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December 1, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Alameda, California

Reported by Pacita C. Dimacali, REALTOR, e-PRO, SRES

Updated August 5, 2009.

Current Market Rating: 3




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

Here's a quick review of where we are as of this writing in terms of ALL types of properties

Active listings - 134 (low inventory!)
Median price - $594,000
Average days on market - 60

Listings under contract - 96
Median price - $479,450
Average days on market - 46

Listings sold since January 1, 2009 - 202
Median price - $555,000
Average days on market - 50

FORECLOSURES - how many?

Active listings - 12
Median price - $338,500
Average days on market - 61

Listings under contract - 11
Median price - $338,500
Average days on market - 40

Listings sold - 30 or 15% of total sales to date
Median price - $466,625
Average days on market 41

SHORT SALES ---- Are short sales moving?
Active listings - 15
Listings under contract - 25

Listings sold - 14 or 7% of total
Average days on market for sold short sales - 83 days



ZIP Codes: 94501, and, 94502

Approximate Location Boundaries: Island on San Francisco Bay between Oakland and San Francisco

Location Characteristics: What's not to like about this picturesque, historic island on San Francisco Bay? Visitors marvel at the small town aura of Alameda. It's a mere ferry or express bus ride to San Francisco, but if one must drive, it's approximately 13 miles away, separated by the Bay Bridge. The island is truly picturesque, with its abundance of Victorians, Tudors, Colonial Revivals, Craftsman and myriad styles of bungalows. Shopping is getting better, as its Alameda Town Centre which is located right by the beach brings more retailers like Bed Bath & Beyond, Old Navy, TJMaxx, Border's and yes, even Trader Joe's.

One has a choice of several marinas (it's an island, after all). This is a bike-friendly town. So friendly that during the many community events around town, BikeAlameda even offers valet bike parking!

One of the biggest attractions of this wonderful town is its temperate climate --- when fog rolls in over San Francisco, we watch with glee because we Alamedans are basking in the sun.

For More Information:

View Market Conditions of other areas served by Pacita C. Dimacali

Navigate: Top > California > Alameda

About Pacita C. Dimacali:
Pacita's marketing skills and instincts were developed through years of experience as a marketing and sales executive in the telecommunications industry. Brought up with the old-fashioned notion of "The Customer is King", Pacita's priority is to serve and satisfy the needs of her clients --- and it shows! She is consistently in the top five of the agents at Gallagher and Lindsey.

Her love of architecture is the root of her joy in viewing a property not just as a potential sale, but as a creative outlet to imagine how to highlight its best features.

Meeting Pacita, one will sense her level of enthusiasm and dedication. She truly enjoys what she does. She often says that if she isn't having fun doing what she does, then she's paying too high a price. In her case, she's paid while having fun. What a concept!

Pacita also enjoys the challenging aspects of becoming more in tune with the market by learning various ways to communicate with buyers and sellers, Along the way, she has earned the designation of e-PRO for internet marketing proficiency, and SRES or Seniors Real Estate Specialist. As an MBA, she was a rising star in corporate life. But when mergers and acquisitions turned into a constant reshuffling, she decided to pursue her first love: real estate.

To share her joy, call her for your real estate needs whether you're a buyer or seller. Her enthusiasm is infectious.

Call (510) 205 2992 or email Pacita@PacitaRealtor.com



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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