San Jose Real Estate * REALTOR ® * Richard Gonzalez » January http://Siliconvalleybrokerblog.com Living in the Silicon Valley - News, Views, and Statistics Fri, 13 Apr 2012 16:10:14 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Santana Row – Real Estate Market Update January to February 2011 http://Siliconvalleybrokerblog.com/2011/03/08/santana-row-real-estate-market-update-january-to-february-2011/ http://Siliconvalleybrokerblog.com/2011/03/08/santana-row-real-estate-market-update-january-to-february-2011/#comments Tue, 08 Mar 2011 19:50:18 +0000 Richard Gonzalez http://rgonzalez.blogs.rwnetwork.com/?p=1172

]]> http://Siliconvalleybrokerblog.com/2011/03/08/santana-row-real-estate-market-update-january-to-february-2011/feed/ 0 January 2010 Sales Data Santa Clara County http://Siliconvalleybrokerblog.com/2010/03/03/january-2010-sales-data-santa-clara-county/ http://Siliconvalleybrokerblog.com/2010/03/03/january-2010-sales-data-santa-clara-county/#comments Wed, 03 Mar 2010 19:11:50 +0000 Richard Gonzalez http://rgonzalez.blogs.rwnetwork.com/?p=831 I uploaded the latest sales data to youtube. Please take a moment to watch this three minute video.

January 2010 sales data for Santa Clara County.

]]> http://Siliconvalleybrokerblog.com/2010/03/03/january-2010-sales-data-santa-clara-county/feed/ 0 Santa Clara County Sales Volume and Median Price is UP in January 2010 http://Siliconvalleybrokerblog.com/2010/02/19/santa-clara-county-sales-volume-and-median-price-is-up-in-january-2010/ http://Siliconvalleybrokerblog.com/2010/02/19/santa-clara-county-sales-volume-and-median-price-is-up-in-january-2010/#comments Fri, 19 Feb 2010 21:29:30 +0000 Richard Gonzalez /?p=773 Santa Clara County sales are down but so is the inventory reported DQNews.com. The article published today states that January 2010 sales are down from December 2009 but those are normal levels for this time of year.

Limited inventory equals less sales activity

The article also attributes this to various factors including tax credit, financing and lack of inventory. I know this already but in our case  our clients are experiencing very limited inventory as the main factor.

Trend should continue in 2010

While sales have fallen in recent months we are going to continue to see this trend in the Silicon Valley mostly because of HAFA and as the demand for housing continues to remain high. Another contributing factor is that sellers not in foreclosure who would normally consider selling are staying put as the economy continues to recover.

The chart below shows in increase in sales volume for Santa Clara County and an improvement in the Median sales price.

Sales
Volume		 Median
Price
County Jan-09 Jan-10 %Chng Jan-09 Jan-10 %Chng
Alameda 994 936 -5.8% $300,000 $341,000 13.7%
Contra Costa 1,333 1,078 -19.1% $220,000 $257,250 16.9%
Marin 122 153 25.4% $525,000 $535,000 1.9%
Napa 78 87 11.5% $370,000 $350,000 -5.4%
Santa Clara 1,037 1,137 9.6% $400,000 $451,000 12.8%
San
Francisco		 229 311 35.8% $562,000 $629,000 11.9%
San
Mateo		 273 355 30.0% $489,500 $579,000 18.3%
Solano 560 462 -17.5% $192,500 $201,000 4.4%
Sonoma 424 334 -21.2% $299,750 $325,000 8.4%
Bay
Area		 5,050 4,853 -3.9% $300,000 $350,000 16.7 
source dqnews.com

Click here to read the DQNews article
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