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The reports on closed sales show a sluggish, and depressing, last quarter of the year. But the activity now is amazingly "hot". Yes, hot. Agents tell of homes selling in a week, with multiple offers, and over list price. It's like a flashback 2 years ago, or maybe to 2000. Simply put, there isn't much inventory. Inventory has been declining for 23 months in a row and right now there just isn't enough to go around!But looking back, here's some info on the market over the last month and year. I hope you find it valuable!San Jose: Median price for homes
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