For those of you interested in Silicon Valley real estate by town and neighborhood, and would like to see what have been the # of sales and the Median Price for Q2 2015 as compared to Q2 2014?. ..the report also shares the CDOM, Months of Inventory, and YTD numbers by area ~ take a look at this lovely *new* Alain Pinel interactive online report*
While the Silicon Valley economy bustles, rental prices are very high, and price of real estate has made the familiar leap up.. the single family median sales price for Santa Clara County now stands at $998,000 and the average sales price is 107% above the asking price.
Buyers may have a reason to be optimistic as well; there is a general historical trend of increased overall inventory moving into the summer and fall. This probably won’t translate into a softening of prices, but it will offer buyers more options in their home searches.
Take a look ~> a very succinct visual ~ like it!*
Investing in your own home here in Silicon Valley continues to be a great idea for those who plan to stay awhile*
Visit my website * www.ElizabethTuckerHomes.com for more info on the unique Silicon Valley lifestyle
*Integrity, Value & Service*