Tag Archives: San Jose Realtor

OCT. 2019 SANTA CLARA COUNTY STATS

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By: Jeni Pfeiffer, Associate Broker, Realtor®

The Bay Area Real Estate currently has 2,076 ACTIVE Single Family, Townhomes and Condos listings for Sale in the Santa Clara County. OCT 2019 recorded 1,022 SOLD listings ranging from $7,500,000 (25055 La Loma Drive, Los Altos Hills 94022) to $370,000 (2454 Balme Drive, San Jose 95122), with 35 Average DOM.

OCT SOLD Volume was 18% lower than July’s recordings. The Average Close Price was $1,340,213 with 33% of the Sales selling between $700,000 – $1,000,000. The number of Listings which did not complete a Sale and changed Status to Withdrawn, Expired or Canceled was 408.

Please contact Jeni for the current real estate market trend.

Realtor.com reports SAN JOSE Ranks #1 where Home Prices have fallen most

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Realtor.com reports that SAN JOSE, CA ranks #1 where Home Prices have fallen the most, in their findings, dated May 20, 2019. Most recently, the real estate market has experenced a shortage of available homes for sale to balance the demand of Buyer’s needs. Combined with super low interest rates, the results were that the Bay Area housing sales prices escalated at record-breaking speed from years 2011-2018. This year has delivered a “cooling-off” phase, in some areas, such as San Jose, CA as prices have softened and inventory has increased.

Houses priced right are still selling quickly, and some “over-asking.” The market is relatively balanced, and favorable for both Buyers and Sellers. The mortgage interest rates are low and there are more homes to choose from.

Curious how other cities were rated? Read the Realtor.com report HERE: https://www.realtor.com/news/trends/2019-where-home-prices-falling-the-most/ “Falling Stars: You Won’t Believe the 10 Cities Where Home Prices Are Down the Most” for more information.

Jeni Pfeiffer, Broker Associate Realtor

408-813-4256

1383 Heather Ridge San Jose PHOTO Courtesy Jeni Pfeiffer

OPEN HOUSE SAT 2-4pm SPACIOUS 3 Bed, Single Level Condo SAN JOSE Offered at $750,000

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Offered at $750,000 – VISIT: www.3183heather.com Spacious SINGLE LEVEL Condo that feels like a Single Family Home*SUPERB LOCATION*Adjacent to Communications Hill*

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Top Reasons People Want to Move

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DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 25, 2015

One in three U.S. households say they plan to move in the next five years, according to a survey conducted by the Demand Institute of 10,000 households’ current living situations. And it’s the location of the home that will be driving most of those moving decisions — more so than the physical home itself.

Seventy-five percent of the households surveyed cited one or more location-related reasons for why they were moving. The top reasons were the desire for a safer neighborhood (30%); being closer to family (27%); a change of climate (26%); being closer to work (25%), and moving for a new job (23%).

Top Reasons People Want to Move_Location

Top Reasons People Want to Move_Location

More than half — 59 percent — of households say they don’t plan to go too far, with most indicating a move within 30 miles of their current home.

For those seeking a location for climate reasons, the Western and Southern U.S. continue to be the top destinations. Continue reading →

November Issue of Enjoy Magazine

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Check out the latest edition of Enjoy Magazine featuring Ty Pennington!  CLICK HERE for your free November 2014 Edition.

Enjoy Magazine Nov. 2014 Courtesy Jeni Pfeiffer

Enjoy Magazine Nov. 2014 Courtesy Jeni Pfeiffer

June home prices recover pre-crash peaks in much of Bay Area

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Courtesy Pete Carey San Jose Mercury News, July 16, 2014

Soaring single-family home prices in much of the Bay Area are near or above pre-crash peaks — and topped $1 million in San Francisco for the second month in a row — according to a report released Wednesday.

The median sale price of single-family homes sold in June in the nine-county Bay Area was only 8.6 percent off a 2007 peak of $675,000, according to the real estate information service DataQuick.

“The Bay Area is leading the way in price recovery and has for a couple years now, because it’s seen relatively strong job growth,” said Andrew LePage of DataQuick.

CLICK HERE for the full San Jose Mercury News article.

Gorgeous Evergreen Home_OPEN HOUSE Sat/Sun July 5 & 6 1:00-3:00pm

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OPEN HOUSE Sat/Sun July 5 & 6 1:00-3:00pm. Gorgeous Evergreen Home nestled near the elite Silver Creek Hills. Courtesy Jeni Pfeiffer, Realtor

This beautiful 4 Bed and 3 Bath home located at 1639 Gypsy Place Court, San Jose 95121 is listed for $600,000 and won’t last long.

CLICK HERE for more information about this listing.

Please feel welcome to contact Legacy Real Estate Agent Jeni Pfeiffer for additional questions. 408.813.4256

BRE#01709666