Prices are getting pushed down in virtually all parts of Silicon Valley and in San Jose particularly. Even so, the downward pressure is not uniform among all home types and price points. The San Jose real estate scene is varied by region, home type, condition, school district, and many more factors, including the number of nearby foreclosures and short sales.
The four areas studied appear to be doing better than the city as a whole. For instance, here's the graph of list prices for all of San Jose (which has about a million residents spread over many districts):
What is fairly consistent throughout San Jose, and Santa Clara County too, is that the highest priced properties are suffering much less than the lowest priced ones. The above graph makes that very apparent.
To get a better idea of how pricing is faring among condos and single family homes in Almaden Valley, Cambrian Park, Willow Glen and West San Jose, please visit the Valley of Hearts Delight blog post,
Comparing Real Estate List Prices in Four San Jose Districts.
Please contact me for all your Silicon Valley real estate needs!
Mary Pope-Handy, Realtor, CRS, ABR, e-PRO, SRES, ASP, RECS, CNHS, ACRE
Helping Nice Folks to Buy & Sell Homes Since 1993
Co-Author: "Get The Best Deal When Selling Your Home In Silicon Valley"
877 397-5391 (Direct/Toll-Free/Fax); 408 204-7673 (Cell)
www.DelightHomes.com (PopeHandy.com)
emailto: Mary@PopeHandy.com
Blog: www.LiveInLosGatos.com & www.ValleyOfHeartsDelight.com
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