Move- In Ready Blossom Valley

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Upgraded 3 bedroom 2 bath home with beautiful amenities. Triple pane windows and sliding glass door, kitchen and bath remodeled in 2011, new heater in 2012, mature landscaping in front and back, complete finished garage with built in and free standing cabinets. Come enjoy the view of the hills from the front and back yards. This home is ideally situated close to new shopping complex on Cottle, Kaiser Hospital, Light-Rail and easy Freeway access. Schools, park and community garden close by.

Townhouse San Jose Great Home, Great Location

Gorgeous Kitchen SAN_JOSE_CALIFORNIA_PALM_TREE_2010

Come see this updated 2 bedroom 1&1/2 bath townhome conveniently located  in Blossom Valley in San Jose. This home is close to shopping, freeway entrances and parks. Gorgeous updated kitchen with granite counter tops, newer appliances,sink faucet and lighting. Cabinets are complete with easy-close drawers and a corner lazysusan. dual pane windows throughout, updated baths and laminate wood flooring. enjoy the ease of and indoor laundry, enclosed patio, extra storage shed and newer water heater. HOA includes sparkling pool and open space play areas. Check out MLS# 81417367 for more features on this lovely home. Virtual Tour at http://www.tourfactory.com/1161427

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Campbell Active Real Estate Listings Anemic and Sales Skyrocketed in March

untitledThe number of active single family homes in Campbell is 11. This number has been reducing since October 2013!!  The price range for active homes is $720,000-$3,500,000. The median price is $985,000.

The number of pending sales in March were 19. The listing price range for the pending sales is $699,000-$1,819,000.

The number of closed sales in March was 26.  This was a 236% increase over last month.  WOW!!! Impressive.

The number of townhomes/condos on the market is 7, with 11 pending sales and 12 closed sales in March.

As of April 3rd, active listings in Santa Clara County are 1064, of that the single family homes were 822 and condos/townhomes were 242. This is about a 5% increase over last month. When you consider we have 1.8 million people in Santa Clara County, the inventory is considerably lower than needed. Hence, it is a seller’s market.

The number of homes and townhome/condos that went into contract in March was 1403. It is made up of 1001 single family homes and 402 condos/ townhomes. We are seeing the pending sales rise as our active inventory is going up. The pending sales are up 10% over last year and way up 25% from last month.

The number of closed sales in March was 1081 (745 were single family homes and 336 were condo/ townhomes). The closed sales are up a whopping 43% over last month. Again due to inventory coming to market.   What does this mean to you? If you are a buyer, you need to be prepared and have a knowledgeable Realtor to guide you. As a seller, you can reap the rewards of this terrific market but you will need to still watch your list price and get proper guidance on how market your home.

Pat Chadwell, Broker
Realty World-Residential Specialists
www.patchadwell.com

30 yrs experience helping people make moves.

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Almaden Valley Real Estate is on Fire!!

imagesAlmaden Valley is on fire!!  There were 38 closed sales in March. That is a 137% increase over February.

The number of active homes is 34 as of 4/3/14. The price range of available homes is from $588,800-$3,498,888. The median price is $1,099,000.

Pending sales is another shining star – up 46% over last month! There were 47 pending properties in March. The price range of pending sale is $763,000-$2,995,000.

While single family homes make up the bulk of the inventory in Almaden Valley, there is 3 active townhome/condo, 3 pending and 5 closed in this last month.

As of April 3rd, active listings in Santa Clara County are 1064, of that the single family homes were 822 and condos/townhomes were 242. This is about a 5% increase over last month. When you consider we have 1.8 million people in Santa Clara County, the inventory is considerably lower than needed. Hence, it is a seller’s market.

The number of homes and townhome/condos that went into contract in March was 1403. It is made up of 1001 single family homes and 402 condos/ townhomes. We are seeing the pending sales rise as our active inventory is going up. The pending sales are up 10% over last year and way up 25% from last month.

The number of closed sales in March was 1081 (745 were single family homes and 336 were condo/ townhomes). The closed sales are up a whopping 43% over last month. Again due to inventory coming to market.   What does this mean to you? If you are a buyer, you need to be prepared and have a knowledgeable Realtor to guide you. As a seller, you can reap the rewards of this terrific market but you will need to still watch your list price and get proper guidance on how market your home.

Pat Chadwell, Broker
Realty World – Residential Specialists
www.patchadwell.com

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Historical View of Santa Clara County Home Sales for January 31 from 2008-2014

To get some perspective on our historical sales for Santa Clara County -

Santa Clara County
Date # Active (SFR) # Pending (SFR) #   Closed (SFR) # Active (Class 2) # Pending (Class   2) #   Closed (Class 2) Active Total Pending Total Closed Total
1/31/08 4337 558 332 1484 178 132 5821 736 464
1/31/09 4044 968 546 1511 321 141 5555 1289 687
1/31/10 1813 1030 566 749 382 219 2562 1412 785
1/31/11 2283 1124 626 1113 516 213 3396 1640 839
1/31/12 1482 1020 612 525 459 227 2007 1479 839
1/31/13 634 654 538 162 305 224 796 959 762
1/31/14 647 628 493 219 300 224 866 928 717

With the inventory low, prices are sure to rise. 

Whether you are a buyer or a seller, it is important to utilize an experienced Realtor to understand the fine points. 

Pat Chadwell, Broker
www.patchadwell.com
408-927-6565 X 11