The number of active single family homes is 213. There are 42 pending listings in the last 30 days and 46 sales closed in November (as of 11/26). The list price range of the active homes is $380,000-$2,299,000 & the median list price is $645,000. The list price range for the pending sales is $349,000-$950,000. Pending sales and closed sales have been reducing since the end of September.
The condos/townhomes for this area is 51 active, 9 pending sales in the last 30 days and 6 closed in November. This sector has not improved as the single family homes have.
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 for 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: 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 Dulleck, Broker:
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.
