Tuesday, January 24, 2017

Appreciation rates for Alameda over the years

At our weekly office meeting our broker had a chart that showed the appreciation rate for 2016 for the city of Alameda. I wanted to see what it looked like for the last 5 years. We had a large jump from 2012 to 2013 from 7% to 22% but then it settled back down again, and in 2016 it was 8%. What was very enlightening was looking at the total rate of appreciation of real estate after 5 years equaled 55%. These statistics incorporate all property types, single family homes, condos and town homes but do not include income property.

Tuesday, January 3, 2017

Snapshot of Alameda market for 2016

Snapshot of Alameda sold properties for 2016. 485 Properties sold in Alameda in 2016. The median price of a single family home now stands at $869k

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