THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR
IS TO COMPARE THE REAL ESTATE NUMBERS
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
In November, 2011, the number of closed sales in Santa Clara reached at least an eleven-year low. The December number was not that dramatically low....but was among the worst of the decade. Now JANUARY looks about the same.
The inventory level is also at a FIVE-year, post-bust low.
In JANUARY, average price was down slighly year-on-year. Average price was also down seasonally in December, but was up November.
Here for the
SANTA CLARA
RMLS Market Area are:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of JANUARY
2002 - 2012:
And a decade of Average Prices for Closed Sales
for the
Months of JANUARY
2002 - 2012:
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS for invivdual market areas.
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