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Cambrian Real Estate Report April 2012

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Real Estate Agent with Compass CalBRE# 01839597

Cambrian, San Jose Real Estate - Market Report April 2012

This is a real estate update is for real estate activity of single family homes in the community of Cambrian, San Jose, California during the month of April 2012.

Inventory is down sharply including the percentage of distressed properties for sale just as in other markets, median sold price is up and calculated only by the number of homes sold during the past 30 days.  To get a better understanding of the market trends you need to study the statistics over a longer period. 

Real Estate market in Cambrian, single family homes in Cambrian

Real Estate statistics for single family homes in Cambrian, San Jose:

Cambrian, San Jose homes for sale:

  • 34 homes in inventory (7 short sale and 2 bank-owned (REO)) ranging in price from $430,000 to $1,189,000
    • Median home price $605,000
    • Price per square feet $392.21
    • Average days on market 60
    • Average size 1,702 square feet
    • Average age 48 
  • During the past 7 days
    • 2 properties had list price decreased
    • 1 transfered back from escrow (sale cancelled)
    • 9 new listings were added this week to inventory (1 short sale)
    • Median home price $604,250
    • Price per square feet $390.34
Cambrian, San Jose homes in escrow ranging in price between $337,900 and $1,129,800:
  • 74 homes in escrow as of today (12 short sale and 9 REO)
    • Median list price $589,500
    • Price per square feet $397.37
    • Average days on market 43
    • Average size 1,623 square feet 
    • Average age 48
Cambrian, San Jose homes sold ranging in price from $385,000 to $1,200,000:
  • 49 homes closed escrow this week (6 short sale and 5 REO)
    • Median list price $588,000
    • Median sale price $575,000
    • Price per square feet $392.32
    • Average days on market 57
    • Average size 1,598 square feet 
    • Average age 48
       
 
If you have any questions or are interested in homes in Cambrian contact your REALTOR
 
 
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Anja K. Kerstens
REALTOR®, GRI, CDPE, CHS, NHCB and ASP®
CalBRE#01839597 

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