Weekly market update 11-3-14

Today there are 1490 single family homes, condos and town homes for sale in Santa Clara county.  Last month there were 1736.  One year ago the median days on market was 15, it is 15 days for the month of October as well.  In November of 2013 the sale to list price ratio was  102.5% in September of this year it was 103.1% and in October is was 102.8%.  One year ago there were 1184 closed sales of town homes, condos and single family homes in Santa Clara county.  In September there were 1314 closed sales and in October there were 1296.  The median sale price of town homes, condos and single family homes in Santa Clara county this time last year was $730, 500K and last month it was $770,000K.  In September we had 2.4 months of inventory and last month we had 3 months of inventory.  Call me with questions about how you can buy, sell or invest!

Santa Clara County Market update 10-27-14

    

One month ago there were 1821 single family homes and condo/town homes on the market.  Today there are 1583.  The median days on market for single family homes and condos/town homes was 34 days this time last year.  In September it's 39 days.   The sale to list price ratio last year at this time was, %102.6, in August of this year it was %103.2 and in September it is %103.1.  Last year at this time there were 1436 closed sales of single family homes and condo/town homes.   In August the number was 1334 and in September it was 1313.  Last year the median sale price for single family homes, condos and town homes was $680K.  The median price in August was $760K and in September it was $731K.  The months of inventory for Santa Clara county in August was 2.3 and in September it was 2.4.  Please contact me to find out how these stats affect you!