Downtown San Jose, CA -home prices update Dec 2015

By
Real Estate Agent with (408) 425-1601 CA bre 1519182

                                            Sam Shueh

 SamShuehRealtor@gmail.com (four-o-eight) 425-1601

                                                                    your local realtor since 2005

 

                                                                      Total listings SFH =39

                                                 Inventory: 1.3 month (2.5 month is healthy)

                                                 unemployment rate=4.2%

                                                        Sold/Asked=101.3%

                                                        Marketing time= 27 days

                                                        Avg home(1200-1999 sf) *

                                        $599K  (2015 Nov)    $535K (1 yr ago)   +11.9%

                                        $408/sf                        $368/sf                    +10.8%

                          

 95112, 95122, 95116    single family homes 

 

I've called San Francisco South Bay home for over 37 years. We love this area and all it has to offer, and I enjoy sharing what I know about homes.  I documented in several books about Silicon Valley history. I have much expertise in real estate...please give me a call.   SamShuehRealtor at Gmail (Four-O-Eight) 425-1601

Comments (4)

Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Thanks for market update for San Jose, Sam Shueh Your market is so different than my area.

Enjoy the holiday season.

Dec 15, 2015 05:16 AM
Jan Sohlman
RE/MAX Integrity - Eugene, OR
RE/MAX Integrity

Great stats on the inventory and market in your area. The sales prices in your area are considerably higher than in Eugene/Springfield Oregon. Best of luck to you this year and in 2016!

Dec 15, 2015 05:58 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Jan Sohlman 

This is one of the oldest and lowest price enighborhoods in Silicon Valley(San Jose, CA). Some other neighborhoods sellers are asking $1500/sf.  The job is very strong Apple will have another spaceship north of here soon.

Sam

Dec 15, 2015 07:33 AM
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I see your inventory there is having the same challenges as we are here in Louisville.

Dec 15, 2015 07:55 AM

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