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Silicon Valley area home stats-Sept 2019
                                                                                     Sam Shueh
                                                           Realty One Group 
                                                           Cupertino, CA
The residential home sales including multi-family is quite active. Most homes when priced correctly are still quickly into a sales contract. There are also many new housing picking up every space, lots by placing more modern homes on the market. Days on the market is more traditional 30 days vs 45 a year ago(2018). People still need to pay full asked price at 101% vs 114% from a year ago. The areal sf price of gross living area is normalized at $842/sf for an average size tract home. Thus the area has experienced -10%  price adjustment from ... more

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