November 2010 
There are 1 blog entries for November 2010.
Real Estate Market Report for Alameda County
Wednesday, November 17th, 2010 at 11:01am. 817 Views, 1 Comments.
Despite a slowdown in home sales following the expiration of federal tax incentives, a declining inventory of entry-level and bank-owned homes andmultiple offers on many properties helped propel home prices higher on an annualized basis in Alameda County during the third quarter, according to a report by the research division of Better Homes and Gardens Mason-McDuffie Real Estate based on an analysis of MLS data.
Countywide, 2,343 existing, single-family detached homes changed hands in the third quarter, a 17 percent drop from the second quarter and 25 percent below the 3,110 homes sold in the third quarter of last year. Ironically, homes sold at an extremely rapid pace. The average number of days on the market before sale fell to only 38 days for the…
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