San Jose Single Family Real Estate Market Report
Median Price, Average Price and number of Sales – All went up in March compared to February 2011. However all three numbers were down from March 2010.
Days on market (the time it takes for a home to sell after it’s listed for sale) is down to 64 days compared to last month when it was 70 days. Sale vs List price continues to be almost at 100, meaning most of the homes are selling close to what the listing price is. In some cases selling even higher than the listing price.
See the table below for a complete set of data.
San Jose Condominium Real Estate Market Report
Remember that the Real Estate Trends could be very different for your property and/or neighborhood than the overall San Jose Real Estate market. So if you are buying, selling or refinancing and would like to know how’s the market in your area reach us at shashank@arcuslending.com. Or subscribe to our monthly Real Estate Market Report.