The first time I came to visit Alameda CA
was in 1976. I loved it then, and hoped to come back. I finally made it (after living in New York, New Jersey, Florida, Texas, other cities in CA) in 2002, and haven't left. I truly love it here. Easy commute to San Francisco Â via ferry, express bus, or drive over the Bay Bridge.
From time to time, I blog about my island city --- like the excellent reasons why it's a great place to live.
The funny thing is, folks in the San Francisco area aren't all that familiar with this island city. When I tell them I live in Alameda, they ask "Ala-what? Ala-where?" Â Some folks' introduction to Alameda seem to be during the Star Trek movie "The Voyage Home"
Â when our Star Trek crew had to go to Alameda Naval Station (which closed in 1997).
What people should remember is that it is a small town, with approxiately 75,000 residents. Homeowners constitute 51% while renters are 49% of the population
. That's somewhat encouraging, because when I lived in San Francisco, renters were 75% of the population, due largely to the homes priced beyond our reach.Homes for sale
At the time of this writing, January 24, 2014, the inventory of homes is quite low, with only 25 homes for sale, ranging from a 1 bedroom/1 bath co-op listed at $229,000 to a 4075 sq ft, 8 bedrooms/4 baths home listed at $2,499,000.Â Pending
There are 41 homes that have accepted offers of which 9 are short sales subject to lender approval. Yes, we still have short sales, but they have dwindled to 21% of the market. The lowest priced is $120,000 for a jr 1-bedroom condo, to a high of $3,300,000 for a 6,631 home with 5 bedrooms and 4 baths.Sold in 2013
There were 562 homes that closed escrow in 2013
Lowest sale: $82,500 for a short sale condo that sold in February.
Highest sale: $1,700,000 for a 4 bedroom/4.5 bath home with 3461 sq ft, with expansive bay views. This was on the market for 0 days --- yes, zero. It listed and sold the same day in September 2013.
340 single family homes
Like most bay area real estate markets, we have a very robust market in Alameda where strategically priced homes attract multiple offers. Â Year 2014 is starting off with a bang...with so few homes for sale, buyers are scrambling to win the bids in an effort to call themselves Alameda homeowners.