Almaden “Super Quick” Real Estate Snapshot

Updated  6/17/2015 at 2pm
45 Active Listings SFR (Single Family Residences)
Range $550,000- $4,200,000
Average List Price $1,752,593
Average Square Feet – 3,185sf
Average Cost Per Square Foot – $596
52 Contingent/Pending Listings SFR
Range $888,888 – $2,800,000
Average List Price $1,377,367
Average Square Feet – 2,536sf
Average Cost Per Square Foot – $566
178 Year to Date Sales (Closed Escrows)
Range $482,000 –  $4,000,000
Average Sale Price $1,421,301
Average Square Feet – 2,514sf
Average Cost Per Square Foot – $583

Here you go Almaden Valley.  Have sales slowed down in Almaden.  Yes and no.  It comes down to price range.  As you can see of the 178 sales in 2015 the average sales price was $1.4M while the average active listing is $1.7M.  Big disconnect.  So well priced homes are selling extremely fast while larger homes are selling but at a much slower pace.  They have been 15 sales over $2M this year out of 178 or only 8%.  Currently out of 45 active listings,  14 out of 45 are over $2M or 31%.  So you see the problem