The Numbers that may change your plan for 2015! Santa Clara County Market update 12-17-14

Today there are 1244 single family homes, condos and town homes for sale in Santa Clara county.  If you were looking for a single family home, condo or town home you would have 1244 to choose from.  One month ago there were only 844.  In December of 2013 the median days on market was 19.  In November of this year it was 14 days.  The sale to list price ratio one year ago was 102%,  in October  of this year it was 102.9% and last month it was 102.8%.  In December of 2013 there were 1162 closed  sales in Santa Clara county.  In October of this year, 2014, 1371 homes sold and in November, 1025 single family, condos and town houses sold.  The median sale price in December  of 2013 was 660K, in October of 2014 it was 755K and last month is was 754,400K.  In October there was 1.3  months of inventory in the county, in November  it went down to 1.1 months.

If you have questions about how this market affects you, I'm only a phone call away!