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May 01, 2008

Bay Area Housing Market Inventory for April 2008

Here is a top-level summary of the number of available homes for sale in the San Francisco Bay Area served by ZipRealty. This data is for single family and condo homes only.  These numbers represent the end-of-month inventory levels in the following counties:

County Mar-08 Apr-08 %
Change
⇑ or ⇓
Alameda 6,770 7,067 4%
Contra Costa 7,690 7,782 1%
Marin 955 916 -4%
Napa 876 1,128 18%
San Benito 358 370 3%
San Francisco 1,342 1,452 8%
San Mateo 2,332 2,415 4%
Santa Clara 6,929 7,316 6%
Santa Cruz 1,246 1,272 2%
Solano 3,202 3,156 -1%
Sonoma 2,479 2,590 4%

Talk with a local Los Angeles/San Fernando Valley Real Estate Agent.  Search for San Francisco & Peninsula, East Bay and North Bay, and South Bay/Silicon Valley homes and condos for sale.  Read neighborhood overviews for more than eighty-five Bay Area real estate communities. All numbers are from the MLS and are deemed reliable but not guaranteed, as of 5/1/2008.

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April 17, 2008

San Jose - Silcon Valley Housing Market Snapshot for March 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 Feb-08 Mar-08 Change
⇑ or ⇓
San José $673,625 $676,223
Cupertino $1,139,200 $1,200,848
Palo Alto $1,594,441 $1,627,938
Milpitas $716,192 $531,419
Mountain View $767,371 $943,825
Santa Clara $659,888 $625,038
Saratoga $1,693,271 $1,428,587
Sunnyvale $783,013 $867,133
Santa Cruz $697,104 $601,860
Hollister $371,769 $362,381


# Transactions Feb-08 Mar-08 Change
⇑ or ⇓
San José 236 400
Cupertino 25 29
Palo Alto 22 43
Milpitas 13 13 -
Mountain View 29 48
Santa Clara 53 52
Saratoga 21 26
Sunnyvale 45 62
Santa Cruz 20 35
Hollister 16 16 -

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 4/15/2008.

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April 09, 2008

April 2008 - Available homes for sale update for San Francisco Bay Area

Here is a top-level summary of the number of available homes for sale in the San Francisco Bay Area served by ZipRealty. This data is for single family and condo homes only.  These numbers represent the end-of-month inventory levels in the following counties:

County Feb-08 Mar-08 Change
%
Change
⇑or⇓
Alameda 6,439 6,770 5%
Contra Costa 7,415 7,690 4%
Marin 763 955 25%
Napa 857 876 2%
San Benito 336 358 7%
San Francisco 1,210 1,342 11%
San Mateo 2,332 2,415 4%
Santa Clara 6,315 6,929 10%
Santa Cruz 1,149 1,246 8%
Solano 3,275 3,202 -2%
Sonoma 2,462 2,479 1%

Search for San Francisco & Peninsula, East Bay and North Bay, and South Bay/Silicon Valley homes and condos for sale.  Read neighborhood overviews for more than 85 Bay Area real estate communities.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 4/7/2008.

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March 17, 2008

Silicon Valley/Bay Area MLS Snapshot for February 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 Francisco Bay Area (Silicon Valley) area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
San Jose 271 $669,407 230 $676,621
Cupertino 13 $970,591 25 $1,139,200
Palo Alto 17 $2,115,941 22 $1,594,441
Milpitas 14 $606,143 13 $716,192
Mountain View 22 $722,792 29 $767,371
Santa Clara 33 $616,009 53 $659,888
Sunnyvale 23 $736,721 45 $783,013
Saratoga 21 $1,653,452 21 $1,693,271
Santa Cruz 28 $799,272 20 $697,104
Hollister 11 $451,227 16 $371,769

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for Silicon Valley/San Jose - South Bay homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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February 27, 2008

San Francisco Silicon Valley-South Bay Market Snapshot for January 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 Francisco Bay Area (Silicon Valley) area served by ZipRealty:

City # Transactions January 2008
Average Sales Price
San Jose 264 $673,104
Cupertino 13 $970,591
Palo Alto 17 $2,115,941
Santa Clara 33 $616,009
Mountain View 22 $722,792
Milpitas 14 $606,143
Sunnyvale 23 $736,721
Saratoga 21 $1,653,452
Santa Cruz 28 $799,272
Hollister 11 $451,227

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for Silicon Valley/San Jose - South Bay homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 2/21/2008.

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January 22, 2008

Menlo Park, CA Market Update for December 2007

Here are the latest real estate market statistics for Menlo Park, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 29.4%*

Average November 2007 December 2007 % Change
Asking Price $1,285,174 $1,162,878 -9.5%
Sales Price $1,273,297 $1,135,593 -10.8%
% of Asking Price 99% 98% -1.0%
$/SQFT $687 $668 5.4%
Days on Market 29 46 58.6%
Total Transactions 31 27 -12.9%

Search for homes in Menlo Park, CA and read a neighborhood overview of the Menlo Park, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 85 properties on the market with 25 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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San Mateo, CA December 2007 MLS Recap

Here are the latest real estate market statistics for San Mateo, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 36.8%*

Average November 2007 December 2007 % Change
Asking Price $862,793 $909,091 5.4%
Sales Price $1,032,729 $889,336 -13.9%
% of Asking Price 120% 98% -18.3%
$/SQFT $679 $568 -16.3%
Days on Market 38 47 23.7%
Total Transactions 69 52 -24.6%

Search for homes in San Mateo, CA and read a neighborhood overview of the San Mateo, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 247 properties on the market with 91 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Santa Cruz, CA Market Update for December 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 50.0%*

Average November 2007 December 2007 % Change
Asking Price $872,314 $997,876 14.4%
Sales Price $846,983 $955,397 12.8%
% of Asking Price 97% 96% -1.0%
$/SQFT $526 $563 7.0%
Days on Market 76 99 30.3%
Total Transactions 39 27 -30.8%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 298 properties on the market with 149 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 21, 2008

Palo Alto, CA Market Update for December 2007

Here are the latest real estate market statistics for Palo Alto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 27.3%*

Average November 2007 December 2007 % Change
Asking Price $1,382,315 $1,543,396 11.7%
Sales Price $1,437,538 $1,609,004 11.9%
% of Asking Price 104% 104% 0.0%
$/SQFT $797 $843 5.8%
Days on Market 31 33 6.5%
Total Transactions 39 20 -48.7%

Search for homes in Palo Alto, CA and read a neighborhood overview of the Palo Alto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 44 properties on the market with 12 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Santa Clara, CA Market Update for December 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 34.0%*

Average November 2007 December 2007 % Change
Asking Price $712,287 $675,073 -5.2%
Sales Price $699,971 $663,258 -5.2%
% of Asking Price 98% 98% 0.0%
$/SQFT $481 $450 -6.4%
Days on Market 41 54 31.7%
Total Transactions 70 51 -27.1%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 303 properties on the market with 103 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Mountain View, CA Market Update for December 2007

Here are the latest real estate market statistics for Mountain View, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.0%*

Average November 2007 December 2007 % Change
Asking Price $803,783 $789,637 -1.8%
Sales Price $801,011 $798,841 -0.3%
% of Asking Price 100% 101% 1.0%
$/SQFT $579 $589 1.7%
Days on Market 55 38 -30.9%
Total Transactions 27 29 7.4%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 109 properties on the market with 36 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 20, 2008

Cupertino, CA Market Update for December 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 25.7%*

Average November 2007 December 2007 % Change
Asking Price $1,039,976 $1,123,324 8.0%
Sales Price $1,037,971 $1,132,109 9.1%
% of Asking Price 100% 101% 1.0%
$/SQFT $623 $610 -2.1%
Days on Market 25 41 64.0%
Total Transactions 38 26 -31.6%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 70 properties on the market with 18 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 28, 2007

San Mateo, CA October 2007 MLS Recap

Here are the latest real estate market statistics for San Mateo, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.4%*

Average September 2007 October 2007 % Change
Asking Price $866,432 $935,896 8.0%
Sales Price $864,205 $925,719 7.1%
% of Asking Price 100% 99% -1.0%
$/SQFT $591 $588 -0.5%
Days on Market 43 34 -20.9%
Total Transactions 57 68 19.3%

Search for homes in San Mateo, CA and read a neighborhood overview of the San Mateo, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 11/7/2007: 348 properties on the market with 151 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Menlo Park, CA Market Update for October 2007

Here are the latest real estate market statistics for Menlo Park, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.9%*

Average September 2007 October 2007 % Change
Asking Price $1,293,168 $1,533,976 18.6%
Sales Price $1,286,646 $1,520,202 18.2%
% of Asking Price 100% 99% -1.0%
$/SQFT $679 $716 5.4%
Days on Market 30 24 -20.0%
Total Transactions 24 34 36.0%

Search for homes in Menlo Park, CA and read a neighborhood overview of the Menlo Park, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 11/7/2007: 113 properties on the market with 44 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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October 05, 2007

Menlo Park, CA Market Update for August 2007

Here are the latest real estate market statistics for Menlo Park, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 28.2%*

Average July 2007 August 2007 % Change
Asking Price $1,255,067 $1,175,322 -6.4%
Sales Price $1,275,550 $1,185,841 -7.0%
% of Asking Price 102% 101% -1.0%
$/SQFT $716 $674 -5.9%
Days on Market 43 37 -14.0%
Total Transactions 46 51 10.9%

Search for homes in Menlo Park, CA and read a neighborhood overview of the Menlo Park, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 103 properties on the market with 29 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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October 03, 2007

Palo Alto, CA Market Update for August 2007

Here are the latest real estate market statistics for Palo Alto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 21.9%*

Average July 2007 August 2007 % Change
Asking Price $1,297,185 $1,620,721 24.9%
Sales Price $1,359,926 $1,685,464 23.9%
% of Asking Price 105% 104% -1.0%
$/SQFT $831 $864 4.0%
Days on Market 36 22 -38.9%
Total Transactions 58 53 -8.6%

Search for homes in Palo Alto, CA and read a neighborhood overview of the Palo Alto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 73 properties on the market with 16 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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October 02, 2007

Santa Clara, CA Market Recap for August 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 35.0%*

Average July 2007 August 2007 % Change
Asking Price $687,928 $660,842 -3.9%
Sales Price $691,207 $661,245 -4.3%
% of Asking Price 100% 100% 0.0%
$/SQFT $485 $486 0.2%
Days on Market 46 33 -28.3%
Total Transactions 88 76 -13.6%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 363 properties on the market with 127 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Mountain View, CA Market Update for August 2007

Here are the latest real estate market statistics for Mountain View, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 19.4%*

Average July 2007 August 2007 % Change
Asking Price $791,002 $881,589 11.5%
Sales Price $818,138 $907,544 10.9%
% of Asking Price 103% 103% 0.0%
$/SQFT $585 $585 0.0%
Days on Market 43 23 -46.5%
Total Transactions 65 57 -12.3%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 129 properties on the market with 25 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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October 01, 2007

Cupertino, CA Market Update for August 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 13.5%*

Average July 2007 August 2007 % Change
Asking Price $1,166,249 $1,178,856 1.1%
Sales Price $1,174,348 $1,187,150 1.1%
% of Asking Price 101% 101% 0.0%
$/SQFT $577 $615 6.6%
Days on Market 50 29 -42.0%
Total Transactions 64 47 -26.6%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 89 properties on the market with 12 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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September 26, 2007

Santa Cruz, CA Market Update for August 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 52.6%*

Average July 2007 August 2007 % Change
Asking Price $831,045 $803,495 -3.3%
Sales Price $812,995 $787,360 -3.2%
% of Asking Price 98% 98% 0.0%
$/SQFT $532 $506 -4.9%
Days on Market 90 58 -35.6%
Total Transactions 64 50 -21.9%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 392 properties on the market with 206 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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September 08, 2007

Mountain View, CA Market Update for July 2007

Here are the latest real estate market statistics for Mountain View, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 16.1%*

Average June 2007 July 2007 % Change
Asking Price $739,823 $791,002 6.9%
Sales Price $770,114 $818,138 6.2%
% of Asking Price 104% 103% -1.0%
$/SQFT $556 $585 5.2%
Days on Market 45 43 -4.4%
Total Transactions 60 65 8.3%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 87 properties on the market with 14 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 31, 2007

Cupertino, CA Market Update for July 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 20.3%*

Average June 2007 July 2007 % Change
Asking Price $1,048,909 $1,166,249 11.2%
Sales Price $1,061,324 $1,174,348 10.6%
% of Asking Price 101% 101% 0.0%
$/SQFT $619 $577 -6.8%
Days on Market 47 50 6.4%
Total Transactions 56 64 14.3%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 74 properties on the market with 15 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 26, 2007

San Jose, CA Market Update for July 2007

Here are the latest real estate market statistics for San Jose, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 37.6%*

Average June 2007 July 2007 % Change
Asking Price $761,657 $743,255 -2.4%
Sales Price $760,107 $737,901 -2.9%
% of Asking Price 100% 99% -1.0%
$/SQFT $456 $457 0.2%
Days on Market 65 66 1.5%
Total Transactions 629 564 -10.3%

Search for homes in San Jose, CA and read a neighborhood overview of the San Jose, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 3,884 properties on the market with 1,461 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 20, 2007

Santa Clara, CA Market Update for July 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.9%*

Average June 2007 July 2007 % Change
Asking Price $666,111 $687,928 3.3%
Sales Price $668,129 $691,207 3.5%
% of Asking Price 100% 100% 0.0%
$/SQFT $488 $485 -0.6%
Days on Market 53 46 -13.2%
Total Transactions 90 88 -2.2%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 301 properties on the market with 102 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 15, 2007

Palo Alto, CA Market Update for July 2007

Here are the latest real estate market statistics for Palo Alto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 26.1%*

Average June 2007 July 2007 % Change
Asking Price $1,535,633 $1,297,185 -15.5%
Sales Price $1,600,850 $1,359,926 -15.0%
% of Asking Price 104% 105% 1.0%
$/SQFT $856 $831 -2.9%
Days on Market 39 36 -7.7%
Total Transactions 71 58 -18.3%

Search for homes in Palo Alto, CA and read a neighborhood overview of the Palo Alto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 46 properties on the market with 12 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 11, 2007

Santa Cruz, CA Market Update for July 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.4%*

Average June 2007 July 2007 % Change
Asking Price $863,941 $831,045 -3.8%
Sales Price $854,052 $812,995 -4.8%
% of Asking Price 99% 98% -1.0%
$/SQFT $567 $532 -6.2%
Days on Market 65 90 38.5%
Total Transactions 54 64 18.5%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 366 properties on the market with 148 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 08, 2007

Cupertino, CA Market Update for June 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 20.5%*

Average May 2007 June 2007 % Change
Asking Price $1,027,892 $1,048,909 2.0%
Sales Price $1,100,304 $1,061,324 -3.5%
% of Asking Price 107% 101% -5.6%
$/SQFT $657 $619 -5.8%
Days on Market 29 47 62.1%
Total Transactions 72 56 -22.2%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 83 properties on the market with 17 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 30, 2007

Santa Cruz, CA Market Update for June 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.2%*

Average May 2007 June 2007 % Change
Asking Price $849,150 $863,941 1.7%
Sales Price $837,585 $854,052 2.0%
% of Asking Price 99% 99% 0.0%
$/SQFT $559 $567 1.4%
Days on Market 81 65 -19.8%
Total Transactions 53 54 1.9%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 335 properties on the market with 128 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 25, 2007

Mountain View, CA Market Update for June 2007

Here are the latest real estate market statistics for Mountain View, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 24.0%*

Average May 2007 June 2007 % Change
Asking Price $775,582 $739,823 -4.6%
Sales Price $803,759 $770,114 -4.2%
% of Asking Price 104% 104% 0.0%
$/SQFT $548 $556 1.5%
Days on Market 34 45 32.4%
Total Transactions 74 60 -18.9%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 75 properties on the market with 18 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 20, 2007

Palo Alto, CA Market Update for June 2007

Here are the latest real estate market statistics for Palo Alto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 20.4%*

Average May 2007 June 2007 % Change
Asking Price $1,524,768 $1,535,633 0.7%
Sales Price $1,604,411 $1,600,850 -0.2%
% of Asking Price 105% 104% -1.0%
$/SQFT $853 $856 0.4%
Days on Market 34 39 14.7%
Total Transactions 75 71 -5.3%

Search for homes in Palo Alto, CA and read a neighborhood overview of the Palo Alto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 49 properties on the market with 10 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 15, 2007

Santa Clara, CA Market Update for June 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 32.3%*

Average May 2007 June 2007 % Change
Asking Price $690,225 $666,111 -3.5%
Sales Price $687,241 $668,129 -2.8%
% of Asking Price 100% 100% 0.0%
$/SQFT $524 $488 -6.9%
Days on Market 50 53 6.0%
Total Transactions 92 90 -2.2%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 254 properties on the market with 82 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 13, 2007

San Jose, CA Market Update for June 2007

Here are the latest real estate market statistics for San Jose, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 37.0%*

Average May 2007 June 2007 % Change
Asking Price $751,321 $761,657 1.4%
Sales Price $753,365 $760,107 0.9%
% of Asking Price 100% 100% 0.0%
$/SQFT $462 $456 -1.3%
Days on Market 61 65 6.6%
Total Transactions 631 629 -0.3%

Search for homes in San Jose, CA.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 3,591 properties on the market with 1,328 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 07, 2007

Cupertino, CA Market Update for May 2007

Here are the latest real estate market statistics for Cupertino, CA  area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 12.0%*

Average April 2007 May 2007 % Change
Asking Price $1,108,667 $1,027,892 -7.3%
Sales Price $1,154,389 $1,100,304 -4.7%
% of Asking Price 104% 107% 2.9%
$/SQFT $681 $657 -3.5%
Days on Market 39 29 -25.6%
Total Transactions 40 26 -35.0%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 83 properties on the market with 10 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.