San Martin, CA Residential Market Trends through September 2013

By
Real Estate Agent with Alain Pinel Realtors CA BRE 01914367

Curious how the market's going?  This information shows market trends for San Martin through September 2013.

 

San Martin Sunset September 2013

 

Imagine a community where no two homes are the same - really. 

 

There are no large developments or subdivisions.

 

The data presented in this report does what it can to provide trends on dissimilar and noncomparable properties based on the area many call home. This is important to readers so they know a housing market thrives here, it's just a little different than others.

 

Welcome to San Martin, California!

 

San Martin September 2013 For Sale Sold

 

 

Homes in this community range from 1 bedroom, 1 bath to many more than 6 bedrooms and plenty of bathrooms to go around.

 

Residents and visitors flock to this area for the rich farm land as well as the abundant recreational opportunities.

 

Convenient to major transportation routes, local shopping and produce, it's worth stopping in.

 

There's always a housing market and you might be surprised by the results!

 

 

 

 

 

 

 

How does that measure up when we start talking dollars and cents?

San Martin September 2013 Median & AveragesDue to the limited amount of data available, I'll let the charts speak for themselves.

 

When looking at median and average pricing in San Martin it's imperative to keep in mind the wide variety and differing market values of homes in the area.

 

Since we don't know what tomorrow will bring, if you've been thinking about buying or selling a home, now is a good time to consider all your options!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How long will it take to sell my home in this market?

 

San Martin September 2013 CDOM SP/LP Ratio

Before you ask, CDOM is Continuous Days on Market which is one indicator of how long, on average it takes to sell a home in this market.

 

Also shown here is the measurement of how the sales price performed against the original list price.  This is an important factor when determining what to list your home for.

 

The answer to both how long it will take and how much you should list for is, it depends.

 

The location and condition of your home weigh heavily in attracting a buyer.  Determining the right price up front will help you get a buyer and proceed through escrow more quickly.

 

You have control over the condition.  Be sure your home is kept clean and tidy.  It also needs to be available.  Buyers DO NOT like to buy what they can't see.

 

 

 

 

 

What does that boil down to in Average Price per Square Foot?

San Martin September 2013 Average Square Foot Pricing

The average price per square foot is higher than it was a year ago.  

 

Square footage is an interesting way to gauge pricing, but it should not be relied on as the only way.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Show Me The Numbers!

Metrics San Martin September 2013 Trends Data

 

 

Where's the market going from here?

No one knows for sure and only time will tell.  Interest rates continue to be low when compared to years in the past.  Fluctuations don't appear to be discouraging buyers.

 

If you are considering selling your home or buying a home, ask me about getting a no cost comparative market analysis.  I use data directly from the MLS (multiple listing service) which is the most current available.

 

All metrics and data provided here are published with permission from MLS and / or Trendgraphix, Inc.

 

 

 

 

- See more at: http://activerain.com/blogsview/4199519/san-martin-market-report-through-august-2013#sthash.mjr5mzwp.dpuf
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WERC educational merlin falconIn case you're wondering what I do outside real estate, among other things, I'm a volunteer at the Wildlife Education and Rehabilitation Center (www.werc-ca.org).  There's something special about helping others whether people or wildlife that just makes me sleep better at night.

 

You'll find additional resources at my website aimed at helping you and loved ones find ideas and resources we can all use while going through life's journey.

 

Thank you for stopping by my blog and feel free to contact me if I can help you.

Comments (2)

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

Rebecca this is an excellent market report that you are sharing with your local buyers and sellers!

Oct 19, 2013 11:00 AM
Rebecca Foresee
Alain Pinel Realtors - Morgan Hill, CA
Let's foresee the possibilities . and get results!

Mark, Thank you for stopping by and commenting.  Both buyers and sellers can benefit by knowing how the real estate market is trending.

Oct 20, 2013 12:38 AM

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