San Martin, CA Housing Trends January 2014 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)
According to the MLS on 12 March 2014, there were 19 homes for sale in San Martin as the number of homes continues to outpace buyers so far this year. Why is it a "Buyer's Market" in San Martin? Each home is unlike every other, making them a wonderful opportunity for Buyers to consider.
Here are the price ranges and how many homes are available.
| 1 Home for sale |
$0,000 - $500,000 |
| 1 Homes for sale |
$500,001 - $700,000 |
| 3 Homes for sale |
$700,001 - $1,000,000 |
| 14 Homes for sale |
$1,000,001 and over |
If variety is the spice of life, homes in San Martin won't disappoint. Nearly all of them come with a generous lot size and the homes themselves range in age and size from small to very large.
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 your consideration - especially if you support local farming efforts.
A Closer Look at Average and Median Pricing
When studying trends, be sure to consider all the factors so you understand what is driving them.
Continuous Days on Market & List Price Performance
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
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.
You can get a free home value estimate online, but they won't be tailored to your situation. Let's get together and make sense out of the numbers. Current and accurate information, with your circumstances as the focus, helps you make better informed decisions.
Numbers behind the trends:
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 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!
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