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Housing Market "Snapshot" for San Francisco Bay Area Counties

By
Real Estate Broker/Owner with Eagle Ridge Realty DRE# 01309169

Found this in my draft folder.  I thought I post it for posterity, as it is 4 years old.  It is amazing how much the market has bounced back from dark days of the great recession.

PLEASE NOTE THIS IS FROM MARCH 2012

 

Here is a market snapshot for the San Francisco Bay Area Counties.  The economy seems to be improving, thanks to the strength of the Hi-Tech industries which are so prevalent here.  Homes have been selling rapidly, if they are priced right, in all price ranges, and the slump seems to be quickly going away.  Reports of multiple offers are very frequent.  I have one Broker friend who had 45 offers on one of their listings within 2 days.  House sold for 10% over asking price.

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot March 28, 2012
  Average List Price Median List Price Average Days On Market
Santa Clara County, CA
Single Family under $1M $596,524 $585,990 56
Single Family over $1M $2,512,419 $1,750,000 65
Condo/Townhome under $600K $358,523 $349,900 58
Condo/Townhome over $600K $779,545 $699,000 52
San Mateo County, CA
Single Family under $1M $609,827 $595,000 63
Single Family over $1M $3,538,099 $1,838,000 76
Condo/Townhome under $600K $380,989 $380,000 64
Condo/Townhome over $600K $869,070 $738,000 82
Santa Cruz County, CA
Single Family under $1M $554,485 $550,000 79
Single Family over $1M $2,212,026 $1,625,000 99
Condo/Townhome under $600K $328,640 $299,000 110
Condo/Townhome over $600K $886,026 $750,000 117
Monterey County, CA
Single Family under $1M $465,115 $380,000 83
Single Family over $1M $3,298,160 $2,380,000 124
Condo/Townhome under $600K $304,202 $279,900 90
Condo/Townhome over $600K $1,042,474 $895,000 99
San Benito County, CA
Single Family under $1M $367,516 $300,000 65
Single Family over $1M N/A** N/A** N/A**
Condo/Townhome under $300K N/A** N/A** N/A**
Condo/Townhome over $300K N/A** N/A** N/A**
Alameda County, CA
Single Family under $1M $428,636 $388,000 71
Single Family over $1M $1,795,139 $1,450,000 84
Condo/Townhome under $600K $272,305 $257,975 79
Condo/Townhome over $600K $742,784 $679,000 62
Contra Costa County, CA
Single Family under $1M $399,373 $328,700 65
Single Family over $1M $1,871,051 $1,450,000 92
Condo/Townhome under $600K $242,032 $199,500 66
Condo/Townhome over $600K $720,731 $645,000 83
Show All Comments
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

Nice post.  Great localized information.  Keep it up.  Good luck this selling season.

Apr 26, 2017 05:47 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

Nice post.  Great localized information.  Keep it up.  Good luck this selling season.

Apr 27, 2017 08:26 AM
Nancy Frimann
Eagle Ridge Realty/Signature Homes & Estates - Gilroy, CA

We like looking at the old statistical reports and the home sales.  Nice job. 

May 03, 2017 06:00 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

Interesting post.  Keep on writing the good stuff.  Always good to look back on and read.

Jun 01, 2017 08:43 AM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

We really like going back in time and checking out the statistical reports and all the other stuff you write about.

Jun 04, 2017 06:51 AM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Hi Eagle Ridge Realty!  Just going through some of your older posts looking at all the local information you've posted.

Jun 23, 2017 08:50 PM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Hello Eagle Ridge Realty-- Just checking out some of your older stuff.  

Jul 16, 2017 11:50 AM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Hi, just going through some of the older stuff again and liking what I see.

Sep 15, 2017 09:28 PM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

EAGLE RIDGE REALTY,  you always have great localized posts.  Keep it up! 

Oct 16, 2017 05:48 AM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Nice localized post for a brokerage.  I hope this selling season finds you very busy.

Feb 20, 2018 07:03 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

Hoping some business comes to you.  Great localized post. 

Aug 24, 2018 06:00 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

You always write great localized posts.  Just checking out some of your past posts.

Sep 12, 2018 08:18 AM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

We enjoy reading your posts.  Always informative and we particlarly like the sales statistics.

Oct 11, 2018 06:02 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

We enjoy reading your posts.  Always informative and we particularly like the sales statistics.

Oct 19, 2018 04:43 AM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Browsing your older stuff.  Lots of good information here.  Keep it up!  Always enjoy reading your posts and what you present.

Oct 29, 2018 06:03 AM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

This is a good post and it will hopefully attract some business your way.  Good luck selling!

Nov 13, 2021 07:06 AM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Nice post and I hope it brings some business your way.  Keep on blogging!

Jan 31, 2022 08:38 AM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Wonderful post on a great subject.  Good luck and keep on selling!

Mar 12, 2022 04:05 PM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Always interesting posts.  Keep on blogging and selling!

Apr 04, 2022 05:16 PM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Keep on posting all this useful information.  Good stuff.

 

Oct 29, 2023 03:31 PM
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