Santa Clara County Real estate activities- Mar 2019

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Real Estate Agent with (408) 425-1601 CA bre 1519182
https://activerain.com/droplet/5j4N

                                                                                Sam Shueh

                                                        Realty One Group

                                                      San Jose, CA 95037

 

The largest city in the county is San Jose, nicknamed as Silicon Valley due to abundant technology base. In 2019 there has been several ipos from stocks going public: Lyft, Zoom, Printrest,  Levi Strauss (SF based) generated 1000s of happy millionaires. Soon Uber and Airbnb (both in SFO ) will join the rest of them as public companies.

 

Our craze on overbidding for the last few years seemed to have been on hold. People today are more cautious not to overreact.  Once a dozen or two purchase offers are reduced to a handful, the sold/asked ratio reduces exponentially to full price. After a less active winter it started seeing life again with homes sold fairly quickly. In Santa Clara County the sellers still call the shots. Very rarely I see a price lower than asked is accepted. As the last 40 years here concession is not a commonly used term as there are still more buyers than sellers. 

 

Below are some of the sale statistics for the month of March, 2019.  As one can see the townhomes and condos are less desirable as one can actually own a detached home now. However, hot areas are still steaming hot as before. Those prospect who like a home they need to make an offer right away as procrastination will disappoint many people. "They disappear fast!"

 

 Santa Clara County, Ca Avg List Price 30 day Trend Avg Sold Price 30 day Trend Avg DOM: active/sold 30 day Trend # Active Listings 30 day Trend
     
Single Family $1,312,128 +2.8% $1,289,233 +18.9% 37 / 17 -5 / 0 790 89
Luxury Single Fam $4,160,879 +3.7% $3,355,085 +5.3% 58 / 13 -4 / -18 257 39
Condo/Townhome $749,395 -0.7% $  690,500 -15.3% 34 / 23 -5 / 10 397 52
Luxury Condo/TH $1,380,720 -1.5% $1,369,333 -7.4% 46 / 15 -4 / 4 132 23


Sam Shueh Realtor Google Map 

 

Sam ShuehRealtor    Phone (4-0-8)  425-1601   

 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 and technology...please give me a call. 

SamShuehRealtor@ Gmail.com

Advice of realtors wanting to get into Silcon Valley 

 Silicon Valley Realtor Sam Shueh Website   

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California Santa Clara County San Jose
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Rainmaker
3,162,187
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

San Francisco is certainly a unique market and enjoyed by residents...oh the hills and streetcars....unique shops...lots to offer !

Apr 19, 2019 12:26 AM #1
Rainmaker
3,132,250
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Sam. Buyers need a professional to help guide them for sure. Enjoy your day!

Apr 19, 2019 04:27 AM #2
Ambassador
1,897,113
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Hello Sam Shueh  Interesting market report on Santa Clara County Ca Anyone looking in this area would be wise to give you a call as you do have a vast knowledge of this Location 

Apr 19, 2019 06:42 AM #3
Rainmaker
976,198
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

There are plans to charge tourists a fee to drive along Lombard Street crookest street. I recall there was one for sale for $800K about 10 years ago.

Apr 19, 2019 10:26 AM #4
Rainmaker
3,108,864
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

You know this area well, and buyers and sellers should call you for your expertise in this Real Estate market!

Apr 20, 2019 04:30 AM #5
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Rainmaker
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Sam Shueh

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