May 14, 2009

Inventory is declining and sales are up, supply is tightening - the market is turning in the lowest price ranges and is a buyer's market in some areas now.  After three months of the median price of single family homes in Santa Clara County hovering at $450,000, that number rose in April to $470,000. Is the bottom behind us now? It might be. 

Get the whole report at  http://popehandy.rereport.com. If you'd like to read a more in-depth newsletter about current market conditions, please click here:  http://rereport.com/scc/print/Mary.PopeHandySCC.pdf.

In the last week I've done a number of blog posts on subsets of the market. Please have a look:

San Jose is a Seller’s Market in Many Areas Now!

In Santa Clara County, The Market is Turning Overall  

The Condo Market in Almaden Valley, Los Gatos, Saratoga and Cupertino

The Los Gatos Real Estate Market: Condos and Townhomes

The Market is Heating Up in Los Gatos

Please call or email me if you'd like to discuss your particular situation and any questions you may have.