I spent Sunday riding around Alamo, Ca to see what's happening in the housing market. What I saw during my Alamo home search was nothing less than a market correction still playing itself out. As I'm sure you are aware, 2006 was the last year of the "booming real estate market". Some say the downturn started in 2005. As unemployment (currently 12%), continues to rise in California, even more homes will be put up for sale, most not voluntarily.  Let's compare last months market report (June/17/2009), with the current market data to determine the direction of the market, up or down. Status                                          June                          July Active                                  132                     142 Pending (last 30 days)            14                      ... 07/13/2009

The June 2009 median home price in Alamo CA was $1,460,000 for single family detached homes.* There were 12 home sales of single family detached homes. The highest priced home sold for $2,460,000, the lowest price home sold for $917,000. The average selling price of detached single family homes for June 2009 in Alamo California was $1,424,374 after an average of 87` days on the market. Your Alamo California real estate market update written July 1st, 2009. What did 145 S. Jackson Way in Alamo CA sell for? 145 S. Jackson Way in Alamo sold for $650,000 after 136 days on the market:   What did 300 South Avenue in Alamo CA sell for?  300South Avenue in Alamo sold for $2,460,000 after 134 days on the market: Sales are UP in Alamo, CA! There are currently 28 single family detached homes pendi... 07/03/2009

The May 2009 median home price in Alamo CA was $1,129,000 for single family detached homes.* There were 5 home sales of single family detached homes. The highest priced home sold for $1,425,000, the lowest price home sold for $650,000. The average selling price of detached single family homes for May 2009 in Alamo California was $1,040,800 after an average of 90′ days on the market. Your Alamo California real estate market update written June 1st, 2009. What did 101 Easy Street in Alamo CA sell for? 101 Easy Street in Alamo sold for $650,000 after 71 days on the market:   What did 1015 Via Del Gato in Alamo CA sell for? 1015 Via Del Gato in Alamo sold for $1,425,000 after 51 days on the market:   Sales are UP in Alamo, CA! There are currently 27 single family detached homes pending sale... 06/01/2009

There are some gorgeous upper-end homes on the market in Alamo, CA. I recently did a search on our site, www.empirerealty.com and wanted to showcase a few listings that I think are exceptional values! All homes listed below range in price from $1.3M to over $2M 33 KIMBERLEY PLACE , ALAMO 62 PLEASANT KNOLL CT , ALAMO 2568 ROLLING HILLS CT , ALAMO 430 Livorna Road , ALAMO 100 MYSTIC PL , ALAMO 30 CAMILLE PL , ALAMO GIBSON CT , ALAMO 234 Via Bonita , ALAMO For more information, please contact us today!   05/16/2009

The April 2009 median home price in Alamo CA was $1,015,000 for single family detached homes.* There were 7 home sales of single family detached homes. The highest priced home sold for $2,400,000, the lowest price home sold for $550,000. The average selling price of detached single family homes for April 2009 in Alamo California was $1,174,571 after an average of 10` days on the market. Your Alamo California real estate market update written May 1st, 2009. Details on the listing at 1478 Sunnybrook Road in Alamo that sold for $550,000 after 190 days on the market: Details on the listing at 950 Forest Lane in Alamo that sold for $2,400,000 after 110 days on the market:   There are currently 16 single family detached homes pending sale or under contingency contract. The pending home prices... 05/01/2009

Please join us for the  Roundhill Open House Extravaganza this weekend. Empire Realty Associates Realtor, M.J. St. Jean  spearheaded this idea, trying to think outside the box in collaboration with listing agents from other brokerages to bring some exposure to this great part of Alamo in the surrounding area of Roundhill Country Club. The CC&R’s don’t allow any realtors signs and it makes it difficult to find some homes on tour days. We are offering a 150.00 Nordstrom gift card as a part of a raffle to those who view all ten listings on tour this Sunday! This will be a fabulous opportunity to see 10 beautiful homes for free and win a chance to have a great shopping spree at Nordstom! For a complete list of homes open, please contact M.J. St. Jean. (Sunday 4/26: Open 1-4 The Roundhill ar... 04/23/2009

While checking on the housing market conditions in Alamo, CA I used Google base to search for "Alamo foreclosures and REO properties", there were 20 listed. I used realty.trac and found 17, which is correct? Not sure but the numbers below still paint a bleak picture for this upscale community of Alamo. 17 Bank owned 43 in Default (pre-foreclosure) 6 Trustee Sale properties in Auction. From the MLS: 132 active listings. (That's the most I've seen in over 10 years.) 14 Pending Sales (Just 10 went pending in the last 30 days) 132 divided by 10= 13.2 months of inventory. With 13.2 months of inventory I would say it's definatly a BUYER'S market. I thought we would be on our way out of this mess by now but I'm not sure anymore when that will happen. So if you have a home for sale, or thinking... 04/22/2009

The March 2009 median home price in Alamo CA was $1,125,000 for single family detached homes.* There were 5 home sales of single family detached homes, yet this report is limited to 4 home sales (By request of the seller, the sales price 116 Pheasant Court was withheld from the MLS). The highest priced home sold for $3,100,000, the lowest price home sold for $975,000. The average selling price of detached single family homes for March 2009 in Alamo California was $1,581,250 after an average of 170 days on the market. Your Alamo California real estate market update written April 1st, 2009. Details on the listing at 20 Kemline Court in Alamo that sold for $975,000 after 49 days on the market: 20 Kemline Court in Alamo sold for $975, Details on the listing at 240 Miranda Place in Alamo tha... 04/01/2009

So... How is the Alamo CA housing market doing today? With all the talk about the big increases in housing sales here in California you might assume everything was great, right? Well in Alamo and the surrounding communites of Danville, Blackhawk, San Ramon and Walnut Creek you would be wrong. The Alamo, CA community has not seen a single family detached home priced below $600,000 since way back in 1996/97. I was doing my Alamo Home Search this weekend and found a home priced at $625,000, granted it was very close to the freeway and on a busy road but still, it's a detached home with a 1/2 acre lot. It is not a fixer and had many fine upgrades. When and if an offer is presented on this house you can be pretty sure it will be closer to $600,000, less than the asking price. There are 116 h... 03/30/2009

The February 2009 median home price in Alamo CA was $1,120,000 for single family detached homes.* There were 4 home sales of single family detached homes, the highest priced home sold for $1,245,000, the lowest price home sold for $575,000. The average selling price of detached single family homes for February 2009 in Alamo California was $1,015,000 after an average of 188 days on the market. Your Alamo California real estate market update written March 1st, 2009.       Details on the listing at 1496 Pine Tree Lane in Alamo that sold for $575,000 after 96 days on the market:   Details on the listing at 623 Oakshire Place in Alamo that sold for $1,240,000 after 172 days on the market:   There are currently 12 single family detached homes pending sale or under contingency contract. The pe... 03/01/2009

The December 2008 median home price in Alamo CA was $1,300,000 for single family detached homes.* There were 5 home sales of single family detached homes, the highest priced home sold for $2,100,000, the lowest price home sold for $1,175,000. The average selling price of detached single family homes for December 2008 in Alamo California was $1,537,000 after an average of 60 days on the market. Your Alamo California real estate market update written January 1, 2009. Details on the listing at 40 Kensington Ct in Alamo (REO/Bank-Owned Property) that sold for $1,175,000 after 1 day on the market:   Details on the listing at 224 Hawk Ct in Alamo that sold for $2,100,000 after 36 days on the market: There are currently 13 single family detached homes pending sale or under contingency contract... 01/01/2009

The November 2008 median home price in Alamo CA was $1,300,000 for single family detached homes.* There were 7 home sales of single family detached homes, the highest priced home sold for $4,400,000, the lowest price home sold for $1,000,000. The average selling price of detached single family homes for November 2008 in Alamo California was $1,719,912 after an average of 136 days on the market. Your Alamo California real estate market update written December 4th, 2008. Details on the listing at 360 David Drive in Alamo that sold for $1,000,000 after 101 days on the market:   Details on the listing at 25 Camino Monte Sol in Alamo that sold for $4,400,000 after 182 days on the market:   There are currently 12 single family detached homes pending sale or under contingency contract. The pen... 12/04/2008

I ran into one of my past clients at the Alamo hardware store this weekend. He wanted to know how the housing market was doing in Alamo as he was thinking of selling his San Ramon home and buying a home in Alamo. I represented him when he purchased the San Ramon home back in 2003. He would like to move to Alamo if he can find a home and purchase it at a good price. His only concern was his San Ramon home might not get top dollar. What he didn't understand is if his current home sells for less than he thinks it's worth, any home he finds for sale in Alamo will also be selling for less than that seller thinks it's worth. My suggesting, let's perform an Alamo home search and see what's out there that meets his needs. If we can find homes in Alamo that work we could then list his San Ramon ... 11/17/2008

Home sales activity is UP in Alamo CA! The October 2008 median home price in Alamo CA was $1,303,770 for single family detached homes.* There were 12 home sales of single family detached homes, the highest priced home sold for $3,800,000, the lowest price home sold for $1,010,000. The average selling price of detached single family homes for October 2008 in Alamo California was $1,528,024 after an average of 90 days on the market. Your Alamo California real estate market update written November 1, 2008. Details on the listing at 239 Michelle Lane in Alamo that sold for $3,800,000 after 80 days on the market. There are currently 10 single family detached homes pending sale or under contingency contract. The pending home prices range from $595,000 to $2,495,000, with an average asking pri... 11/01/2008

Home sales activity is UP in Alamo CA! The September 2008 median home price in Alamo CA was $1,140,000 for single family detached homes.* There were 11 home sales of single family detached homes, the highest priced home sold for $2,850,000, the lowest price home sold for $850,000. The average selling price of detached single family homes for September 2008 in Alamo California was $1,629,909 after an average of 48 days on the market. Your Alamo California real estate market update written October 1, 2008. Details on the listing at 299 Las Quebradas in Alamo that sold for $2,8500,000 after 65 days on the market.   There are currently 19 single family detached homes pending sale or under contingency contract. The pending home prices range from $730,000 to $3,988,888, with an average asking... 10/01/2008

Congratulations to our very own Alisa Corstorphine of Alamo Today and Lafayette Today! Alisa was named "Alamo Citizen of the Year" at Alamo Rotary's annual Music and Wine Festival. Nominations are solicited from the community at large. A Blue Ribbon Committee including past recipients of the honor chooses the recipient.  Alisa was also announced as the First Annual Alamo Women's Club Woman of the Year. Aisa has been a pillar in our community.  I personally want to thank Alisa for all the support for the Alamo Chamber of Commerce (formerly AMPA). Alan 'AJ' NisenMortgage Loan OfficerLafayette Chamber of Commerce Board MemberOrinda Chamber of Commerce Board MemberAlamo Chamber of Commerce VPAJ's Email   AJ's ActiveRain Blog AJ on Twitter 10/01/2008

Spent some time driving around Alamo, CA looking at homes that just came on the market. Whenever I do an Alamo home search I always find something interesting. A little research provided some information about the current market conditions in the town of Alamo California. In a community of around 13,000 people there are 145 homes for sale. This is a lot of inventory for Alamo which usually falls between 40 and 80 listings.  Is the market turning? I don't see it here in Alamo. There were a lot of short sales listings. The current market value of active listing; high price = $8,498,000 low price = $545,950 average price = $2,065,726 median price = $1,649,000 There are 16 listings that are currently pending. Since July 1st of this year 17 listings have sold. With a low number of 17 homes s... 09/15/2008

Home sales activity is UP in Alamo CA! The August 2008 median home price in Alamo CA was $1,424,000 for single family detached homes. There were 7 home sales of single family detached homes, the highest priced home sold for $1,900,000, the lowest price home sold for $990,000. The average selling price of detached single family homes for August 2008 in Alamo California was $1,409,142. Your Alamo California real estate market update written September 1, 2008.*       Details on the listing at 1 Wing Set in Alamo that sold for $1,900,000 after 13 days on the market.   There are currently 22 single family detached homes pending sale or under contingency contract. The pending home prices range from $800,000 to $3,595,000, with an average asking price of 1,549,700.  To request a copy of future... 09/01/2008

Please welcome Diana Eselin to Active Rain. She just joined today and her company can possibly help your productivity of buyers by going onto her website www.go-reo.com and they will advertise your listings and anyone who calls on your listings they will get prequalified by her or her associates and send you the lead. I think this is a great way to get more business. Check out her profile and give her a warm welcome please by CLICKING HERE 08/27/2008

The 26th Annual  Alamo Wine and Music Festival, hosted by the Alamo Rotary, is a community celebration benefiting the Alamo community and our schools' music programs while providing a variety of activities for the entire family.  It has come to be known as the Alamo Block Party.  This 26th annual Alamo Rotary event will be held 2-11 pm Saturday, September 6th at the Alamo Plaza. Headlining this event will be the "Fabulous Cruise Tones", who will feature music from the late '50s up to the hits of today for dancing under the stars beginning at 8:00 pm.  Aja-Vu, a popular light rock band will also play.   In addition, school music groups will perform starting at 2:00PM. The Alamo Elementary School Choir, the San Ramon High School Band, the Monte Vista High School Band and the Jazz Band fro... 08/25/2008