The number of active single family homes in the Cambrian area is 45. The active listing are down 70% from last April. There were 92 pending listings in the last 30 days. 61 sales closed in April. Our pending and closed sales are consistent with last year at this time.
The list price range of the active homes is $430,000-$1,298,000. The median list price is $625,000. The list price range for the pending sales is $337,900-$1,325,000.
The condos/townhomes for this area have 13 active and 12 pending sales in the last 30 days. 9 units closed in April. Active listings are down 58% from last year.
As of April 30, 2012 active listings in Santa Clara County are a scant 1621, of that the single family homes were 1263 and condo/townhomes were 358. This number is continuing to decline. These numbers were down 55% from last year's figure!
The number of homes and townhome/condos that went into contract over the last 30 days was 1779 (single family - 1318, condo/townhome - 461). This figure was less than last year. However, if we had the inventory we would have sold a lot more homes! Many areas of seeing multiple offers on homes.
The number of closed sales in March were 1368 (987 were single family homes and 381 were condo/ townhomes). The closed sales up 7% over last year. Again, if we had more inventory these numbers would be through the roof!
Understanding your options both in Real Estate and lending is critical now as guidelines have changed making the real estate market fluid. Want to know your options? Call me!
For more information on this local market, call 855-927-6565 or email me at pat@patchadwell.com. Pat Chadwell, Broker, CRS, ePro, SRES, CDPE, CIAS, SFR. I have 28 years helping clients with their Real Estate needs.
ZIP Codes: 95118, 95124 Location Characteristics: The Cambrian area of south west San Jose in Santa Clara County is a quiet, tightly-knit, highly desirable community of some 40,000 residents forming the south western part of the Willow Glen neighborhoods. Built on the orchard lands formerly known as The Valley of Heart's Delight, it lies between Willow Glen and the Los Gatos foothills. Located about seven miles from the downtown area, The Cambrian community borders the towns of Los Gatos and Campbell. It is only 45 minutes from San Francisco and is within easy reach of the cultural and recreational offerings of the entire Bay Area. Residents are just a short drive away from the county's many parks and lakes, which provide ample opportunities for outdoor recreation; and it takes less than 30 minutes to reach the beach in Santa Cruz. Conveniently close highways, light rail public transportation access and nearby shopping centers help make this thoughtfully planned community even more attractive. The community's lovely, quiet, tree-lined streets are dotted with ranch-style homes situated on spacious lots. This serene, family-oriented community offers something for everyone!
About Pat Chadwell:
Pat has 28 years experience selling residential real estate, 22 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.
