San 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

What is the current San Jose Ca Real Estate market? If we compare from June 2008 to June 2009, you will find some interesting changes:

1). Home inventory reduced from from last year’s 3820 to this year 2171.  The numbers of sold homes has increased from last year 460 to 694 this year.

2.) The average San Jose home sales price is lower.  This June sales price is $503.660 vs last June’s ’ $670,452. The median sales of June 2009 is $448,000 which has dropped from last June’s $600,000.

3.) Last June took average 87 days to sell a home however this year will need 90 days to sell a home.

This real estate trend is the same as last month. In the June of 2009 there are 40% less homes in  inventory and 50% more San Jose homes get sold.  The average San Jose sales price dropped 22.87% and the San Jose  median price homes dropped 25% from last June to this June.  The above data information came from the www.reil.com.

If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me. . You can email me GraceKeng1@gmail.com to schedule an appointment.

 
What is the current San Jose Ca Real Estate market? If we compare from May 2008  to May 2009, you will find some interesting changes:

1). Home inventory reduced from from last year’s 3853 to this year 2397.  The numbers of sold homes has increased from last year 438 to 580 this year.

2.) The average San Jose homes sales price is lower.  This May sales price is $471,894 vs last May’s ’ $704,153. The median sales of May 2009 is $410,000 which has dropped from last May’s $625,000.

3.) Last May took average 82 days to sell a home however this year will need 92 days to sell a home.

This real estate trend is the same as last month. In the May of 2009 there are 39% less home inventory and 32% more the San Jose homes get sold.  The average San Jose sales price dropped 33% and the San Jose  median price homes dropped 34.4% from last May to this May.  There are more San Jose homes sold this year compared with last year due to home price has dropped about 1/3 of last year.The above data information came from the www.reil.com.

Any home buyers and sellers need a really a good realtor to help the home buyers to buy and sellers to sell. If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because I offer a free 45 min. consultation to cover the complete local current real estate market. You can email me GraceKeng1@gmail.com

 An overview of San Jose Single Family Real Estate market of March 2008 compared to March 2009 shows some interesting economic changes:

1.) The homes inventory dropped to 1012 this year from last year’s 1212. The sold homes number is higher from 298 last March to 456 this year

2.) The average price of San Jose homes this year has dropped to $454,550 from last years’ $758,457.

3.) It takes average 65 days to sell a San Jose home, but last March was 62 days. We have 200 less San Jose homes for sale this year. The good news is that a lot more homes actually sold this year. The average and median price for

The above photo of city San Jose is located at the downtown of San Jose from www.exuberance.com