Not enough inventory, plenty of buyers.
There are currently 36 single family Santa Clara homes for sale, up from 34 last week.
There are currently 19 Santa Clara town homes/condos for sale, up from 15 last week.
There are currently 53 pending sales of Santa Clara single family homes, up from 46 last week.
There are currently 33 pending sales of Santa Clara town homes/Condos, down from 37 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 better than last week, but still low. I still expect even more increase in inventory, but possibly not til late spring or early summer till we see a significant difference. We only added another 2 homes and 4 condos this week. I was hoping for 10. Maybe next week.
If you would like to search for homes for sale please feel free to visit my website for a custom search.
If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.