Sam Shueh
Realty One Group
Cupertino, CA
The number of sellers in these counties are more by 25%-30% than a year ago. While homes are coming out more the home seekers are still steady often with a preapproval letter already. All in all outside Silicon Valley the luxury homes prices took a hit. Many home sellers who used past high sold data were caught off guard. Most still sell at or over the last list price. Owners rarely took an interest in homes selling below asked price.
Mortgage interest rate for 30 year fixed is 4.78 % and 4.08% for 15 year mortgage respectively (No points). That translates to PITI of $6,745 or $8,946 per month.
Sam Shueh
(408) 425-1601
Sshueh at Gmail.com http://SiliconValleyRealtors.info/
| October 2018 | ||||||||
| Avg List Price | 30 Day Trend | Median List Price | 30 Day Trend | Avg DOM: active/sold | 30 Day Trend | # Active Listings | 30 Day Trend | |
| Santa Clara County, CA | ||||||||
| Single Family | $1,217,230 | +0.44% | $1,175,000 | -1.09% | 36 / 25 | 1 / 8 | 1,076 | 126 |
| Luxury Single Family | $4,099,593 | +1.05% | $3,188,000 | +6.27% | 66 / 22 | -10 / 10 | 340 | 41 |
| Condo/Townhome | $746,595 | +0.54% | $749,888 | +2.72% | 31 / 22 | 1 / 5 | 449 | 112 |
| Luxury Condo/Townhome | $1,411,863 | -0.49% | $1,298,880 | -0.01% | 32 / 3 | 2 / -14 | 148 | 39 |
| Monterey County, CA | ||||||||
| Single Family | $964,981 | -3.74% | $775,000 | -3.00% | 73 / 49 | 1 / 22 | 492 | 5 |
| Luxury Single Family | $5,918,200 | -2.70% | $4,300,000 | +0.02% | 149 / N/A | 8 / N/A | 165 | 4 |
| Condo/Townhome | $565,423 | +2.19% | $609,000 | +7.03% | 78 / 62 | 1 / 32 | 76 | 5 |
| Luxury Condo/Townhome | $946,283 | -8.22% | $899,000 | -5.27% | 99 / 49 | 3 / 24 | 23 | 5 |
| San Mateo County, CA | ||||||||
| Single Family | $1,544,610 | -2.64% | $1,475,000 | -0.87% | 34 / 18 | -3 / -4 | 448 | 92 |
| Luxury Single Family | $7,741,607 | -7.03% | $4,995,000 | -10.80% | 90 / 8 | -13 / -23 | 148 | 33 |
| Condo/Townhome | $852,484 | +1.05% | $838,900 | +4.99% | 42 / 12 | -2 / -5 | 93 | 25 |
| Luxury Condo/Townhome | $1,714,480 | -9.75% | $1,498,000 | -0.07% | 46 / 12 | -14 / -36 | 29 | 10 |
| Alameda County, CA | ||||||||
| Single Family | $798,280 | -1.50% | $799,000 | -0.11% | 33 / 21 | 1 / -24 | 1,108 | 113 |
| Luxury Single Family | $2,010,480 | -0.39% | $1,599,995 | +4.44% | 48 / 13 | -2 / -42 | 352 | 45 |
| Condo/Townhome | $584,690 | +0.50% | $595,888 | +1.17% | 36 / 36 | 4 / -10 | 363 | 60 |
| Luxury Condo/Townhome | $932,210 | -4.78% | $899,000 | -3.42% | 38 / 7 | -2 / -47 | 117 | 25 |
| Santa Cruz County, CA | ||||||||
| Single Family | $977,780 | +4.27% | $944,000 | +2.05% | 62 / 17 | 9 / 2 | 321 | -1 |
| Luxury Single Family | $3,012,530 | +10.08% | $2,460,000 | +9.33% | 104 / 341 | -10 / N/A | 101 | 0 |
| Condo/Townhome | $569,740 | +0.26% | $590,000 | +3.69% | 52 / 10 | -15/ -16 | 88 | 8 |
| Luxury Condo/Townhome | $913,216 | -2.35% | $849,000 | -1.85% | 51 / 26 | 11/ N/A | 28 | 4 |
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