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Here are some current Inventory numbers for week 34 in the Cupertino area…

 

Here are some current Inventory numbers for week 34 in the Cupertino area…once again, it's our interpretation of what the market is really doing and where it's heading.

 

More Real Estate and Less Hype

 

  • 0 Single family homes currently listed as bank owned
  • 8 Single family homes currently listed as short sales
  • 14 Single family homes are currently overpriced
  • 216 Is the average days on market of overpriced homes
  • 109 Single family homes sold in the past 90 days
  • 59 Single family homes in escrow (6 short sales)
  • 113 Single family homes listed for sale
  • 28 Total homes in foreclosure
  • $1,090,000 Median sale price for single family homes in past 90 days 

 

Posted by

Life is Good!
Patrick Virgilio, Broker Associate, Cal BRE# 01305252

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Keller Williams Realty | 2110 S. Bascom Avenue | Campbell, CA 95008
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 *I am a Realtor®, qualified to provide you with Real Estate advice; any and all  information I have provided should not be construed as Legal or Tax advice.

                                           

The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. All information is copywritten and the property of Pat Virgilio. 

Comments (1)

Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Patrick, that is a pretty amazing median home sale price.  How does that compare to about a year ago?  Is your office cap around 30K?  Our average home sale is 135K.  It takes about 15 average home sales to cap here in Lafayette!

Aug 28, 2012 10:27 AM