Cambrian, Real Estate - Market Report for 95124
This is a real estate update is for activity in the community of Cambrian in San Jose, California dated January 23, 2012.
A large number of distressed properties will affect home values the real estate market. This market has large number of short sales and the number of bank owned properties is increasing destabilizing the community. The good news is that inventory is down. To get a better understanding of the market trends you need to study the statistics over a longer period.
Real Estate statistics for single family homes in Cambrian:
Cambrian homes for sale listed between $398,700 and $1,249,000:
- 76 homes in inventory including 4 homes listed for more than $1 million (19 short sale and 7 bank-owned (REO))
- Median home price $582,500
- Price per square feet $385.49
- Average days on market 71
- Average size 1,657 square feet
- Average age 49
Cambrian homes in escrow listed between $310,400 and $1,199,000:
- 85 homes in escrow as of today (43 short sale and 16 REO)
- Median list price $488,800
- Price per square feet $361.84
- Average days on market 92
- Average size 1,457 square feet
- Average age 49
Cambrian homes sold ranging in sale price between $348,600 and $890,000:
- 21 homes closed escrow so far this month (3 short sale and 3 REO)
- Median list price $539,950
- Median sale price $525,000
- Price per square feet $389.00
- Average days on market 51
- Average size 1,451 square feet
- Average age 53
If you have any questions or are interested in homes in Cambrian contact your Cambrian REALTOR® and Distressed Property Expert.
**Information contained on this report is designed for accuracy but is not guaranteed**
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