Reported by Pat Dulleck, Broker, ePro, CRS, SRES, ALHS, Realtor
Updated December 3, 2009.
Current Market Rating: 3
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Current Price Trend: 3
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The number of active single family homes is 57. The pending sales in the last 30 days are 27 and the number of closed sales in October was 28 and 20 thus far in November (as of 11/20). The price range for active homes is $389,000-$2,499,000. The median price is $725,000. The listing price range for the pending sales is $450,000-$999,888. The listings have dropped 42% over last year, pending sales are up 29% and closed sales are up 3 times!
The number of townhomes/condos on the market is 22, with 5 pending in the last 30 days and 9 closed sales thus far in November (as of 11/20). Compared to last year the listing are down 42% and the sales are up 4 times!
As of November 30th, in the Santa Clara County the inventory for active listings of single family homes was 1850 and condo/townhomes is 666. Totaling 2516 for both. The number of listings dropped by 60% from last year at this time!
The number of homes and townhome/condos that went into contract over the last 30 days was 1542. This figure is up 38% over last year.
The number of closed sales in November was 1121. This figure is up 52% over last year! The 1st time buyer program and investors in the market have had an impact on this a LOT.
The homebuyer's credit got extended and it includes qualified repeat homebuyers. This is great news if you have been on the fence about making a move up to your next home. There are income restrictions and, of course, time restrictions. Find out if you qualify!
The homebuyer's credit got extended and it includes qualified repeat homebuyers. This is great news if you have been on the fence about making a move up to your next home. There are income restrictions and, of course, time restrictions. Find out if you qualify!
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 25 years helping clients with their Real Estate needs.
ZIP Code: 95008 Location Characteristics: Campbell is a delightful community where tradition and progress combine in a successful blend. Set in the Southwest corner of the Silicon Valley, Campbell is an ideal location for homes, schools and businesses. Campbell has grown from a small farming community with a population of approximately 5,000 to a progressive community with a population of over 38,000. Campbell's location is very convenient. Its proximity to shopping, special services, and recreational opportunities is ideal for the resident or employee who wants to run a quick errand, take a morning jog down the Los Gatos Creek Trail, or go for a delicious business lunch in one of our numerous fine restaurants.
City Population 38,408 Average Single Family Home 03/06 $788,535 Mean Family Household Income $93,109 Persons per Household 2.3 Percent of Bachelor's Degree or higher 40% Employment Status 16 years + 30,858
About Pat Dulleck:
Pat has 25 years experience selling residential real estate, 19 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.
