Real estate activity is picking up in Alhambra. The number of home sellers has increased this month, but the number of buyers making offers and opening escrow is at it's highest at 25 in June. Alhambra homes are also selling pretty close to their asking price at 99.6% sold to list price.
The home buyers that I have been working with who are looking for Alhambra homes have experienced multiple offers and have to be fully prepared to act on homes they like otherwise they go into escrow fairly quickly.
Here are the Alhambra real estate statistics for your review for the months of April to June 2009:
|Single Family Residence||Apr-09||May-09||Jun-09|
|Average Days on the Market||165||54||50|
|Average Price Per Sq. Ft.||$323||$332||$347|
|Median Selling Price||$455,700||$525,000||$475,000|
|Average Selling Price||$496,029||$572,278||$470,813|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||5.6||9.9||12.5|
|Condos and Townhomes||Apr-09||May-09||Jun-09|
|Average Days on the Market||115||105||77|
|Average Price Per Sq. Ft.||$263||$286||$282|
|Median Selling Price||$336,250||$400,000||$366,500|
|Average Selling Price||$342,440||$402,686||$361,000|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||13.9||25.4||19.5|
Take a look below at available homes on the 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