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|
|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|
|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.
IRINA NETCHAEV & ASSOCIATES
Pasadena Real Estate Agents
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