Almaden Valley homes for sale and real estate market conditionsThe Almaden Valley real estate market is still in a stable sellers market. Winter brought about a steep drop in inventory. There must be either a lot more inventory, or significantly less demand, before we see anything close to a balanced market. The Almaden Valley market is noticing minor softening, with homes selling, on average, close to list price at 100.9%. Turnover has dropped slightly to an average of 18 days on market (or DOM). This tells us that while there may be a slight cooling trend, Almaden Valley is in a sustained, hot sellers market.

Please find the current statistics for single family homes (houses & duet homes) from my Almaden Valley real estate report (click on link for more info).

You might notice things look a little different. The REReport page has been updated to improve load time and give mobile viewers a better experience. With the update, the Sales At A Glance (the bullet points) section and both Short Sales and Foreclosures have been dropped, but Days of Inventory has been added and if you click the link you will find a new kind of market commentary available. It will take a little while to clean up some quirks in the new system, so each area might have some things missing, but expect them to return soon! Thank you for your patience.

Almaden Valley San Jose 95120 Real Estate Statistics At A Glance

The data shows a strong sellers market remaining fairly consistent despite increasing inventory. The best homes will still see multiple offers, a response to low inventory and high demand.

Altos Research charts for houses in Almaden (San Jose 95120)

Please note that Altos Research uses list prices of Almaden Valley homes for sale, not sold prices.

An overview:

90-day stats for Single Family properties in
SAN JOSE, CA 95120 as of July 14, 2017
Median List Price:$1,585,654Average List Price:$1,930,661
Total Inventory:27Price per Square Foot:$605
Average Home Size:2,673Median Lot Size:9,162
Average # Beds:4.41Average # Baths:3.24
Homes Absorbed:8Newly Listed:8
Days on Market:37Average Age:37

Real Estate Market Chart by Altos Research www.altosresearch.com

Please click on the link to view the condo and townhouse market and more info on the Almaden real estate market.

Almaden Valley Condo Market:

The condo market in San Jose 95120 looks wacky due to almost no condo or townhouse sales recently, and that is flowing from the lack of listings. Frequently, there are less than 10 listings in a given month. Currently, the data shows a mere 6 sold, 2 pending, and 6 active. Average turnaround is low at 15 days. On average, properties are selling 103.2% above list price. What we can glean from this relatively little data is that there is still much greater demand than inventory creating a sellers market. Almaden Valley condos are in a hot seller’s market similar to the housing market.

Here are the Almaden condo and townhome stats but with so few sales each month, they are not terribly relevant:

 

Live San Jose Almaden 95120 real estate market charts from Altos Research for condos and townhomes (not solds but Almaden Valley homes currently for sale)

Here are a few quick stats from Altos Research (which will be automatically updated weekly and to which I have a subscription) – these are based on the list price of townhouses and condominiums for sale in San Jose’s Almaden Valley 95120 area:

90-day stats for Condo properties in
SAN JOSE, CA 95120 as of July 14, 2017
Median List Price:$958,361Average List Price:$976,424
Total Inventory:4Price per Square Foot:$537
Average Home Size:1,798Median Lot Size:n/a
Average # Beds:2.93Average # Baths:2.58
Homes Absorbed:1Newly Listed:1
Days on Market:17Average Age:31

Real Estate Market Chart by Altos Research www.altosresearch.com

The residential real estate market in San Jose’s Almaden Valley area is a “hot seller’s market.” Restricted inventory remains, in contrast to what we normally would see on a seasonal basis. Buyers who are successful in multiple bid situations are coming in with few contingencies, short time frames for any contingencies which they do have, and make aggressive offers in terms of pricing.

Almaden Valley homes for sale – What is for sale in San Jose’s Almaden Valley area right now?

First see a list of the most recent Almaden San Jose 95120 listings. Below it, view homes for sale by map or click the link below.

Almaden 95120 area of San Jose homes for sale


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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
Silicon Valley:
Santa Clara County,
San Mateo County, and
Santa Cruz County.
:
Special focus on:
San Jose, Los Gatos,
Saratoga, Campbell,
Almaden Valley,
Cambrian Park.
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Mary’s other sites & blogs
Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history

Move2SiliconValley.com
Silicon Valley relocation info

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Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
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Mary’s Blog Awards
Top 25 real estate blogs 2016
2016: Personal Income's list of top 25 real estate blogs.


Best Realtor blog award
2016: Coastal Group OC's list of best Realtor blogs


The 2009 Sellsius list of top 12 women real estate bloggers
2009: Sellsius list of top
12 women real estate bloggers


Mary Pope-Handy's Live in Los Gatos blog won the 2007 Project Blogger contest, sponsored by Inman News and Active Rain

2007: Mary Pope-Handy and Frances Flynn Thorsen win the Project Blogger Contest for Mary's Live in Los Gatos blog. The contest was sponsored by
Active Rain and Inman News.


Non blog award


Best real estate agent in Silicon Valley from the San Jose Mercury News poll of readers in 2011
"Best real estate agent
in Silicon Valley"

2011 readers' poll,
San Jose Mercury News

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