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95125 Market Summary

Sat, 26 Apr 2025 04:08:14 GMT

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You may be wondering if there is value in buying or selling your home in Willow Glen. With the current median price for single family homes at $1,625,000 in Willow Glen, and $840,000 for condos and townhomes, I will utilize my experience to help you determine if now is a good time to make a move.

Santa Clara County 2020 Market Summary

Sat, 26 Apr 2025 04:05:06 GMT

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Summary: Pandemic, shelter in place, mass unemployment, terrible financial hardships for many residents and small businesses, new ways of working, office buildings empty, people move, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, IPO mania breaks out again, vaccines begin to arrive – and the real estate market went into hyper-drive, with median home sales prices hitting new peaks. The luxury home market in particular was extremely strong. 2020: a year of extremes.

Market Watch: Introducing Campbell 95008 Area and Recent Market Report

Thu, 14 Jan 2021 22:26:53 GMT

Market Watch: Facts About the House Market in Santa Clara County Since Pandemic Hits

Fri, 13 Nov 2020 22:26:53 GMT

DID YOU KNOW? From a market stat standpoint. Santa Clara County has 1.1 month’s worth of inventory. This is down from 1.7 and 2.1 the prior two years. Percent under contract is at 43% which has been at 33.5% and 29.4% the two prior year. – today’s market

“Homeownership is a piggy bank like none other at this moment in time.”

– Susan Wachter, Wharton professor of real estate economics. (marketplace.org)

DID YOU KNOW? Almost 25% of the 100 largest U.S. cities changed from homeowner- to renter-majority between 2006 and 2016. However, homeownership rates across the US increased during the pandemic — up to 67.9% in the second quarter from 64.1% a year ago. (NAR)

DID YOU KNOW? Total deposits at U.S. commercial banks have swelled to about $15.9 trillion, up from about $13.2 trillion at the start of the year (up over 20%), according to the Federal Reserve. When will all this excess cash be deployed into the economy? Looking at the dreadfully low interest rates these deposits are earning – with inflation looming – one could be certain it’s not a matter of ‘if’ but rather ‘when’. (WSJ)

“The housing inventory has been so low for many years. Since 2018, we’ve been talking about how tight this housing inventory is, and that’s going to continue to help support housing prices and will help homebuilders.”

– Gina Sanchez, founder and CEO of Chantico Global and chief market strategist at Lido Advisors

Q3 2020 data in Santa Clara County shows that:
1. 4-bedroom House are most popular with median Sales price of $1.475m in Santa Clara County since the Pandemic;
2. 63% of the listings accepted offers in Santa Clara County in Q3 2020, increased by 15% compared with Q3 2019;
3. Statistics By Neighborhood in City of San Jose: Almaden is the most popular neighborhood;
4. Long-term Trend since Jan 1991 till now: It always bounced back and goes higher after a short recess;
5. It takes only 22 days for a house get sold in San Jose in Q3 2020;
6. Luxury Homes (sale price above 3 million) Demand Soars after Pandemic in Santa Clara County

Q3 2020 Market Watch and Analysis – Bay Area Homeownership

Fri, 30 Oct 2020 22:26:53 GMT