Alameda Open Home list for weekend of Mar 1st & 2nd

1906 Lafayette	$649,000	Saturday and Sunday	2-4:30pm
3538 Magnolia Drive	$485,000	Sunday	2-4:00pm
2061 Alameda Ave.	$499,000	Sunday	2-4:00pm
421 Kitty Hawk Rd.	$499,000	Sunday	2-4:00pm
43 Shepardson Ln.	$595,000	Sunday	2-4:00pm
423 Mcdonnel Rd	$619,000	Sunday	2-4:00pm
1915 Schiller St.	$620,000	Sunday	2-4:30pm
27 Eclipse Court	$630,000	Sunday	2-4:00pm
1025 Pearl St.	$639,000	Saturday and Sunday	2-4:30pm
1421 Versailles Ave.	$649,000	Sunday	2-4:30pm
19097 Carlton Ave.	$688,888	Saturday and Sunday	1:30-4:30pm
1170 Broadway	$749,000	Saturday and Sunday	2-4:30pm
152 Stanbridge Lane	$799,000	Sunday	2-4:00pm
1098 Versailles Ave.	$839,000	Saturday and Sunday	2-4:00pm
2122 Alameda Ave.	$1,149,000	Saturday and Sunday	2-4:30pm

Alameda Open Home List Feb 22nd & 23rd

Homes open this weekend in Alameda

1716 Walnut St.             $485,000    Sunday2-4:00pm
452 Taylor Ave.            $599,000    Saturday and Sunday2-4:30pm
423 McDonnel Rd.        $619,000    Sunday 2-4:00pm
1915 Schiller St.            $620,000   Sunday2-4:30pm
27 Eclipse Court            $630,000   Sunday2-4:00pm
1612 Saint Charles St.   $649,000   Saturday and Sunday2-4:30pm
221 Channing Way       $698,000   Sunday2-4:00pm
300 Laguna Vista          $739,000   Saturday and Sunday2-4:30pm
1170 Broadway             $749,000   Sunday2-4:30pm

Average salary to buy a home in this region

This article says the average price of a home in San Francisco is $682,410 however I think that within the city limits it is higher. My analysis of the market for Alameda shows the median home price rose from $570,000 in 2012 to $716,000 in 2013. So that puts our median home price above the average home price in this piece published in the businessinsider. Regardless that means the number are higher for an average priced home in Alameda than San Francisco. Which I don't think is accurate because they may be taking data from a larger area that may have some lower priced homes included. This article is about what it takes to buy a home in the top 25 metro areas of the U.S. 

SAN FRANCISCO :You'd have to earn at least $115,510 to buy an average home.
Average home price: $682,410
Monthly mortgage payment: $2,695.23
Minimum annual salary: $115,510.06

Read more: http://www.businessinsider.com/salary-needed-to-buy-a-home-in-25-cities-2014-2?op=1#ixzz2ttnfovwi

There methodology
http://www.hsh.com/finance/mortgage/salary-home-buying-25-cities.html

Alameda Open HOmes Feb 1st & 2nd

2709 Central Ave H	$385,000	Saturday	2-4:00pm
1125 Bismark Ln	$525,000	Sunday	2-4:00pm
2221 Buena Vista Ave	$549,000	Saturday	2-4:00pm
2221 Buena Vista Ave	$549,000	Sunday	1-3:00pm
1209 Post Street	$599,000	Saturday and Sunday	2-4:00pm
2152 San Jose Ave	$599,000	Sunday	2-4:30pm
717 Baywood Rd	$629,000	Sunday	1-3:00pm
3261 Adams St	$649,000	Sunday	2-4:00pm
3282 Madison St	$674,000	Saturday and Sunday	2-4:00pm
27 Courageous Ct	$675,000	Sunday	2-4:00pm
1700 Cornell Dr	$749,000	Saturday and Sunday	2-4:30pm
107 Montego Bay	$859,000	Sunday	2-4:00pm
1034 Fair Oaks Ave	$1,195,000	Sunday	2-4:30pm

2012 - 2013 Alameda market comparison

Below is a snapshot comparing the Alameda real estate market from 2012 to 2013 

562 properties sold in 2013 compared to 560 properties in 2012. 

Whats amazing is the percentage increase in median price of homes even from last year.

The press has been reporting on prices rising, cash offers and all the frenzy around multiple

offers for the last year. I wanted to find out what where the numbers from my MLS came in

for the market specific to Alameda.

Median price means that half sold above and half below this price point.

Median sale price for a single family home in 2013 was $716,000

in 2012 it was $570,000 and increase of 20%
Prices are continuing to rise in large part because of the low inventory and low interest rates

for home mortgages. Of course prices cannot continue to rise indefinitely so as the year progresses

we will see how the price appreciation continues. If interest rates go up this would have an effect

on prices as well.

All information is derived from EBRD MLS data.

Alameda, alameda home sales, alameda real estate, alameda market statistics.

Alameda Open Homes Jan 25th & 26th

If you have any questions about any of the homes or can't make an open house please
give me a call so that we can set up a viewing.

1712 2nd Street	$229,000	Sunday	2-4:00pm
415 Maitland	$495,000	Sunday	2-4:00pm
122 Shepardson Ln	$499,000	Saturday and Sunday	2-4:00pm
1125 Bismark Ln	$525,000	Saturday and Sunday	2-4:00pm
3233 1/2 Briggs Ave	$595,000	Sunday	2-4:00pm
913 Independence Dr	$599,000	Sunday	2-4:30pm
1209 Post St	$599,000	Saturday and Sunday	2-4:00pm
1361 Court St	$749,000	Sunday	2-4:30pm
1700 Cornell Dr	$749,000	Sunday	2-4:30pm
593 Terryton Isle	$749,000	Sunday	2-4:00pm
1035 San Antonio Ave	$759,000	Saturday and Sunday	2-4:00pm
749 Limerick Ave	$839,000	Sunday	2-4:30pm
1009 Lincoln Ave	$849,000	Sunday	2-4:00pm
142 Purcell Dr	$859,000	Sunday	2-4:00pm
9 Palm Beach ln	$925,000	Sunday	1-4:00pm
2905 Sea View Pkwy	$1,380,000	Sunday	1-4:00pm

Really? Data Shows Selling a Home in Winter Pays Off

While we are enjoying some unusually warm weather here in Northern California there is still a persistent myth that selling a home during this time is not as good as spring or summer. I recently read this article that calls attention to data and some insights that challenge this assumption.

READ FULL ARTICLE HERE