Monday, November 10, 2014
Santa Clara County weekly market update November 10th, 2014
One month ago there were 1738 active listings in Santa Clara County. Today there are 1429. Active listings consists of condos, town homes and single family homes. The median number of days on the market for listings in Santa Clara county one year ago was 16. Now the median is 15 days. The sale to list price ratio has in creased. Last year is was 102.5% in October is it was 103.1%. Last month the sale to list price ratio is 102.7%. In November of 2013 there were 1184closed sales in Santa Clara county. In September of 2014 there were 1314 and in October 1355. The median sale price this time last year was 685K, in September it was 730K and in October it was 760K. We had 2.3 months of inventory in September and in October we have 2.6. Please contact me to answer any questions you have about how this market affects you!
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