San Martin, CA Housing Trends Year End 2013 Report

By
Real Estate Agent with Alain Pinel Realtors CA BRE 01914367

San Martin Sunset September 2013

San Martin, CA Housing Trends Year End 2013 Report

 

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!

 

 

Homes For Sale vs. Sold vs. Pending (In Escrow)

San Martin Housing Trends Year End 2013

 

According to the MLS on 12 January 2014, there were 13 homes for sale in San Martin.  Here are the price ranges and how many homes are available.

1 Home for sale
$0,000 - $500,000
1 Home for sale
$500,001 - $700,000
4 Homes for sale
$700,001 - $1,000,000
7 Homes for sale
$1,000,001 and over

 

Homes in San Martin generally come with a generous lot size.  Dwelling sizes range in age and size from small to large.  The largest dwelling currently is 24,000 square feet - yes, the home itself - for $7,999,950.

 

 

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 San Martin 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.

 

 

A Closer Look at Average and Median Pricing

San Martin Housing Trends Year End 2013 Report

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

 

 

When studying trends, be sure to consider all the factors so you understand what is driving them.

 

 

Continuous Days on Market & List Price Performance

San Martin Housing Trends Year End 2013 Report

In this view we consider how many days a home stays active on the market before an offer is accepted by the seller.  You'll also note the sales price compared to the original list price in a percentage. 

 

 

Some homes will remain on the market longer than others because of their situation.  Maybe they're located near the largest lost planet disposal site on earth (not here, by the way) - that can be a factor which would keep a home on the market longer.

 

 

Another factor is the original list price.  A properly priced home is likely to sell faster than one out of step with the market.

 

 

San Martin Average Price Per Square Foot

San Martin Housing Trends Year End 2013 Report

 

Average prices should be used as a rough yardstick in measuring value of homes unless each home is identical.  There are different locations, materials, styles and so many other factors that need to be considered. 

 

 

My free comparative market analysis (CMA) takes into account like properties and are specific to your situation.

 

 

Numbers behind the trends:

San Martin Housing Trends Year End 2013 Report

 

All data is provided with input from MLS Listings and Trendgraphix, Inc. which includes copyrighted data and/or graphs and is provided here with permission.

 

 

If you have questions about this San Martin, CA housing trends year end 2013 report or if I can help you find the answers for your situation, please contact me.

 

 

As always, let's foresee the possibilities . . . and get results!

 

Posted by

 

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 (3)

Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Wow. You put a lot of work into this market report. Nicely done. 

Jan 12, 2014 05:23 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Rebecca, I agree with Joan...this market report took time to do, and provide a lot of information for consumers looking to buy in San Martin CA.

Jan 12, 2014 05:51 AM
Rebecca Foresee
Alain Pinel Realtors - Morgan Hill, CA
Let's foresee the possibilities . and get results!

Belinda, Our consumers deserve the best information we can provide.  Thank you for your vote of confidence.

 

Hi Rebecca, I've settled on a format after many monthly reports.  Since the reports are at a summary level, clients really need individual consultations to best protect their interests.  Thank you for your comment.

Jan 12, 2014 06:25 AM

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