Santa Clara, Ca Real Estate Market Update 4/7/2013

By
Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194
https://activerain.com/droplet/TcW

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 34 single family Santa Clara homes for sale, up from 25 last week.

There are currently 15 Santa Clara town homes/condos for sale, up from 6 last week.

There are currently 46 pending sales of Santa Clara single family homes, down from 49 last week.

There are currently 37 pending sales of Santa Clara town homes/Condos, down from 39 last week.

In March of 2013 there were 42 single family Santa Clara homes sold, over twice the number in Feb.,  ranging in price from $465,000 to $1,250,000. This shows an increase in price range from Feb.

In March of 2013 there were 28 Santa Clara Town Homes/Condos sold, 30% more than in Feb.,  ranging in price from $200,000 to $793,000. This price range is not much different than in Feb.

 

These numbers are much better than last week, but it was Easter/Passover, so it is not a surprise. I still expect even more increase in inventory, but possibly not till late spring or early summer till we see a significant difference. If we can add another 10 homes and condos next week I will be very happy.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-928

Posted by

Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties

 

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Bryan Robertson
Los Altos, CA

This is so true!  I've had buyers looking in the area for months and the choices are so limited it's scary.  They're frustrated at the lack of inventory.

Apr 07, 2013 01:28 AM #1
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David Saks
(retired) - Memphis, TN

Always nice to see how things are shaping up around the nation. Thanks for sharing this valuable information.

Apr 07, 2013 04:44 AM #2
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Marcy Moyer

Probate, Trust, and Investment Specialist
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