The official November real estate market stats are in. Comparing November 2019 with the previous year, the median home sale price in Santa Clara County hasn’t budged; it remains at $1.25 million. However, that doesn’t provide the full picture. Inventory Dropping, Homes Sell in 1.3 Months The following is the full Santa Clara County […]

Home Equity translates into buying and selling power. While home prices have remained relatively flat — depending upon neighborhood — Bay Area real estate has experienced dramatic appreciation over the last several years. When appreciation rises, so does home equity. And that bodes well for homeowners. Homeowner Length Trends The average U.S. homeowner stays in […]

Finally some good news from the National Association of Realtors. February existing-home sales rebounded. Strongly. Up 11.8% which is the largest month-over-month gain since December 2015. Three of the four major U.S. regions saw gains. The exception? The Northeast. In general, the median existing house price increased 3.6 percent from a year ago to $249,500 […]

Autumn has officially arrived and the third quarter real estate statistics are in. Let’s look at how September 2018 compares to this time last year. Santa Clara County Market Report There were some notable changes to the single-family home market when comparing September 2018 with September 2017: There were fewer sales despite growing inventory. Sales […]

The first half of 2018 is officially over. So far, the year-to-date numbers are showing positive real estate growth. Single Family Homes When comparing June 2018 with June 2017, Santa Clara County sellers who listed their single-family homes saw several positive gains: The median sales price grew nearly 20%. Overall, SFH values have increased from […]