September 2018 Santa Clara County Real Estate Prices

Avg DOM & Sale to List Price Ratio

Avg DOM & Sale to List Price Ratio

The Real Estate Prices for the county are normalizing with Sale to List Price ratios declining(105%) and overall Days on Market increasing(20 days vs 18 last month). There are pockets of hot markets where I have been involved in multiple offers and significant sale over list prices. There are also markets where Real Estate prices are approaching buying opportunities with days on market 3x the average for the county. Real Estate Price reductions are taking place and sale prices are below prior sales. For more details for hot and cold markets, contact me at harvey@yamanakahomes.com Regards, Harvey Yamanaka, serving Silicon Valley since 1996.

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