Market Conditions for Almaden Valley in Santa Clara County, California
Reported by Pat Dulleck, Broker, CRS, ePro, SRES, ALHS, REALTOR
Updated January 9, 2009.
Current Market Rating: 2
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Current Price Trend: 2
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November sales in Almaden were 12 single family homes. The number of active homes is 91, with pending sales at 15 in the last 30 days. The price range of available homes is from $522,900-$4,988,888. The median price is $1,020,000. The price range of pending sales is $669,888- $1,329,000 (as of 11/30).
While single family homes make up the bulk of the inventory there are 10 active townhomes/condos, 1 pending in the last 30 days and 2 closed in November.
As of November 30, in the Santa Clara County the inventory for active listings of single family homes was 4649 and condo/townhomes is 1605. Totaling 6254 for both. The number of homes and townhome/condos that went into contract over the last 30 days was 1114. Pending sales are running at about 18% of the available inventory. The number of closed sales in November was 774 (599 being homes and 175 being condo/townhomes). Two things can be contributing to these lowered sales figures - the usual slowing of the holiday time and the uncertainty in the economy. Buyers can find some great properties at great prices.
Understanding your options is critical now as lending guidelines have changed making the real estate market fluid. Want to know your options? Call me!
For more information on this local market, call 877-927-6565 or email me at pat@patdulleck.com. Pat Dulleck, Broker, CRS, ePro, SRES, ALHS. I have 24 years helping clients with their Real Estate needs.
ZIP Code: 95120 Location Characteristics: One of the most attractive residential areas of Silicon Valley, the South San Jose community of Almaden is distinguished by nice hillside views and "one of the most gorgeous landscapes in America," according to the Greenbelt Alliance website. Almaden Valley's key attraction is Almaden Quicksilver County Park. The Almaden Quicksilver Park also boasts plenty of hiking and biking trails and a spectacular wildflower display during the springtime. Almaden Expressway helps make the cultural attractions and amenities of the downtown area easily accessible for Almaden residents.
There is an annual art and wine festival held at Lake Almaden. For those that enjoy water sports a number of lakes are close by. Parks are plentiful as well.
About Pat Dulleck:
Pat has 24 years experience selling residential real estate, 18 years as a broker. Our professional team is knowledgeable, competent and high tech.
What Clients Say: Your competence and skill in handling situations and knowing how to communicate with people is as impressive as your kindness and reassuring manner.
Your attention to detail, knowledge of the market, and skill in sales made a difference.
Pat’s confidence, knowledge and her ability to communicate well and handle perspective clients was clearly evident.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
