Blossom Valley Homes - Market Report
Week ending December 3, 2011 compared to December 4, 2010
There were 93 Blossom Valley homes, including short sales and bank owned homes for sale in the week ending December 3, 2011. There were 159 Blossom Valley homes, including short sales and bank owned homes for sale in the week ending December 4, 2010. Of the 93 Blossom Valley homes there were 41 San Jose short sales, 7 bank owned homes and 45 traditional Blossom Valley homes for sale.
The graph above shows the median price, the average price, and the number of properties sold.
Prices are represented by the bars while sales are represented by the line.
We use a 3-month moving average to smooth out month-to-month fluctuations which includes seasonal variations.
Blossom Valley Real Estate – November 2011
- Median Price: $465,000 = 0.4% increase from October 2011 ($463,000)
- Average Price: $465,607 = 2.0% decrease from October 2011 ($475,054)
- No. of Sales: 47 = 4.4% increase from October 2011 (45 sales)
- Sale vs. List Price: 97.8% = 1.6% decrease from October 2011 (99.4%)
- Days on Market: 74 = 14.5% decrease from October 2011 (86 days)
Inventory is low in the Blossom Valley Real Estate Market. The numbers of Blossom Valley homes for sale remain dominated by short sales. Prices are holding relatively steady. Low inventory means we are experiencing multiple offers on Blossom Valley homes that are priced competitively. Over-priced homes tend to sit on the market and actually help sell homes that are priced too high. Buyers continue to look for “good deals” which may be found when buying short sale properties.
If you are facing financial difficulty and cannot make your mortgage payment, then call for a free no obligation consultation. Take action now before it is too late. If you are looking to sell a Blossom Valley home then give me a call to discuss your specific goals, needs, wants, and desires. Let me show you how my marketing plan gets homes sold fast. If you are buying a Blossom Valley home let me share how my offer strategy will get your offer accepted even in a multiple offer situation.
We are here to serve all of your Blossom Valley Real Estate needs.
Call 800.972.1822 today!
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