San Mateo County Single Family Homes, Town Homes and Condo Sales Trends. June 2015

Real Estate web site

1824 Camino Leonor, San Jose, Ca 95131. San Jose home for Sale, Real Estate in San Jose.

Welcome to our Open House.

March, 28th and 29th. 2015.

1.30 to 4.30 p.m.

http://www.tourfactory.com/1315214

809 Auzerias Ave. # 437, San Jose, CA 95126. Open House. Sat. & Sun. Feb. 28th & March 1., 2015

Welcome to Our Open House.  Stunning Penthouse Unit, in Down town San Jose, California.

Like new, close to SAP Center, Light Rail, Theatre.

Whole foods.

More details at www.ruthandperry.com

Silicon Valley Town Homes & Condos Trends. Bay Area Real Estate and Homes. www.ruthandperry.com

Here is the Santa Clara County Sales Trends for Town Homes and Condos.

Description	Feb 14	Mar 14	Apr 14	May 14	Jun 14	Jul 14	Aug 14	Sep 14	Oct 14	Nov 14	Dec 14	Jan 15	Feb 15
Sold Average Price	543	579	592	587	587	580	603	597	603	602	558	580	588
List Average Price	540	570	560	551	579	563	580	580	584	553	561	576	612

http://www.ruthandperry.com

How is Housing Really Doing? - Bay Area Homes and Silicon Valley Real Estate

The housing market has made some strides in recent months, but how has it performed compared to 10 years ago? Has the real estate market really dug itself out of the housing crisis?

The National Association of REALTORS® on its Economists’ Outlook blog recently used the latest October housing data to compare existing home sales, median sales prices, and inventory figures to those from 10 years ago. Researchers used the 10-year October average, an average of the data from the past 10 Octobers, to gauge how current market conditions stack up.

Home sales

Leader: October 2014

The number of homes sold was higher in October 2014 than the 10-year October average. That particularly holds true in the Midwest and South. The Northeast and West were the only regions in the country to show current sales below the 10-year October average.

Home prices

Leader: October 2014

The median home price is currently higher than the 10-year October average in all regions except the Northeast. “The median price year-over-year percentage change shows home prices struggling from 2006 to 2011,” NAR economists note on the blog. “Since then home prices began to improve, however, price growth has been decelerating over the last year.” The best price percentage increases occurred in 2005, except in the West, which had its best gains in 2012, NAR economists note. For October 2014, the Midwest had the highest year-over-year price percentage change compared with the other three regions of the United States.

Inventory

Leader: 10-year October average

Home buyers had more options in the past. There was a higher inventory of homes for sale in the 10-year October average than what’s currently available. The nation saw the fastest pace of homes sold relative to inventory in 2004, while 2007 marked the slowest pace, with the months’ supply climbing to 10.6. The 10-year October average months’ supply is 7.2, compared with October 2014, which was at a 5.1 months’ supply.

Source: “October 2014 EHS Data vs. the Ten-Year October Average,” The National Association of REALTORS® Economists’ Outlook Blog (Dec. 2, 2014)


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Here are the trends as of November 20th., for single family home sales in San Mateo County and Santa Clara County.

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