Tuesday, September 1, 2009

Hot August for Alameda Home Sales

Some good new for Alameda home sales, August has shaped up to be the highest volume in sales for 2009. It is the most property that has sold since October of 2008 and is a nice closeout to the Summer selling season.

Although the final numbers will not be in until later next week, the 46 sales for the month is just two shy of the sales in August of 2008. So if the there are last minute sales recorded to the MLS then we could match or exceed last year.

Sales Chart 8_09
Link to Larger Graph

Even though the Summer end on a strong note, the traditional home selling season, was down 19 percent year-over-year for the same period.

The median home sale price for August fell to a five month low and the average price was a three month low. The median home price for the month was $505,500 and the average was $554,496.

The year is pacing 18 percent behind 2008 where 311 properties changed hands from January to August compared to 255 this year. I expect that sales will follow the seasonal pattern and fall as we head towards the end of the year, how big a drop will shape how poorly we finish 2009.

August Sales -- Link to Chart

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

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8/4/2009 2921 MARINA DRIVE SFR 3 2 2064 $870,000 $800,000

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8/4/2009 1020 FONTANA DR CONDO 3 2 1609 $449,500 $425,000

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8/4/2009 1333 WEBSTER ST #A100 CONDO 2 1 843 $245,000 $245,000

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8/5/2009 6 BROWER CT SFR 4 2 2171 $699,000 $665,000

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8/6/2009 2101 SHORELINE DR #473 CONDO 2 2 1115 $380,000 $380,000

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8/6/2009 1033 VERDEMAR DR CONDO 2 1 1180 $320,000 $334,500

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8/7/2009 218 BRUSH STREET #D CONDO 2 1 797 $260,000 $250,000

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8/7/2009 1913 PARU ST SFR 4 2 2078 $669,000 $659,000

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8/7/2009 1524 BAY ST MFR 0 0 $589,900 $580,000

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8/10/2009 410 NEPTUNE GARDEN SFR 4 3 3149 $898,800 $825,000

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8/10/2009 1918 CHESTNUT ST SFR 3 2 1022 $338,500 $342,000

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8/11/2009 1305 WEBSTER ST. #C311 CONDO 2 1 843 $270,000 $271,000

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8/11/2009 617 DUBLIN WAY SFR 5 3 2569 $939,000 $900,000

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8/11/2009 339 BROADWAY #217 CONDO 2 2 994 $314,000 $314,000

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8/12/2009 135 PURCELL DR CONDO 3 2 2370 $659,000 $645,000

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8/12/2009 2776 SEA VIEW PKWY CONDO 2 2 1577 $625,000 $615,000

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8/12/2009 3 NAKAYAMA CT SFR 5 3 2969 $1,200,000 $1,168,888

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8/12/2009 2269 -2271 PACIFIC AVE MFR 0 0 $635,000 $480,000

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8/13/2009 1076 PARK AVENUE MFR 0 0 $397,980 $410,000

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8/14/2009 2831 SEA VIEW PKWY SFR 4 3 2483 $1,095,000 $1,028,000

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8/14/2009 409 LINCOLN AVENUE SFR 2 1 1004 $499,000 $531,000

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8/14/2009 933 SHORELINE DR #305 CONDO 2 2 1360 $419,000 $419,000

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8/14/2009 560 TARRYTON ISLE SFR 4 3 2211 $699,000 $685,000

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8/14/2009 2106 OTIS DR #C CONDO 2 1 1078 $295,000 $250,000

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8/17/2009 354 TIDEWAY DR CONDO 3 2 1547 $675,000 $675,000

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8/17/2009 1808 WALNUT ST SFR 2 1 1594 $389,000 $425,000

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8/19/2009 1127 BROADWAY SFR 2 1 1300 $402,000 $450,000

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8/19/2009 1825 SHORELINE DRIVE #305 CONDO 3 2 1185 $357,000 $378,500

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8/19/2009 1256 BROADWAY SFR 3 1 1327 $449,000 $440,000

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8/19/2009 1724 PEARL STREET SFR 2 1 1316 $395,000 $453,500

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8/20/2009 2218 CORAL SEA ST SFR 4 2 2925 $869,880 $780,000

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8/20/2009 425 HAIGHT AVE SFR 3 1 1133 $450,000 $480,000

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8/20/2009 1233 BROADWAY #A CONDO 3 2 1268 $388,000 $380,000

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8/21/2009 1713 THIRD STREET CONDO 3 1 970 $318,000 $318,000

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8/21/2009 212 MCDONNEL RD SFR 3 2 1458 $699,000 $681,450

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8/21/2009 1514 FOUNTAIN ST. SFR 3 2 2175 $815,000 $837,000

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8/21/2009 3106 CENTRAL AVE SFR 2 1 2237 $650,000 $650,000

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8/21/2009 541 KINGS RD CONDO 3 2 1946 $599,000 $579,000

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8/26/2009 2025 OTIS DRIVE #D CONDO 2 2 1129 $314,275 $293,000

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8/27/2009 1509 SANTA CLARA SFR 3 1 2512 $499,000 $473,000

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8/27/2009 562 LINCOLN AVENUE SFR 2 1 803 $430,000 $410,000

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8/28/2009 449 INDIAN BAY SFR 3 2 1691 $599,000 $650,000

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8/28/2009 1611 SAN ANTONIO AVE SFR 4 1 2148 $938,000 $900,000

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8/28/2009 505 HOLLY OAK LN CONDO 3 2 1707 $549,000 $536,000

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8/28/2009 1126 UNION ST SFR 5 2 2386 $799,000 $790,000

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8/28/2009 3010 FERNSIDE BOULEVARD SFR 2 2 1947 $698,000 $705,000

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