It was an interesting month for Alhambra‘s real estate activity. Sales of single family homes declined a bit from June to only 14 homes sold. Condos and townhomes on the other hand had a significant increase – twice as many condos and townhome sold in July vs. June – but at a lower price per square foot. However, the number of inventory has increased for both homes, condos and townhomes.
The highest priced home sold in Alhambra in July 2009: 819 North Olive Avenue, Alhambra – sold for $576,000.
- Single Family homes in Alhambra have sold at 98.72% of list price.
The highest priced condo/townhome sold in Alhambra in July 2009: 208 Palmetto Drive #E, Alhambra – sold for $498,000.
- Condos and townhomes have sold at 100.80% of list price.
Alhambra Real Estate Activity for April 2009 through July 2009:
| Single Family Residence | Apr-09 | May-09 | Jun-09 | Jul-09 |
| New Listings | 13 | 16 | 20 | 25 |
| Total Listings | 40 | 41 | 46 | 59 |
| Sales Pending | 19 | 17 | 25 | 21 |
| Homes Sold | 31 | 18 | 16 | 14 |
| Listings Expired | 4 | 15 | 5 | 3 |
| Average Days on the Market | 165 | 54 | 50 | 51 |
| Average Price Per Sq. Ft. | $323 | $332 | $347 | $352 |
| Median Selling Price | $455,700 | $525,000 | $475,000 | $475,968 |
| Average Selling Price | $496,029 | $572,278 | $470,813 | $482,781 |
| Absorption Rate (# of weeks to sell current inventory at present rate of sales) | 5.6 | 9.9 | 12.5 | 18.3 |
| Condos and Townhomes | Apr-09 | May-09 | Jun-09 | Jul-09 |
| New Listings | 9 | 11 | 10 | 24 |
| Total Listings | 32 | 41 | 36 | 45 |
| Sales Pending | 7 | 15 | 18 | 13 |
| Homes Sold | 10 | 7 | 8 | 16 |
| Listings Expired | 6 | 1 | 7 | 6 |
| Average Days on the Market | 115 | 105 | 77 | 45 |
| Average Price Per Sq. Ft. | $263 | $286 | $282 | $270 |
| Median Selling Price | $336,250 | $400,000 | $366,500 | $391,500 |
| Average Selling Price | $342,440 | $402,686 | $361,000 | $362,000 |
| Absorption Rate (# of weeks to sell current inventory at present rate of sales) | 13.9 | 25.4 | 19.5 | 12.2 |
Interested in seeing what is available for sale in Alhambra? Take a look below at all available homes on the real estate market:
To see specifics on any of these homes, please visit Alhambra homes for sale.
You can find all Alhambra foreclosures for sale here.
READ MORE:
Pasadena Foreclosure Home List
South Pasadena Foreclosure Home List
Pasadena Income Property for Sale
IRINA NETCHAEV & ASSOCIATES
Pasadena Real Estate Agents
Pasadena, CA
