There were 68 single family homes sold in Santa Clara in May of 2017. The highest priced sale was $2,450,000 and lowest price home sold was $820,000. Average days on market were 10.7 and median days were 8. The average price of a home in Santa Clara is now $1,298,211 with an average price per […]
Santa Clara Real Estate Market Slow Down
An interesting phenomenon has occurred in the Santa Clara real estate market. Inventory of homes has dropped and the days on market for homes has increased. An indication that the market has slowed down on both ends, buying and selling. While this may be a trend that we are experiencing in Santa Clara county as […]
March Market: Single Family Homes Sales in Santa Clara
March was yet another busy month in Santa Clara real estate. 87 homes came on the market in March, 46 homes closed and the days on market averaged around 34 days. Sellers should have been content with performance since on average 100.23% of the home list price was achieved, another indicator that values are increasing. […]
Santa Clara Home Inventory May 2009
A quick look at Santa Clara home inventory numbers shows an encouraging sign. Homes sales are up this year especially in the last month. Buyers have come out with a buying attitude and are making offers. Inventory is down 40% from last year’s levels and that is a big increase. Although the headlines are showing […]
Santa Clara Home Inventory Review
Santa Clara continues to have a high level of homes sales weekly and inventory has fallen this year from a 200 home high to a current level of 150 homes on the market, a 40% decrease over last year’s inventory levels for Santa Clara.
Santa Clara Home Inventory: Getting Higher
They key to spotting a market bottom is by following the home inventory levels of a specific market. Once the inventory of homes reaches a top and starts to decline that means the buyers are beginning to overtake the sellers, and hence supply and demand are changing. Here we take a look at the recent historical level […]
