free to watch and everyone wins $1 off winner’s beer choice for the rest of the day or $2 off the winner’s beer and sausage choice.

SF Beer Week Sausage Eating Contest
Saturday, February 16, 2013 (2pm)
Rosamunde Sausage Grill, 2832 Mission Street, SF
FREE to watch, $20 to compete
Want to Compete?
Entrance fee is $20, but you get to eat as many Rosamunde sausages as you can (their choice on a French roll with 2 toppings) and drink at least one Coney Island Craft Lager during a five minute session. Any “reversal of fortune” will result in disqualification. 
Prizes

• Winner will receive $100 in cash and a $100 Rosamunde gift card.
• 2nd place will receive a $50 gift card and 3rd will receive a $25 gift card.
• All contestants get a commemorative Rosamunde apron or Tshirt.
• It’s free to watch, and then reap the rewards of discounted beer and sausages afterwards based on the winner’s choices.

Hope you all had a very nice Valentine's Day!!!

Life has taught us that love does not consist in gazing at each other but in looking outward together in the same direction.         -Saint-Exupery

MARKET WATCH for Alameda, CA.

 

2012 WAS AN EXCITING YEAR FOR REAL ESTATE!

DEMAND FOR HOUSING HAS INCREASED THIS YEAR, INTEREST RATES REMAIN VERY LOW AND THE LAWS OF SUPPLY AND DEMAND HAVE SHIFTED THE REAL ESTATE MARKET FOR THE BETTER. THE AVERAGE LISTING PRICE AS OF JAN 30, 2013 IS $600,726, WHICH IS A 15.5% INCREASE. THE MEDIAN SALES PRICE IS $516,250, WHICH IS A 14.7% INCREASE. ACCORDING TO THE ALAMEDA MULTIPLE LISTING SERVICE, 56 HOMES HAVE COME ON THE MARKET AS NEW LISTINGS IN THE LAST 30 DAYS. AT THE SAME TIME, 460 HOMES HAVE SOLD. IF YOU ARE THINKING ABOUT SELLING OR BUYING A HOME, NOW IS THE TIME!

   

RECENT SINGLE FAMILY RESIDENCES SOLD IN ALAMEDA, CA

319 Hollister Ave, Alameda_____ Sold for $679,000

1519 Lafayette St, Alameda______Sold for $745,000

12 Aughinbaugh Way, Alameda__Sold for $585,000

2945 Baywalk Rd, Alameda_____Sold for $699,000

1346 8^th St, Alameda___________Sold for $700,000

7 Rutland Ct, Alameda_________Sold for $625,000

NEW SINGLE FAMILY RESIDENCES NEW LISTINGS IN ALAMEDA, CA

492 McDonnel Rd, Alameda____For Sale for $599,000

1816 Ohlone St, Alameda______For Sale for $638,000

1315 Court St, Alameda_______For Sale for $948,500

3228 Washington St, Alameda__For Sale for $629,000

608 Glenwood Isle, Alameda___For Sale for $839,000

2955 Sea View Pkwy, Alameda___For Sale for $1,290,000

Bay Area Weekend Events

Zinfandel Festival
Till Saturday, Feb 2
 http://zinfandel.org/default.asp?n1=28&n2=1085


On Saturday, Feb 2, 2013 from 10am-5pm
FREE Museum day at Lindsay Wildlife Museum
1931 First Avenue
Walnut Creek, CA
http://www.alamedamagazine.com/Alameda-Magazine/Events/Calendar/index.php/name/Lindsay-Wildlife-Museum-Free-Admission-Day/event/9258/