Almaden “Super Quick” Real Estate Snapshot

Updated 6/1/2016 at 9am
55 Active Listings SFR (Single Family Residences)
Range $850,000- $5,899,000
Average List Price – $1,881,452
Average Square Feet – 3,160sf
Average Cost Per Square Foot – $638

60 Contingent/Pending Listings SFR
Range $500,000- $1,999,000
Average List Price – $1,344,545
Average Square Feet – 2,349sf
Average Cost Per Square Foot – $606

120 Year to Date – Closed Escrows
Range $752,500 – $3,950,000
Average Sale Price – $1,477,396
Average Square Feet – 2,578sf
Average Cost Per Square Foot – $596

2015 Sales – 375 Closed Escrows
Range $482,000 – $4,050,000
Average Sale Price – $1,401,936
Average Square Feet – 2,463sf
Average Cost Per Square Foot – $587

Have sales slowed down in Almaden? Yes and no. It comes down to price range. As you can see of the 375 sales in 2015 the average sales price was $1.4M while the average active listing is almost $1.8M. Big disconnect. So well priced homes are selling extremely fast while larger homes are selling but at a much slower pace. So you see here is a disconnect between the selling sweet spot and what some sellers are asking.
www.AlmadenRealEstate.info