Reported by Pat Dulleck, Broker, ePro, CRS, SRES, ALHS, Realtor
Updated November 28, 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 83, pending sales in the last 30 days are 54 and closed sales in October were 68 and 35 thus far in November (as of 11/20). The price range for the active homes ranged from $341,550-$1,588,888. The median list price is $869,000. The listing price range for the pending sales is $275,000-$1,199,000. Listing inventory is down about 50% and the pending sales were up 52% compared to last year.
The number of condos/townhomes on the market is 46, with pending sales for the last 30 days at 28 and closed sales in October were 31 and 14 thus far in November (as of 11/20).
As of November 20th, in the Santa Clara County the inventory for active listings of single family homes was 1986 and condo/townhomes is 743. Totaling 2729 for both. The number of listings dropped by 56% from last year at this time!
The number of homes and townhome/condos that went into contract over the last 30 days was 1774. This figure is up 38% over last year.
The number of closed sales in October was 1384 (this was about even with last year's figures) Closed sales thus far in November are 741.
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.
Location Characteristics: Sunnyvale lies in the heart of Silicon Valley. Residents enjoy Sunnyvale's beautiful, clean suburban setting, efficient, high-quality city services, low crime rate, quality schools and 18 prize-winning parks.
Some of the nation's most successful business are located in Sunnyvale, including AMD, Network Appliance and Yahoo!.
Sunnyvale is located at the crossroads of four of the South Bay's major freeways and expressways. Three international airports are all within easy, direct freeway access. San Francisco International Airport is just 30 miles to the north. San Jose Airport is just 9 miles to the south.
For additional information click here: http://sunnyvale.ca.gov/NR/rdonlyres/66568BF7-4FCA-4F10-99D4-8419912EE281/0/NRG2007.pdf
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.
