At the current pace, Alameda is looking at a decline of 48-percent in two of its three most productive sales months. The months of August, September and October was Alameda's best sales period in 2009. During that three month span 186 properties were sold. Given that August 2010 had 20 fewer sales than '09 and September is pacing to have the same reduction the final totals for 2010 could be very dismal.
There are some positives in the recent sales both median and average sale price are up over September 2009 and five of the 11 homes that sold went for above the list price. September 2009 median sales prices was $517,000 and the average was $558,335 compared to $589,301 and $571,500 respectively.
September Sales to date:
Sale Date | Address | City | Zip | Type | Beds | Baths | SQ Feet | List Price | Sale Price | % |
01-Sep-10 | 2610 OTIS DR | Alameda | 94501 | SFR | 3 | 1 | 2023 | $325,000 | $350,000 | 107.69% |
02-Sep-10 | 1944 OTIS DR | Alameda | 94501 | SFR | 4 | 2 | 2029 | $649,000 | $657,500 | 101.31% |
02-Sep-10 | 118 PURCELL DR | Alameda | 94502 | SFR | 2 | 2 | 1526 | $659,000 | $655,000 | 99.39% |
03-Sep-10 | 1325 SAINT CHARLES | Alameda | 94501 | SFR | 3 | 2 | 1842 | $724,000 | $704,000 | 97.24% |
03-Sep-10 | 2625 JANIS CIRCLE | Alameda | 94501 | MFR | 0 | 0 | $698,000 | $660,000 | 94.56% | |
07-Sep-10 | 202 CHINABERRY LN | Alameda | 94502 | TNHS | 4 | 2 | 2018 | $516,900 | $515,000 | 99.63% |
08-Sep-10 | 447 SANTA CLARA | Alameda | 94501 | MFR | 0 | 0 | $419,000 | $435,000 | 103.82% | |
09-Sep-10 | 630 TARRYTON ISLE | Alameda | 94501 | SFR | 4 | 2 | 1841 | $699,000 | $710,000 | 101.57% |
09-Sep-10 | 2931 WINDSOR DRIVE | Alameda | 94501 | SFR | 2 | 1 | 1198 | $576,000 | $585,000 | 101.56% |
10-Sep-10 | 2722 BAYVIEW DRIVE | Alameda | 94501 | SFR | 3 | 2 | 1716 | $629,500 | $615,000 | 97.70% |
10-Sep-10 | 1033 TAYLOR AVE | Alameda | 94501 | MFR | 0 | 0 | $499,000 | $400,000 | 80.16% |
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