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Archive | Silicon Valley Real Estate Market

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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Sunnyvale property values increases

Posted on 03 August 2009 by gracekeng

Santa Clara COunty July 2009The left graph shows the median price of Santa Clara county value from July 2008 to July 2009.

Jul-08

$705,000

Jul-09

$605,000

Change

$100,000

Changed

-14%

Sunnyvale property values increased much better than most other cities in the Santa Clara County, according to the annual tax roll released by the office of Santa Clara County assessor, Larry Stone on July 1, 2009.  Sunnyvale saw a 4.75 % gain in assessed property values. Only Mountain View saw a higher gain as 6.22% than Sunnyvale.

Each year the county appraisers reassess the value of residential and commercial property. According the deputy to the assessor, David Ginsborg  the Sunnyvale property values grew significantly in the form of redevelopment, and the Sunnyvale town Center project,

Ginsborg said:” Assessment values are typically affected by changes in ownership, new construction and property tax reductions when market values fall below assessed values.”

This year a significant number of changes in ownership are home in foreclosures and distressed sales. Sunnyvale remained steady because it has older and more established communities. On the other hands, the communities with newly constructed, entry-level homes such as Gilroy, were hit hardest. Ginsborg said, Gilroy had a 9.48% drop which is the most in the county.If you want to read more, you can find it at Sunnyvale sun.

The assessed values has steadily declining for last three years. In 2008, the number of foreclosures in Santa Clara county has gone up fourfold to 6200. Although property assessment is dropping in Santa Clara County, the minor growth in cities like Sunnyvale is significant relative to the rest of California.

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Los Altos CA real market trend June 2009

Posted on 02 August 2009 by gracekeng

Los Altos realtors Grace KengHow is the current Los Altos Ca Real Estate market? If we compare from June 2008 to June 2009, you will find some interesting changes:

1). Home inventory rose up from from last year’s 64 to this year 109.  The numbers of sold homes rose from last year 33 to 40 this year.

2.) The average Los Altos home sold price is lower.  This June sales price is $1,637.200 vs last June’s ’ $1,921,306 The median sales of June 2009 is $1,483,000 which is a drop from last June’s $1,640,000.

3.) Last June took average 20 days to sell a home however this year will need 50 days to sell a home.

This real estate trend is the same as last month. In the June of 2009 there are 70% more homes in inventory and 20 more the Los Altos homes get sold.  The average Los Altos sales price dropped 14.79% and the Los Altos median price homes dropped 9.57% 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 for a free 45 min. consultation to cover the complete local current real estate market. You can email me GraceKeng1@gmail.com

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Santa Clara and San Mateo County half year Inventory Report 2009

Posted on 02 July 2009 by gracekeng

 
Santa Clara County, CA                                                                                              Average price                       Median price                         Days on market
Single Family under $1M $607,736 $600,000 82
Single Family over $1M $2,150,771 $1,625,000 76
Condo/Townhome under $600K $349,001 $340,000 81
Condo/Townhome over $600K $827,820 $749,880 82
San Mateo County, CA
Single Family under $1M $668,223 $680,000 80
Single Family over $1M $2,432,311 $1,688,000 74
Condo/Townhome under $600K $398,632 $400,000 72
Condo/Townhome over $600K $874,685 $749,000 77

Comments (2)

Santa Clara County CA Real Estate Market May 2009

Posted on 01 July 2009 by gracekeng

Santa Clara CountyWhat is the current Santa Clara county Ca Real Estate market? If we compare from May 2008 to May 2009, you will find some interesting changes:

1). Home inventory dropped from from last year’s 6130 to this year 4445 .  The numbers of sold homes increased from last year 874 to 987 this year.

2.) The average Santa Clara County homes sales price is lower.  This May sales  price is $645,774 vs last May’s ’ $976,263. The median sales of May 2009 is $490,000 which is dropped from last May’s $772,500.

3.) Last May took average 71 days to sell a home however this year will need 86 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 27.48% less home in inventory  and 12.92% more the Santa Clara County homes get sold.  The average Santa Clara County sales price dropped 33.8% and the Santa Clara County  median price homes dropped 36.56% from last May to this May.  We have more homes sold and less inventory for sale form year to year. Both Median and average home price dropped about 1/3 year to year. The above data information came from the www.reil.com.

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

Comments (1)

San Jose real estate Market trend May 2009

Posted on 30 June 2009 by gracekeng

San Jose City Hall
 
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

Comments (0)

Mountain View Ca Real Estate Market May 2009

Posted on 30 June 2009 by gracekeng

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

1). Home inventory rose up from from last year’s 56 to this year 86.  The numbers of sold homes is the same from last year 31 to 31 this year.

2.) The average Mountain View homes sales price is lower. This May sales price is $931,506 vs last May’s ’ $1,046,080. The median sales of May 2009 is $890,000 which is dropped from last May’s $975,000.

3.) Last May took average 32 days to sell a home however this year will need 53 days to sell a home.

This real estate trend is the same as last month. In May of 2009 there are ?? more home inventory and ?? less inventory in  the Mountain View market.  The average Mountain View sales price dropped ?? and the Mountain View median price homes dropped ?? from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers need a good realtor to help them. 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

Comments (0)

Los Altos CA Real Estate Market Trend May 2009

Posted on 30 June 2009 by gracekeng

Los Altos homes fo saleThis photo is my Los Altos listing - 1456 Ranchita Court Los Altos asking 1.468 Millions and was sold in May 2009. 
 
What is the current Los Altos Calif  Real Estate market? If we compare from May 2008 to May 2009, you will find some interesting changes:

1). Home inventory rose up from from last year’s 78 to this year 124.  The numbers of sold homes has dropped from last year 41 to 22 this year.

2.) The average Los Altos home sales price is lower.  This May sales price is $1,560.373 vs last May’s ’ $1,980.409 The median sales of May 2009 is $1.500,000 which is a drop from last May’s $1,738,888.

3.) Last May took average 27 days to sell a home however this year will need 61 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 58.9% more home inventory and 46.3% less the Los Altos homes get sold.  The average Los Altos sales price dropped 21.2% and the Los Altos median price homes dropped 13.7% from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers  need a good realtor to help them. 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 an over all  current real estate market. You can email me GraceKeng1@gmail.com

Comments (0)

Sunnyvale CA Real Estate Market -May 2009

Posted on 30 June 2009 by gracekeng

Sunnyvale, CAWhat is the current Sunnyvale 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 200 to this year 188.  The numbers of sold homes has dropped from last year 68 to 36 this year.

2.) The average homes sales price is lower.  This May sales price is $681,266 vs last May’s ’ $926,252. The median sales of May 2009 is $745,550 which is dropped from last May’s $930,000.

3.) Last May took average 36 days to sell a home however this year will need 51 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 1% less home inventory  and 50% less the Sunnyvale homes get sold.  The average Sunnyvale sales price dropped 26% and the Sunnyvale  median price homes dropped 19.8 from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers need  a  good realtor to help them. 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

Comments (0)

Cupertino CA May2009 Real Estate Market

Posted on 29 June 2009 by gracekeng

Cupertino CA memorial Park

What is the current Cupertino Ca Real Estate market? If we compare from May 2008  to May 2009 which has shown some interesting changes:

1). Home inventory rose up from this year from last year’s  81 to this year 127.  The numbers of sold homes has dropped from last year 46 to 31 this year.

2.) The average Cupertino homes sales price is lower.  This May sales  price is $1,112,518 vs last May’s ’ $1,299,204. The median sales of May 2009 is $1.062,000 which is dropped from last May’s $1,250,000.

3.) Last May took average 27 days to sell a home however this year will need 61 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 70% more home inventory  and 30% less the Cupertino homes get sold.  The average Cupertino sales price dropped 13% and the Cupertino  median price homes dropped 16% from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers 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, Moutain 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

Comments (2)



Prices for CUPERTINO

 

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1456 Ranchita Court
Los Altos, CA
4 BR | 2.50 BA $1,468,000

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