Monthly Archives: April 2020

FEB. 2020 SANTA CLARA COUNTY STATS

Leave a reply

By: Jeni Pfeiffer, Associate Broker, Realtor®

The real estate market turned quickly and heated up with multiple offers late DEC 2019, JAN and FEB 2020. The market can turn on a dime, and has shown this again. Mortgage interest rates dipped below 3.5%, and the real estate inventory dwindled. With a low supply, and still high demand, with favorable mortgage rates, bidding wars returned! For example, 635 Yosemite Avenue, Mountain View 94041 was listed on 01/30/2020 for $2,448,000 and SOLD 27% “over-asking” to CLOSE at $3,100,000.

As of March 4, 2020, the Bay Area Real Estate currently has 997 ACTIVE Status units (Single Family, Condo and Townhomes available for sale) in the Santa Clara County. FEB 2020 recorded 806 Home SALES ranging from $359,000 (1062 Summershore Court, San Jose 95122) to $8,100,000 (28011 Elena Road, Los Altos Hills 94022), with 28 Average Days on Market DOM. The Average Close Price was $1,337,243 with 46% of the Sales selling between $800,000 – $1,400,000.

CONTACT: Jeni Pfeiffer, Associate Broker, Realtor®

Need Real Estate Advice elsewhere in the U.S.?

Leave a reply

Are you considering purchasing a retirement, vacation or investment home in another area or state such as Washington, Arizona, Oregon, Vermont, Idaho, or Hawaii? Need help?

Stowe Vermont_Jeni Pfeiffer
Stowe Vermont_Jeni Pfeiffer

Through our relationship with Cartus Corporation, a global relocation RELO company, we can offer you connections with Top Relocation Agents throughout the entire United States.

As Real Estate is local, connecting with an expert in your chosen area can help you save time and money, as well, assist in a wise decision for your family and future. The RELO Agent needs to meet a high level of standards in order to be referred, and to provide you with the highest level and quality of service.

This is a complementary service that we offer to our clients. We have had many thrilled and satisfied clients who have used this service.

Please CONTACT ME TODAY at 408-813-4256.

OCT. 2019 SANTA CLARA COUNTY STATS

Leave a reply

By: Jeni Pfeiffer, Associate Broker, Realtor®

The Bay Area Real Estate currently has 2,076 ACTIVE Single Family, Townhomes and Condos listings for Sale in the Santa Clara County. OCT 2019 recorded 1,022 SOLD listings ranging from $7,500,000 (25055 La Loma Drive, Los Altos Hills 94022) to $370,000 (2454 Balme Drive, San Jose 95122), with 35 Average DOM.

OCT SOLD Volume was 18% lower than July’s recordings. The Average Close Price was $1,340,213 with 33% of the Sales selling between $700,000 – $1,000,000. The number of Listings which did not complete a Sale and changed Status to Withdrawn, Expired or Canceled was 408.

Please contact Jeni for the current real estate market trend.