Tag Archives: Campbell Homes for sale

FEB. 2020 SANTA CLARA COUNTY STATS

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By: Jeni Pfeiffer, Associate Broker, Realtor®

The real estate market turned quickly and heated up with multiple offers late DEC 2019, JAN and FEB 2020. The market can turn on a dime, and has shown this again. Mortgage interest rates dipped below 3.5%, and the real estate inventory dwindled. With a low supply, and still high demand, with favorable mortgage rates, bidding wars returned! For example, 635 Yosemite Avenue, Mountain View 94041 was listed on 01/30/2020 for $2,448,000 and SOLD 27% “over-asking” to CLOSE at $3,100,000.

As of March 4, 2020, the Bay Area Real Estate currently has 997 ACTIVE Status units (Single Family, Condo and Townhomes available for sale) in the Santa Clara County. FEB 2020 recorded 806 Home SALES ranging from $359,000 (1062 Summershore Court, San Jose 95122) to $8,100,000 (28011 Elena Road, Los Altos Hills 94022), with 28 Average Days on Market DOM. The Average Close Price was $1,337,243 with 46% of the Sales selling between $800,000 – $1,400,000.

CONTACT: Jeni Pfeiffer, Associate Broker, Realtor®

Staged Homes Sell Quicker

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Home staging is key to attracting home shoppers, an maybe even more so in an era where consumers are used to watching TV home-makeover shows. 83% of buyers’ agents say staging a home makes it easier for buyers to visualize a property as their future home. 44% of buyers’ agents say staging a home increases its value.

Cleaner appearance, Buyers envision themselves if staged homes are done well.

Silicon Valley homes replacing lawns with California Native Succulents

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Yesterday, 03.24.2015, San Jose Mercury News writer Eric Kurhi reported that the Santa Clara Valley Water District is proposing reducing water use by 30 percent and limited watering of lawns to twice a week.

Though Gov. Jerry Brown announced new conservation rules last week to help cope with the four-year dry spell, the water district’s latest push is more of a reaction to a new analysis that showed above-average seasonal rains haven’t done much to bolster Silicon Valley’s groundwater reserves.

Courtesy Sunset Magazine - Water Wise Garden

Courtesy Sunset Magazine – Water Wise Garden

Many homeowners are coping by letting their lawns die and replacing the landscaping with succulents and water-wise California native plants. Consider lawn alternatives, such as hardy ground covers, decks, patios, containers, ornamental grasses or cut-flower gardens. Continue reading →