High End Market Review: Alamo, Blackhawk, Danville | May 23, 2008 | Danville Express | DanvilleSanRamon.com |


Danville Express

Real Estate - May 23, 2008

High End Market Review: Alamo, Blackhawk, Danville

Although High End Home sales have cooled a bit in the area, properties priced at $2 million and above continue to sell. As of this writing there are 50 Alamo High End homes listed as active, sold or pending. Forty-two homes are listed as active with an average list price of $3,072,795. These properties average 90 days on market and are listed at a square foot price of $573. Two properties are pending with an average square foot price of $523 and 84 days on market. Six Alamo High End properties have sold from Jan. 1-April 30, 2008. Average sold price is $2,423,333 and average square foot price is $505. On average they sold in 64 days with one property, Nancy's and my own listing, selling in one day at $540 per square foot, which is the highest price paid year to date for an Alamo High End Home.

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