January Real Estate Update

Now is a good time to set some realistic real estate goals for the weeks and months ahead. Home resale inventories increased slightly, with a 3 percent increase.

As for Alamo, the median sale price went up year on year by 17% from $436,000 to $510,000.
Sold properties were down year over year by 24% from 140 to 106.
Properties under contract went up year over year by 22% from 76 to 93.
New properties went up year over year by 8% from 62 to 67.
For sale properties also went up year over year by 8% from 199 to 214.
Expired properties went up by 53% from 19 to 29.
The average days on the market went down by 8% from 31 to 29.