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July 17, 2008

SF Silicon Valley Housing Market Update for June 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San José - Silicon Valley area served by ZipRealty:

Average Sales Price May-08 Jun-08 Change
⇑ or ⇓
San José $642,607 $609,529
Cupertino $1,147,337 $1,105,419
Palo Alto $1,307,444 $1,686,913
Milpitas $556,347 $542,908
Mountain View $799,316 $827,915
Santa Clara $611,026 $737,339
Saratoga $1,682,287 $1,772,625
Sunnyvale $827,227 $842,504
Santa Cruz $777,881 $693,879
Hollister $334,512 $337,673


# Transactions Mar-08 Apr-08 Change
⇑ or ⇓
San José 519 607
Cupertino 58 50
Palo Alto 57 63
Milpitas 29 23
Mountain View 62 45
Santa Clara 72 75
Saratoga 31 20
Sunnyvale 91 81
Santa Cruz 48 45
Hollister 34 39

Talk with a local San José & Peninsula Real Estate Agent. Read detailed neighborhood profiles in San Francisco Bay Area, CA. Search for Silicon Valley/San José - South Bay homes and condos for sale. All numbers are from the MLS and are deemed reliable but not guaranteed as of 7/15/2008.

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