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