February 2019 Silicon Valley area real estate stats

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

                                                                               Sam Shueh

                                                                          Realty One Group

                                                       Silicon Valley, CA

 

After a lull especially after fall of prices after summer of 2018, the home sales seem to pick up interest again after the holidays. In Silicon Valley (especially in San Mateo and Santa Clara Counties) the tech economy is still very strong. No sign of slow down. Interest rates actually dipped slightly. The proposed Lyft, Airbnb, and Pinterest stock ipos can create many instantant multi-millionairs who will seek high end homes. More on it later. 

 

Housing Inventory -San Francisco Bay Area 9
  Avg Asking Price 1 mo  trend Avg Sold Price 1 mo  trend Avg DOM: active/sold 1 mo Trend Active Listings 1 mo trend
Alameda County, CA
Single Family Homes $793,243 +2.9% $764,473 +3.61% 48 / 32 -16 / -14 650 93
Luxury Single Family $2,096,490 +1.1% $1,847,923 +13.6% 63 / 37 -20 / 19 215 33
Condo/Townhome $585,695 -2.1% $602,059 +6.8% 45 / 60 -23 / 18 268 50
Luxury Condo/Townhome $979,059 -1.2% $1,021,650 +12.1% 50 / 15 -6 / -4 84 15
Contra Costa County, CA
Single Family $615,063 +3.1% $600,964 +2.9% 61 / 47 -5 / 14 629 -79
Luxury Single Family $2,447,438 +3.4% $1,610,611   96 / 40 -18 / -3 236 8
Condo/Townhomes $435,045 +2.4% $421,242 +4.3% 55 / 55 -6 / 14 165 7
Luxury Condo/Townhomes $876,766 +1.8% $797,250 -9.0% 50 / 18 -23 / 11 52 0
 
San Mateo County, CA
Single Family $1,536,083 +1.0% $1,573,231 +8.15% 53 / 28 -10 / 7 206 -15
Luxury Single Family $8,597,963 +4.5% $8,638,500   101 / 33 -30 / 17 83 12
Condo/Townhome $794,721 +6.8% $764,808 -13.5% 46 / 41 -5 / -13 63 6
Luxury Condo/Townhome $1,710,999 +16.5% $1,318,333 -14.9% 67 / 22 -17 / -4 17 -2
Santa Clara County, CA-Silicon Valley
Single Family $1,189,630 +5.5% $1,131,267 +5.5% 52 / 26 -14 / -4 614 71
Luxury Single Family $3,908,148 -1.8% $2,780,000 +5.5% 77 / 5 -44 / -16 197 35
Condo/Townhomes $743,211 +5.9% $617,486 -3.9% 46 / 48 -16 / 19 308 65
Luxury Condo/Townhomes $1,373,238 +1.4% $1,258,333 -7.2% 50 / 1 -19 / -28 104 25

 

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.  

Prediction of 2018 Silicon Valley Real Estate 

 Silicon Valley Realtor Sam Shueh Website   (Four-O-Eight)  425-1601  

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