Almaden Valley is located in San Jose ~ Santa Clara County ~ California. San Jose is known as the Capital of Silicon Valley. Almaden Valley is one of the most attractive residential areas of Silicon Valley. Almaden Valley Zip Code is 95120
Property Type: Single Family Homes ~ Almaden Valley California
- There were 27 single family homes reported sold in Almaden Valley California during the month of August 2008 compared to 29 homes sold in Almaden Valley during the month of July 2008.
- The current inventory of homes in Almaden Valley in August 2008 = 117
- The current inventory in the month of July 2008 = 121
- The average sales price was $1,252,370
- The average sales price in July 2008 was $1,094,883
- The median sales price in August 2008 was $1,000,000 compared to $1,025,000 in July 2008
- The average Days on Market (DOM) were 41 compared to 43 days in July 2008.
- % LP Received = 95.89% compared to 97.91% in July 2008
- There were 43 new listings reported in Almaden Valley ~ San Jose ~ Silicon Valley ~ California in August 2008.
- In July 2008 there were 54 new listings reported in Almaden Valley ~ California.
Property Type: Condos / Townhomes ~ Almaden Valley California
- There were 3 condos / townhomes reported sold in Almaden Valley California during the month of August 2008 compared to 2 condos / townhomes sold in Almaden Valley during July 2008.
- The current inventory of condos and townhomes in the month of August 2008 = 16
- The current inventory in the month of July 2008 was also 16
- The average sales price was $521,400
- The average sales price in July 2008 was $640,000
- The median sales prince was $565,000 as compared to $640,000 in July 2008.
- The average Days on Market (DOM) were 27 compared to 30 days in July 2008.
- % LP Received = 72.59% compared to 96.31% in July 2008
- There were 7 new listings reported in Almaden Valley ~ Silicon Valley ~ California in August 2008.
- In July 2008 there were also 7 new listings reported in Almaden Valley ~ California.
Definitions:
- Current Inventory = represents the total number of properties with status 1, 2, and 3.
- Status 1 is active; Status 2 is pending with release; and Status 3 is pending without release.
- Average Sales Price = the sum of the sales prices divided by the number of sales.
- Median Sales Price = the sales price of the property that falls in the middle of all the sold properties.
- Average DOM = the sum of the number of days on market for sold properties divided by the count of sold properties.
- New Listings = the number of listings with a list date within the month being reported.
Kathleen Daniels is an Almaden Valley Real Estate Broker Realtor® serving the needs of home buyers and home sellers in Almaden Valley California
1.800.972.1822 ~ Call today for a free ~ no obligation consultation!
Copyright © 2008, All Rights Reserved by Kathleen Daniels *Almaden Valley California Market Trends ~ August 2008*
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