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Marcy Moyer's Blog

By Marcy Moyer | Agent in Palo Alto, CA

Santa Clara Ca Real Estate Market Update 5/5/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 40 single family Santa Clara homes for sale, up from 32 last week.

There are currently 20 Santa Clara town homes/condos for sale, down from 21 last week.

There are currently 60 pending sales of Santa Clara single family homes, down from 62 last week.

There are currently 42 pending sales of Santa Clara town homes/Condos, up from 41 last week.

In April of 2013 there were 39 single family Santa Clara homes sold, 3 less than the number in March.,  ranging in price from $540,000 to $1,250,000. This shows an increase in price range of 10% for the lowest priced home sold. The highest is the same as March.

In April of 2013 there were 27 Santa Clara Town Homes/Condos sold, only one more than in March.  They ranged in price from $225,000 to $805,000. Again the low end is about 10% higher and the high end about the same. what is more significant is that the lowest priced condo at $225,000 was a short sale so the contract date was many months earlier. The lowest priced traditonal sale was $275,000.  The lowest price traditional sale in March was $225,000. This shows over a 20% increase in the low end.

 

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-928

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