Percent of Change in Alameda Real Estate

Lots of Real Estate numbers for you today. The first set is from the SF Gate, reporting sales in the month of October and comparing percent of change in the average price of home sales. It appears Bay Farm/Harbor Bay is taking a bigger hit on pricing compared to the 94501.

After seeing these I was curious what the November numbers are: So, I created my version of the report for the past month. I looked at both 2007 and 2008 so we would have a year-over-year comparison. Again it showed that the 94502 was taking hit with lower list and sales prices but it also showed that the 94501 has fewer listing  this year compared to 2007.

At the bottom is this week's inventory data. The inventory shows, as expect in the slower Winter months, that inventory has declined by 15 total units since I pulled the data on November 15. Single family residence inventory is down by 11 units.

SFGate
Oct 2008 Ave Price	% of Change	Dollar Difference	Oct 2007 Ave Price
$            570,000.00	19.1%	$         108,870.00	$          678,870.00
$            525,000.00	29.8%	$         156,450.00	$          681,450.00
County	Alameda	County	Alameda
City	Alameda	City	Alameda
ZIP	94501	ZIP	94502
Sales	40	Sales	13
% change in sales	-4.80%	% change in sales	85.70%
Median price	$570,000	Median price	$525,000
% change in median price	-19.10%	% change in median price	-29.80%
High price	$959,000	High price	$1,220,000
Price per square foot	$406	Price per square foot	$453
% change in price per sq ft	-12.40%	% change in price per sq ft	7.00%

 

 

Nov-08
CITY	ZIP	Number of Listings	Average List Price	Average Sale Price
Alameda	94502	10	$671,735.50	$654,100.00
Alameda	94501	22	$608,129.45	$601,419.09
Nov-07
CITY	ZIP	Number of Listings	Average List Price	Average Sale Price
Alameda	94502	11	$765,990.91	$737,909.09
Alameda	94501	33	$657,799.97	$651,909.09
November Year over Year
CITY	ZIP	Number of Listings	Average List Price	Average Sale Price
Alameda	94502	-1	$ (94,255.41)	$ (83,809.09)
Alameda	94501	-11	$ (49,670.52)	$ (50,490.00)

 

Weekly Inventory Report -- Total Alameda Inventory

Data Pulled December 14, 2008 at 12:00 PM

Total Listings: 168

Single Family Residences: 97

Condominiums: 40

Multi-Family: 31

Short Sales: 20

Foreclosures: 11

Price Reductions: 62

Highest List Price: $1,995,000 – 4 Bedroom; 4 Bathroom; 3,876 Square Feet

Lowest List Price: $199,900 – 1 Bedroom; 1 Bathroom; 710 Square Feet; Foreclosure