Weekly Santa Clara Conty Market update 11-17-14

The statistics I give refer to Santa Clara county single family homes, condos and town homes. 
One month ago there were 1698 active listings for sale.  Today there are 1244.  One year ago the median days on market was 15, today it is 13.  The sale to list price ratio in November of 2013 was 102.5%,  in September of this year it was 103.1% and in October it was 102.8%. There were 1184 closed sales in November of 2013.  There were 1310 closed sales in September and in October 1359.  The median sale price a year ago was 685K, in September of this year it was 730K and in October it was 760K.  Lastly, we had 1.6 months of inventory in September and in October we had 1.3.

I'm happy to answer any questions you have about the market and how it affects you!