Monday, March 4, 2013

Santa Clara Ca Market Update 3/2/2013


As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 24 single family Santa Clara homes for sale.
There are currently 14 Santa Clara town homes/condos for sale.
There are currently 14 pending sales of Santa Clara single family homes.
There are currently 38 pending sales of Santa Clara town homes/Condos.
In Feb. of 2013 there were 20 single family Santa Clara homes sold ranging in price from $399,000 to $1,155,000.
In Feb of 2013 there were 19 Santa Clara Town Homes/Condos sold ranging in price from $265,000 to $833,000

These numbers are still low, but a little better than last week. I was hoping they will be doubled by the end of February and triple by the end of March but as of now that seems unlikely. I still expect an increase in inventory, but possibly not till late spring or early summer till we see a significant difference.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285

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