Saturday, September 8, 2018

Cambrian, San Jose, Ca. Real estate trend report. August 2018.

Looking for homes in Cambrian, San Jose go to:

www.ruthandperry.com

SAN JOSE | CAMBRIAN
MARKET SUMMARY
August 2018 | All Property Types (SFH & Condos/Townhomes)
MarketMonth to DateYear to Date
SummaryAugust 2018August 2017Percent ChangeYear-To-Date 2018Year-To-Date 2017Percent Change
New Listings837412.16% 65559310.46% 
Sold Listings7182-13.41% 499531-6.03% 
Median Listing Price$1,199,000$998,88820.03% $1,170,000$950,00023.16% 
Median Selling Price$1,258,000$1,105,50013.79% $1,300,000$1,040,00025% 
Median Days on Market12850% 9812.5% 
List/Sell Price Ratio104.4%108%-3.37% 111.7%106.3%5.13% 
Average Listing Price$1,180,865$1,041,08013.43% $1,151,784$987,55316.63% 
Average Selling Price$1,230,233$1,119,5719.88% $1,282,215$1,048,09522.34% 
Average Days on Market221283.33% 1213-7.69% 
SOLD AND NEW PROPERTIES (UNITS)
August 2018 | All Property Types (SFH & Condos/Townhomes)
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

SAN JOSE | CAMBRIAN
MEDIAN SALES PRICE AND NUMBER OF SALES
August 2018 | All Property Types (SFH & Condos/Townhomes)
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
August 2018 | All Property Types (SFH & Condos/Townhomes)

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SAN JOSE | CAMBRIAN
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
August 2018 | All Property Types (SFH & Condos/Townhomes)
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
August 2018 | All Property Types (SFH & Condos/Townhomes)


Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

SAN JOSE | CAMBRIAN
PROPERTIES FOR SALE AND SOLD PROPERTIES
August 2018 | All Property Types (SFH & Condos/Townhomes)
AVERAGE ASKING/SOLD/UNSOLD PRICE
August 2018 | All Property Types (SFH & Condos/Townhomes)
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

SAN JOSE | CAMBRIAN
ABSORPTION RATE
August 2018 | All Property Types (SFH & Condos/Townhomes)
MONTHS SUPPLY OF INVENTORY
August 2018 | All Property Types (SFH & Condos/Townhomes)
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Months Supply of Inventory | Properties for sale divided by number of properties sold.


Any  questions call   408-898-1948.