Real Estate Update for Single Family Homes in Campbell, CA
These statistics show a sharp increase in the list price of single family homes currently listed in Campbell, CA. One major reason is that distressed properties are no longer dominating the market and inventory is very low. Inventory levels dropped in December 2012 between 39% and 63% in a number of metros in California according to Realtor.com. San Jose for-sale inventories dropped 52% in December 2012, the most year-over-year.
Campbell in California currently has 11 homes for sale ranging in price from $499,000 to $1,195,000. Median list price for single family homes in Campbell is $689,000 Only 1 property offered for sale is distressed. A more detailed report is available upon request.
19 Single family homes in Campbell are pending sale. 7 Single family properties are distressed and it will take longer to close these sales or if not will come back on the market as distressed sales. A more detailed report is available upon request.
If you are searching for distressed properties for sale the availability has decreased significantly the second half of 2012 as shown by the statistics in this report.
3 Single Family homes sold in Campbell during the first two weeks of January 2013. Median list price $800,000; median sale price $826,000. Homes were listed an average of 48 days. Sale price range between $334,000 and $860,000.
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