Alameda County Luxury Homes Spike
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From the first quarter of 2006 to the first quarter of 2007 the number of luxury homes that sold in Alameda County doubled! Alameda County saw 15 homes with a sale price of $2.5 Million or greater purchased in the quarter ended March 31, compared with seven a year ago, and the inventory of homes priced greater than $1.5 Million increased 61.9 percent year over year, from 84 in the first quarter of 2006 to 136 as of March 31.Â
From the first quarter of 2006 to the first quarter of 2007 the number of luxury homes that sold in Alameda County doubled! Alameda County saw 15 homes with a sale price of $2.5 Million or greater purchased in the quarter ended March 31, compared with seven a year ago, and the inventory of homes priced greater than $1.5 Million increased 61.9 percent year over year, from 84 in the first quarter of 2006 to 136 as of March 31.$3.73 Million was the highest home sold last quarter in Alameda County, which was in Oakland.
Looking at the seven county region of Alameda, Contra Costa, Monterey, San Francisco, San Mateo, Santa Clara and Santa Cruz sales of $2.5 Million or higher were up 1.7 percent, from 169 sold in the first quarter of 2006 to 172 sold in the first quarter of 2007. Inventory of homes offered for sale at $1.5 Million or greater rose 6 percent from 899 a year ago to 953 as of March 31.
The highest priced home sale in the seven counties last quarter was $19.5 Million in Palo Alto, followed by $15.8 Million in Pebble Beach.
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Moxley Team serves Pleasanton Home Buyers and Pleasanton Home Sellers. From Dublin Ranch Condos to Dublin Ranch Luxury Homes the Moxley Team of Alain Pinel in Pleasanton provides Home Buying Tools and Home Selling Tips. MoxleyTeam.com provides info from Pleasanton Home Sales to Dublin Ranch Developments, Dublin Ranch News and Foreclosures in Pleasanton and Short Sales in Dublin Ranch.
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