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Archive | December, 2009

Santa Clara Real Estate Market

Posted on 31 December 2009 by gracekeng

Santa Clara University

The city is the site of the eighth of 21 California missions, Mission Santa Clara de Asís, and was named after the mission. The Mission and Mission Gardens are located on the grounds of Santa Clara University. The above picture is taken out side of the Santa Clara Univervisty.

What is the current Real Estate market in Santa Clara Calif ?

If we compare from November 2008 to November 2009, you will find some interesting changes: 

1). The home inventory has gone down from last year’s 199 to this year 97.  The numbers of sold homes has gone up from last year`s  32 to 34 this year. 

2.) The average Santa Clara home sales price is higher. In November 2009 sales price is $673,430 vs last November’s  $621,636 The median sales of  November 2009 is $638,000 which is a increase from last November’s $598,750. 

3.) Last November took average 67 days to sell a home however this year will need 29 days to sell a home. 

This real estate trend is the same as last month. In the November of 2009 there are 66% less home inventory and 6.3% more the Santa Clara homes get sold.  The average Santa Clara sales price rose 8.3% and the Santa Clara median price homes increased 6.6% from last November to this November.  The above data information came from the www.reil.com.

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San Jose Real Estate Market

Posted on 31 December 2009 by gracekeng

San Jose city HallSan Jose is the largest city in Nothern California and the 10th largest cities in US. What is the current Real Estate market in San Jose Calif ? If we compare from November 2008 to November 2009, you will find some interesting changes:

1). The home inventory has gone down from last year’s 3252 to this year 1597.  The numbers of sold homes has gone up from last year`s  392 to 515 this year.

2.) The average San Jose home sales price is higher. In November 2009 sales price is $557,564 vs last November’s  $515,059 The median sales of  November 2009 is $515,000 which it has an increase  from last November’s $456,500.

3.) Last November took average 69 days to sell a home however this year will need 69 days to sell a home.

This real estate trend is the same as last month. In the November of 2009 there are 50.9% less home inventory and 31.4% more the San Jose homes get sold.  The average San Jose sales price rose 8.3% and the San Jose median price homes increased 12.8% from last November to this November.  The above data information came from the www.reil.com.

If you or someone you know is thinking of buying or selling home in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because myteam and I will make the transaction as pleasant and as stress free as such transactions can be. You can start it by emailing me GraceKeng1@gmail.com

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Moutain View Real Estate Market Report

Posted on 31 December 2009 by gracekeng

Mountain iew real estate

Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains.

What is the current Real Estate market in Mountain View Calif ? If we compare from November 2008 to November 2009, you will find some interesting changes:

1). The home inventory has gone down from last year’s 68 to this year`s 53.  The numbers of sold homes has gone up from last year`s  15 to 22 this year.

2.) The average Mountain View home sales price is lower. In November 2009 sales price is $994,099 vs last November’s  $1,021,764 The median sales of  November 2009 is $913,340 which is a drop from last November’s $960,000.

3.) Last November took average 48 days to sell a home however this year will need 43 days to sell a home.

This real estate trend is the same as last month. In the November of 2009 there are 22% less home inventory and 46.7% more the Mountain View homes get sold.  The average Mountain View sales price droped 2.7% and the Mountain View median price homes dropped 4.9% from last November to this November.  The above data information came from the www.reil.com.

If you or someone you know is thinking of buying or selling home in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because myteam and I will make the transaction as pleasant and as stress free as such transactions can be. You can start it by emailing me GraceKeng1@gmail.com

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Cupertino CA November Real Estate Market is hot!

Posted on 30 December 2009 by gracekeng

Cupertino

Cupertino city is a smaller city about 50,500 population in Santa Clara County, California, U.S., directly west of San Jose on the west side of the

 Santa Clara Valley or Silicon Valley. We experienced a robust real estate market past November, 2009. Let us compare from November 2008 to November 2009:

1) The average Cupertinohomes sales price is much higher  this year  The November’s sales

price is $1,233,798 vs last November`s $943,142. The median sales of

November 2009 is $1,208,400 from last November`s $940,000.

3.) Last November DOM (days on Market) is 69 days vs 66 days last year.

 

 1). Home inventory droped from last year’s 75 to 62 this year.  The numbers of sold homes has gone up this year to 28 from last year’s 7.

This real estate trend is the same as last month. In November of 2009

there were17% less homes for sale  and 300% more Cupertino homes

were sold. The average Cupertino sales price increased  30.8% and the

Cupertino median price homes has increased 28.5% from last November to this November.

The above data information came from the www.reil.com.

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Silicon Valley Real Estate marketing Report for Sunnyvale CA November 2009

Posted on 25 December 2009 by gracekeng

The median price for Sunnyvale  Single Family homes rose about 23% this year from November 2008 vs. November 2009

1.) The homes inventory reported to 43 homes sold with current inventory of 116. 

2.) The average price of Sunnyvale homes  gone up to $742,146 from last years’ $687,977. The offers came in average of 97.17 % to listing prices.

3.) It takes average 46 days to sell a Sunnyvale home, but last November was 35 days. There are less inventory then last year.

From Datanews of La Jolla, CA.-”The median price paid for a Bay Area home rose above the year-ago level for the second consecutive month, a reflection of widening price stability, fewer foreclosures selling and more activity in pricier areas.”

.Sunnyvale Fruit Cocktail water tower

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