Reported by Pat Dulleck, Broker, ePro, CRS, SRES, ALHS, Realtor
Updated January 9, 2009.
Current Market Rating: 2
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Current Price Trend: 2
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November update, there are currently 232 active listings in Blossom Valley ranging in price from $345,000-$875,000. The current median list price is $549,000. There are 50 pending sales in the last 30 days. List price range for pending sales is $369,900-$799,000. There were 55 closed sales in November.
The condo/townhome market has 165 active listings. There are 38 pending sales in the last 30 days and 41 closed in November. Closing sales are remaining strong.
As of November 30, in the Santa Clara County the inventory for active listings of single family homes was 4649 and condo/townhomes is 1605. Totaling 6254 for both. The number of homes and townhome/condos that went into contract over the last 30 days was 1114. Pending sales are running at about 18% of the available inventory. The number of closed sales in November was 774 (599 being homes and 175 being condo/townhomes). Two things can be contributing to these lowered sales figures - the usual slowing of the holiday time and the uncertainty in the economy. Buyers can find some great properties at great prices.
Understanding your options is critical now as lending guidelines have changed making the real estate market fluid. Want to know your options? Call me!
For more information on this local market, call 877-927-6565 or email me at pat@patdulleck.com. Pat Dulleck, Broker, CRS, ePro, SRES, ALHS. I have 24 years helping clients with their Real Estate needs.
ZIP Codes: 95123, 95136 Approximate Location Boundaries: Blossom Valley
Location Characteristics: Situated in south San Jose, just northeast of the breathtaking Los Capitancillos Ridge that separates it from Almaden Valley, Blossom Valley's well regarded schools, recreational amenities, outstanding Mediterranean climate and convenient location make it one of the region's best family neighborhoods.
Populated by soccer moms and little league coaches and interspersed with vestiges of San Jose's agricultural history, Blossom Valley is a short drive from downtown San Jose's cultural resources and Silicon Valley's high technology work centers.
Blossom Valley has all manner of convenient retail shopping, from home improvement to neighborhood shopping and services. The newly renovated Oakridge regional shopping center is anchored by Macy's and Sears and has more than 100 specialty stores.
An excellent highway system and light rail service connects the community to all parts of the valley, and makes it easy to escape to Northern California's ski slopes and mountains to the east, the beaches to the west or San Francisco to the north
About Pat Dulleck:
Pat has 24 years experience selling residential real estate, 18 years as a broker. Our professional team is knowledgeable, competent and high tech.
What Clients Say: Your competence and skill in handling situations and knowing how to communicate with people is as impressive as your kindness and reassuring manner.
Your attention to detail, knowledge of the market, and skill in sales made a difference.
Pat’s confidence, knowledge and her ability to communicate well and handle perspective clients was clearly evident.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
