Tuesday, March 26, 2013

Santa Clara Ca REal Estate Market Update 3/24/2013

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 26 single family Santa Clara homes for sale, down from 31 last week.
There are currently 8 Santa Clara town homes/condos for sale, down from 11 last week.
There are currently 51 pending sales of Santa Clara single family homes, up from 44 last week.
There are currently 39 pending sales of Santa Clara town homes/Condos, the same as last week.
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, and even lower 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.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-928

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