San Francisco Bay Area Home Prices Stabilized -summer 2018

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

            Santa Clara County

San Jose City SFH 3-4 br avg size homes(1100-2000 sf)

          $/sf      Sold vs asked   Avg Sold price  Market Time(DOM)

Apr     -             115%             $1.228M             10 days

May   +.5%       114%             $1.235                11 days

June   -9%          109%            $1.185                12 days

July   -5%           107%            $1.131               15 days

San Mateo County
Apr     +12%      114%           $1.685M            11 days
May    -11%      115%            $1.534M            13 days 
June   +4.5%     114%            $1.531M            14 days
July    -2.2%     111%            $1.517M             15 days
Alameda County
Apr +2.6% 112% $941K 14 days

May +3.8% 112% $976K 12 days
June 0 111% $987K 14 days
July -1.4% 109% $952K 24 days

Major Reason is there are 10-15% more homes available than same period 2017.
With more rate hike increase and inflationary concerns from Trade War home prices
can be more normalized. The local economy is still strong.

If you have questions on properties that you wish to sell or purchase. Please give a call.  I am never busy for your referrals.

Sam Shueh Realtor

 I've called San Francisco South Bay home for over many 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.  

   (FOUR O EIGHT)  425-1601 

 

SOURCE:  

Shueh, Sam  How is my Silicon Valley home worth? (Silicon Valley Home Values)

Shueh, Prediction of 2018 Home Prices in San Francisco Bay Area 

Shueh, Sam    (Real EstateBlogs)

Shueh, Sam    (My Website)   

Forbes Real Estate Council Ten technologies will change real estate  

Weber, How Robots will disruptive Real Estate  

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Rainmaker
1,449,393
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Amazing market! Sold price is higher than asking! 

Done, we are moving to your area. 

Thank you, Sam, great market update!

Jul 12, 2018 06:34 PM #1
Rainmaker
984,394
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Evelina Tsigelnitskaya 

Just here and Seattle are that way.  Better neighborhoods are like 30% higher to get it. Why Seattle? Microsoft, Amazon, Google, Zillow, Redfin ..... 

Why here? Tech this time.

 

Jul 12, 2018 06:44 PM #2
Rainmaker
984,394
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Santa Clara County SOLD vs Listed SFHs(1100-2000 sf)

Aug 01, 2018 06:30 PM #3
Rainmaker
4,020,293
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sam, you DO have a crazy market, but looks like it is cooling off just a bit.

Sep 13, 2018 03:59 PM #4
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Rainmaker
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Sam Shueh

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