Alameda, Albany, Emeryville: Inventory and Some Sales
A quick review of sales in Alameda, Albany and Emeryville reveal that sales are down from the same period last year in Alameda and Emeryville (no surprise of course) but that Albany appears to be holding steady as there were 25 sales recorded this past January through March 2008 compared to 28 sales recorded this same time last year. Median prices per square foot range from $420 to $468 across the three cities and days on market are within 10 days of each other with the median ranging from 55 to 66.
Alameda inventory: 229 homes for sale; 155 SFRs and 74 condos/townhomes. Median price per square foot is $420. Median DOM is 55. Number of Sales fromJan-March 2008 is 71; compare this to 151 sales this same period and 176 sales in Jan-March 2003.
Emeryville: There are 75 properties for sale: 3 SFRs and 72 condos/townhomes. The median price per square foot is $468 and the median DOM is 66. Recorded sales from Jan-March 2008 are 25. A year ago there were 84 sales this same period and in Jan-March 2003 there were 74.
Albany lists 42 homes on market: 16 SFRs and 26 Condos/townhomes. The median price per square foot is $453 with median DOM at 62. Jan-March 2008 sales saw 25 properties sold. A year ago this time there were 28; compare this to Jan-March 2003 when there were 31 sales.
Below are a list of the most recently recorded sales listed in SFGate.
Alameda
106 Galway Bay $739,000 3bd/3ba 2083 SF
420 Lincoln Ave. $475,000 2bd 850 SF
111 Shepardson Lane #7 $620,000 3bd 1701 SF
Albany
555 Pierce St. #1433 $390,000 2bd 1113 SF
Emeryville
1301 65th St. $515,000 2bd 1104 SF
8 Admiral Dr. #A323 $452,000 1bd 666 SF
1500 Park Ave. #118 $230,000 1149 SF