How’s the Blossom Valley real estate market?  How hard is it to sell a house there now?  (Check the Almaden Valley real estate market here.)

About half the active listings of single family homes for sale in the Blossom Valley district of San Jose are either short sales or REOs.  For all of area 12 (our MLS name for this part of San Jose), as of right now there are 124 houses listed and 61 of them are either short sales or bank owned homes (REOs). (Blossom Valley is 2/3 95123 and 1/3 95136.)

Today we’ll look at the market generally and also see how the high end is faring there – most expensive homes being those listed at or over $550,000.

Months of inventory reflects the ratio between available homes (not under contract) with those which have sold/closed in the last month.  That’s the absorption rate, or how fast homes that go on the market are being absorbed by buyers.

Blossom Valley real estate market months of inventory by sale type April 3 2011

How “hot” is the market in Blossom Valley? It depends. Bank owned homes are flying off the market – particularly the most expensive ones.

Short sales are the coldest, hardest to sell – especially the most expensive ones.

Normal sale? The lower the price, the easier it is to sell.  But even the most expensive homes are only at 4 months of inventory, which the National Association of Realtors would call a seller’s market.  Here, though, we wouldn’t view it that way because Silicon Valley real estate usually moves a lot faster than that.

In addition to sale type and price point, there are many other factors which make a home more or less difficult to sell.  Getting the pricing right is huge and probably the most important element of all.  Staging, marketing, accessibility are all key too.  If you’re interested in selling or buying a home in Blossom Valley, please contact me today and we can discuss it.



by Transposh - translation plugin for wordpress
Mary Pope-Handy
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at)
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.
Let’s Connect
Find Mary on FacebookFollow Mary on Twitter
RSS FeedFollow Mary on YouTube

Please see more icons
at the bottom of the page.

The real estate search
Use the widget below to browse properties which are for sale, under contract (pending) or sold. Want to view only homes which are available now? Use the "find a home" link on the menu above (next to the "home" button).
Mary’s other sites & blogs
Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history
Silicon Valley relocation info
Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
market trends & statistics
Mary’s Blog Awards
Top 25 real estate blogs of 2018 by RentPrep2018's list of top 25 real estate blogs to follow

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