Monday, June 8, 2009

Alameda Inventory, Sale and Listing

Lots of numbers for you today. I am trying out a new format, along with the Inventory numbers for the week, I am also including sales and listing data. I hope that it is not overload, but I would like to get all of the numbers out of the way one day a week.

Inventory declined this week but remained with in the range of 160. The 94501 had a decline of 12 units from the prior week; the 94502 posted an increase of six units. The biggest decline in the numbers, I track, was the homes with price reductions which saw 11 fewer units on the market.

Last week's low listing of $169,900 went off the market, I was unable to see if it Sold, it may not have posted as of yet. The new low is a $199,000 one bedroom, one bathroom, Condo at "The Shores." It is the only property under $200K currently listed, the next lowest property is $270,000.

The high listing continues to be a 16-unit apartment building on Santa Clara that is asking a cool $2.3 Million. The highest priced single family house for sale is 7 Castlebar Place. This four bedroom, five bathroom three level home is listed at $1,899,000. This three level promontory home has over 1000 square feet of den and master suite. It also has a deck with panoramic views of Bay Bridge and San Francisco. By the way you also get an elevator.

The Island saw 17 new listings for the week. Eleven of the listings are single family home, and five are condos.

The first three sales of the month were squarely in the sweet spot for sales. All three were close to both May's average and median home sale prices of $560,000 and $579,900.

Link to Charts

http://spreadsheets.google.com/pub?key=rHT_qAKPiodUiqr2YOnh45Q&output=html


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Inventory

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6/7/2009

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Total 162

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94501 123

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94502 39

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SFR 95

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Condo 40

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Multi-Family 25

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Short Sale 14

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Foreclosure 12

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Price Reductions 55

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High List $2345000

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Low List $199000

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Sales June 1-7

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Sales Date Address Type Beds Baths Sq Feet List Price Sale Price

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6/2/2009 14 REDONDO CT CONDO 2 3 1631 $540000 $510000

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6/3/2009 1025 ISLAND DRIVE SFR 4 2 1720 $533610 $585000

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6/5/2009 248 CHESWICK COURT SFR 3 2 1891 $624900 $625000

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New Listings

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List Date List Price Address zip Beds Baths Sq Feet Type

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6/1/2009 $575000 2110 EAGLE AVE 94501 5 1 1880 SFR

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6/1/2009 $675000 2937 LINCOLN AVE 94501 2 1 1218 SFR

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6/1/2009 $448000 757 EAGLE AVE 94501 2 1 815 SFR

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6/1/2009 $419000 933 SHORELINE DR #305 94501 2 2 1360 CONDO

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6/1/2009 $899000 117 HUDSON BAY 94502 4 3 2476 SFR

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6/1/2009 $995000 108 ANDERSON RD 94502 4 3 2659 SFR

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6/2/2009 $599000 2032 CLINTON AVE 94501 0 0 MFR

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6/2/2009 $318000 1713 THIRD STREET 94501 3 1 970 CONDO

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6/3/2009 $749000 2523 OTIS DR 94501 3 2 2299 SFR

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6/4/2009 $979000 617 DUBLIN WAY 94502 5 3 2569 SFR

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6/4/2009 $449000 1115 VIA ALAMOSA 94502 3 2 1584 CONDO

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6/4/2009 $425000 3414 REDHOOK LN 94502 3 2 1664 CONDO

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6/5/2009 $640000 899 BROADWAY 94501 3 2 1556 SFR

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6/5/2009 $525000 2908 MADISON ST 94501 3 1 1210 SFR

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6/5/2009 $639000 3513 MCSHERRY WAY 94502 3 2 1646 SFR

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6/6/2009 $400000 1819 UNION ST 94501 2 1 997 SFR

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6/6/2009 $739900 2770 SEA VIEW PKWY 94502 4 2 2182 CONDO

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