The Santa Clara County real estate statistics for Single Family Homes

 Read the full report for houses and duet homes in Santa Clara County here (You can also access the stats for San Mateo and Santa Cruz Counties from here!)

Prices are up year-over-year due to a prolonged, unrelenting sellers market. Available inventory is less than half of what it was a year ago, while sales remain consistent. This is bad news for buyers – the market conditions can’t balance out without inventory to meet the demand!

Trends At a Glance Jan 2018 Previous Month Year-over-Year
Median Price $1,163,000 (-10.1%) $1,293,690 $929,000 (+25.2%)
Average Price $1,439,310 (-7.5%) $1,556,330 $1,259,470 (+14.3%)
No. of Sales 450 (-36.1%) 704 488 (-7.8%)
Pending 581 (+12.8%) 515 533 (+9.0%)
Active 376 (+38.7%) 271 762 (-50.7%)
Sale vs. List Price 108.9% (-0.4%) 109.3% 101.2% (+7.6%)
Days on Market 21 (+2.0%) 21 37 (-43.0%)
Days of Inventory 25 (+117.1%) 12 47 (-46.5%)

And the numbers from last month for comparison:

Trends At a Glance Dec 2017 Previous Month Year-over-Year
Median Price $1,293,690 (+0.4%) $1,288,500 $960,000 (+34.8%)
Average Price $1,556,330 (-3.9%) $1,619,100 $1,186,120 (+31.2%)
No. of Sales 704 (-11.1%) 792 746 (-5.6%)
Pending 515 (-32.1%) 758 544 (-5.3%)
Active 271 (-41.2%) 461 694 (-61.0%)
Sale vs. List Price 109.3% (+0.8%) 108.5% 101.2% (+8.0%)
Days on Market 21 (-3.5%) 22 34 (-39.3%)
Days of Inventory 12 (-31.6%) 17 28 (-58.6%)

Continue reading

Mark your calendars, it’s time to clear out your E-Waste! From 9AM to 1PM on February 10th in Saratoga and Campbell, and on February 17th in Los Gatos you can drop off those old and broken electronics, courtesy of West Valley Collection & Recycling. Drop off is free and easy, but come prepared. Restrictions apply to what you can deposit (check the list below), and be ready with your ID to leave your name, address, and phone number, which will be kept confidential but is required by the State of California for E-Waste disposal.

ewaste 300x280 - Free E-Waste Drop Off this FebruaryWhat to Bring:

  • TVs
  • Monitors
  • Computers
  • Laptops
  • External hard drives
  • Keyboards and Computer Mouses
  • Printers
  • CD, DVD, & Blu-Ray Players
  • VCRs
  • CDs, DVDs, Blu-Ray Discs and VHS tapes
  • Scanners
  • Electronic Games
  • Radios and Stereos
  • Etc.

No Appliances, Batteries or Light Bulbs!

Please call (408)283-9250 for questions regarding other drop off items

Where to be?

Here are the drop-off locations as provided by WVC&R.

Drop Off for February 10, 2018 (Saturday) 9am – 1pm

Saratoga Prospect Center
19848 Prospect Rd, Saratoga 95070
Located between Miller Road and Saratoga-Sunnyvale Road

Orchard Community Church
157 E. Rincon Ave, Campbell 95008

Drop Off for February 17, 2018 (Saturday) 9am – 1pm

Calvary Church of Los Gatos
16330 Los Gatos Blvd, Los Gatos 95032

 

See the event flier herehttp://westvalleyrecycles.com/serviceareas/pdf/E-Waste-Feb2018.pdf

Or visit the WVC&R page on E-Waste here: http://westvalleyrecycles.com/serviceareas/singlefamily-universalwaste.html

 

 

Buy a home - school desk photo as there's much to learn!The idea of buying a home, especially a first one, is both exhilarating and overwhelming. Where do you begin if you want to buy a home in 2018?  If you want to purchase real estate in Silicon Valley in 2018, you’ll need to get a number of things in order, including hiring professionals to help you.

Purchasing Silicon Valley real estate in this multiple offer market requires strong credit, a healthy down payment, time and energy,  and no small amount of courage. Looking halfheartedly means you will see properties, but not buy.  After the down payment, probably the most important element you’ll need to have is commitment, and further, you’ll need a strong team of professionals to assist you. Let’s talk about a solid home buying strategy. Continue reading

Is your showing prep sending out hidden messages?Home buyers and their Realtors don’t have many properties to view in Silicon Valley due to the critically low inventory. So it may be easy to get showings if you are selling a home. But are there any hidden messages once they get there? The best real estate agents are looking for the “red flags” and will be sure to alert their clients to potential issues.

Hidden messages about home odors

Perhaps the most common property issue that some home owners want to mask is a bad odor of some kind. Frequently it’s pet odor, but it could be cooking smells, mildew, cigarette or other smoke, incense, or any number of things that may not appeal to home buyers.

To try to freshen up the place, windows and even doors may be left open – even while the heat is running full blast. This may be a signal of an odor challenge. Sometimes scented candles may be lit, or air fresheners utilized. One old piece of advice had been to bake cookies or bread, which is supposed to give the buyers a homey feel – and may send them running for a snack instead.

Of course, the opposite could be true, too, if there are fumes coming from  outside (mushroom farms, sewage processing plant, farms, some food processing plants) and the house or condo is totally closed up on a beautiful, mild day.

While these  actions may mean nothing at all, they could be a red flag for odors.

My suggestion is to try to remove or neutralize the odors, and to disclose the past presence of them, rather than to try to mask them.  Neutralizing bad smells can be a bit of work, especially if you’ve had a smoker in the house. In some cases, it may not be possible to eliminate the unpleasantness, and the next buyer may have to do extensive renovations, such as removing sheetrock.  Simply disclose it. There are buyers looking to renovate.

If the buyers find out about a problem after the close of escrow, there will be a much bigger problem on your hands. It’s never worth it to skirt or minimize disclosures. They are “disclosure obligations”.

Hidden messages about noise

In urban and suburban Silicon Valley alike, it is difficult (if not impossible) to get completely away from vehicular noise. In some communities, it’s freeway or road sounds, worsened by heavy buses or trucks – where allowed. In others it could be a train. And others still may be in the flight path to San Jose’s international airport. Or multiple problems.

To mitigate  unpleasant sounds, some home owners or their listing agents will play music or perhaps add a fountain or other water feature. These may create a better ambiance, but it’s best to be upfront about every potential issue so that buyers are not fooled – and angry later. Buyers’ agents may perceive white noise added to the mix as a red flag.

Things don’t stay hidden when you move out

Whatever was hidden will eventually be noticed – the big stain in the hardwood floor that was concealed by a large area rug won’t be a secret when the place is empty. Nor will the plate sized hole in the sheetrock which was unseen due to the careful placement of a tall trash can remain a secret. So, too, with smells and sounds. Once the buyers move in, whatever a seller might be tempted to hide will no longer be hidden.

At the end of a sale, the sellers have the money and the buyers have the house – and any issues. If the new owners buy knowing all the problems upfront, they will be far more likely to be happy than if they have a bad surprise later.

In other words, the best “hidden messages” you and your home can give is this: we’re giving full disclosure, we’re transparent. What you see (and smell) is what you get.

 

More reading:

Shield your eyes!

 

If you enjoy touring open houses, historic properties, and taking in attractive decor, you don’t want to miss the annual spring home tours in the San Jose area!  Take a look at the opportunities listed below:

Note: Certain tours have not yet been updated for 2018, so the 2017 information will remain available until new details can be added.

Spring home tours in the San Jose area

Spring home tours in the San Jose area include historic properties

AIA Santa Clara Valley: 3rd Annual Silicon Valley Home Tours, A Tour by Architects – May 5, 2018

10AM-4PM. Last year prices, no 2018 update: Early Bird: General Admission $75, AIA Members $59, After 5/21/17 and Day of $75

http://aiasiliconvalley.org/page/2018HomeTour

35th Annual Willow Glen Home Tour – May 5-6, 2018

10AM-4PM, Early Bird $40, At the Door for $50

http://willowglenhometour.com/

No updates for 2018 to date. 22nd Los Gatos Historic Home Tour – Last Held on April 22 & 23, 2017

10AM-4PM, General Admission $50, VIP $75

http://www.numulosgatos.org/events/2017/4/22/22nd-los-gatos-historic-home-tour

No updates for 2018 to date. Fremont Older House & Garden Tours – Last Held on April 23, 2017

9AM-4PM, tours are full, but you can join the wait-list (mark in on your calendar for next year’s spring home tours early on!).

http://www.openspace.org/activities/district-events/fremont-older-house-garden-tours-0

 

No updates for 2018 to date. Eischler Home Tours San Mateo Highlands – Last Held on May 6 & 7, 2017

10AM-3PM, Single Day $60, Two Days $100, Optional: Box Lunch $14, Poster $30, and VIP Happy Hour (May 6, 7PM-10PM) $50

http://eichlerhometour.org/

Gilroy Assistance League: 13th Annual Impressions Home and Garden Tour – Last Held on May 12 & 13, 2017

$30

http://gilroyassistanceleague.org/-impressions-home-garden-tour/

 

No updates for 2018 to date. Wolfe & Higgins – Citywide Architectural Home Tour, Master Architects of the Spanish Revival – Last Held on August 26, 2017

Early Bird: General $35, Preservation Action Council Members $30, Day of: $40

http://www.wolfeandhigginstour.com/

 

Garden Tours

GNGT: Going Native Garden Tour 2018 – April 7 & 8, 2018

10AM-4PM, Free with RSVP

http://gngt.org/GNGT/HomeRO.php

Gamble Garden Tour – April 27 & 28, 2018

Updated information for 2018 will be available in January. Here’s the information from 2017: 10AM-4PM, Members $30, General $35, Volunteer $25, Lunch Tickets $15

https://www.gamblegarden.org/support-us/spring-tour/

No updates for 2018 to date. The Aromas Country Garden Tour – Last Held on May 13, 2017

10AM-4PM, tickets not available online

http://www.aromashillsartisans.org/ahas-events.html

 

 

If you miss out on these events, there are a number of historic estates and gardens in the area with regular open hours.

The Ainsley house in downtown Campbell is open Thurs-Sun, March-December, 12PM-4PM (final tour at 3:15PM) with regular tours. Admission is $8 adult, $6 senior, $4 youth (7-17), and free for under 7.

http://www.ci.campbell.ca.us/332/Historical-Museum-Ainsley-House

The Winchester Mystery house may have some unusual sides to it, but in essence it’s a stunning mansion surrounded by a pristine garden. Prices vary by tour.

http://www.winchestermysteryhouse.com

History San Jose has also provided virtual tours of both the Luis Maria Peralta Adobe, 1797, and the Carmel and Thomas Fallon House, 1850s. Find links to the tours on the page linked below.

http://historysanjose.org/wp/plan-your-visit/peralta-fallon-historic-site/

 

 

Have we missed a tour of houses or homes that should be included? Please jot me a note or give me a call and we’ll get this page updated (and promote your event at no cost, of course).  Be sure to include the dates,  name of the tour, and a URL where people can get more information, please.

Sold With 10 Offers! 1932 Bernice Way - Cambrian area of San JoseNews flash: San Jose is the hottest real estate market in the country right now. Yesterday, the San Jose Mercury News ran another front page story about local residential real estate being off-the-charts-hot. That isn’t much of a surprise, as skyrocketing home prices has created a gripping drama here, and thus frequently appears as a page 1 story, whether it’s for renters, buyers, investors, or folks just priced out of the market and moving away.

What is interesting, though, is that San Jose is now said to be the #1 hottest real estate market in the U.S., according to Zillow.  The whole San Francisco Bay Area is a strong seller’s market, of course, particularly the South Bay, Peninsula, East Bay, and San Francisco.

What does that mean for you that San Jose is the hottest real estate market  in the country?

What can you expect in the hottest realty market in the country? Here are a few things that we are likely to experience in the next few months because of these extreme conditions:

  • continued excessively low inventory that will rise, but not enough for demand (just 387 single family homes for sale in Santa Clara County two days ago, and 397 this moment)
  • multiple offers on homes which:
    • are moderately priced for its area (not the top tier of pricing, but mid to low ) – esp $800,000 to about $1,300,000 in most areas
    • offer a good commute, good public schools, or both without being necessarily in the luxury tier – having both will be “red hot” market (Cupertino is a good example)
    • provide a full battery of pre-sale inspections and disclosures from quality inspectors
    • provide thorough seller disclosures
    • are nicely staged and presented
    • include quality professional photography
    • are offered with an appropriate list price – not higher than the likely sale price, and usually lower to attract more buyers
    • get strong marketing, including being on the open MLS and having the listing syndicated for maximum exposure
  • with those offers, many will come with no contingencies of any kind, may include free rent backs, and of course will be As Is sales
  • move down buyers and those armed with stock money will be competing in the mix and will have all cash (about  20% seem to be all cash, no loans now)

In other words, for most home owners, it will be relatively easy to sell since San Jose is the hottest real estate market. Many are inclined not to do so right now because they are afraid that if they do sell, they will not be able to purchase something else!

Winners in this market

For those wishing to relocate out of the San Jose or Silicon Valley area, this is an ideal real estate climate, since no where else is quite as overheated as Santa Clara County at the moment. Continue reading

cornucopia_photoThanksgiving is just a few weeks away, and there are interfaith services going on and welcome all.

Only a few have announced dates yet, so this post may be updated when I am alerted to more.

On Thursday, November 23, after starting the turkey and before the guests arrive, head over to the Saratoga Federated Church at 20390 Park Pl for the 52nd Annual Interfaith Thanksgiving Service from 10am-noon. This celebration is hosted by a different religious community each year in the Los Gatos, Saratoga, Monte Sereno area and is the perfect chance to share community time and spread thanksgiving with your neighbors. Congregation Beth David is the only website with information on this event at the present (please use the link to learn more).

Wishing everyone a very Happy Thanksgiving! Hope to see you at one of these events!

 

  1. 4 beds, 3 baths
    Home size: 2,390 sq ft
    Lot size: 11,399 sqft
  2. 5 beds, 3 baths
    Home size: 3,600 sq ft
    Lot size: 1.58 ac
  3. 5 beds, 6 baths
    Home size: 4,300 sq ft
    Lot size: 6.06 ac
  4. 4 beds, 2 baths
    Home size: 2,505 sq ft
    Lot size: 12,824 sqft
  5. 4 beds, 3 baths
    Home size: 2,157 sq ft
    Lot size: 12,061 sqft

See all Real estate in the city of Saratoga.
(all data current as of 6/18/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Original image courtesy of mcatalena of Flikr

California is famous for its oranges and other citrus crops.

This is not your seasonal Flu shot advisory. Nor is this a post about home wrecking pests. There is a citrus quarantine in the San Francisco Bay Area, as those pesky bugs mean business.

Do you like citrus?

Maybe you’ve heard stories about the disappearance of oranges in Florida. The cause is orchard destruction due to citrus greening – a disease which destroys fruit and eventually kills trees. Since it was first discovered in Florida, it has now infected 90% of groves in the state. No tree is naturally resistant and, while scientists and farmers race to find a solution, there is no treatment for the disease. (source)

California may have strict agricultural transportation rules, but citrus greening has spread to many areas of our state as well. Including the Bay Area.

Continue reading

HTWebsite Banner2017Rev2 800x227 - Rose Garden Homes Tour in San Jose

Each autumn, the St. Martin of Tours School puts on a fabulous tour of lovely homes in San Jose’s Rose Garden neighborhood. While anyone driving through this central San Jose area can appreciate the diverse and beautiful architecture, often the best  features of these homes are found inside.

This year is the tour’s 22nd Anniversary! The homes tour is a large scale fundraising effort for the school. Tours are self-guided with hosts in each home ready to answer questions and share interesting historical facts and stories about the homes. On display will also be floral designs, artwork, and perhaps some treasures. The garden segment of the tour includes the Tea Garden, a spot to sit and enjoy complementary refreshments or a gourmet lunchbox (available to pre-order through October 6th with your tickets). The tour also features a boutique, where 100% of the proceeds will benefit St Martin of Tours School (credit cards accepted!) and a donation drawing.

Tour dates are Saturday, October 14th and Sunday, October 15th from 10am-4pm both days. No children under 12 are allowed on the tour. Come any time within the tour hours to begin, but note that it is recommended that visitors allot about 2 hours to view every home and the tour ends promptly at 4pm.

Tickets are available at the door, online, or through families in the school.

To read about the homes from last year’s tour, and to learn more about this year’s tour, and to purchase tickets, and more please visit the official Rose Garden Homes Tour website.

Get Tickets!

 

  1. 0 beds, 0 bath
    Home size: 2,388 sq ft
    Lot size: 9,378 sqft
  2. 3 beds, 2 baths
    Home size: 1,542 sq ft
    Lot size: 7,365 sqft
  3. 3 beds, 2 baths
    Home size: 1,221 sq ft
    Lot size: 1,537 sqft
  4. 0 beds, 0 bath
    Home size: 2,174 sq ft
    Lot size: 4,687 sqft
  5. 3 beds, 2 baths
    Home size: 1,164 sq ft
    Lot size: 4,177 sqft
  6. 3 beds, 2 baths
    Home size: 1,302 sq ft
    Lot size: 6,433 sqft
  7. 3 beds, 2 baths
    Home size: 1,512 sq ft
    Lot size: 5,998 sqft
  8. 3 beds, 1 bath
    Home size: 1,241 sq ft
    Lot size: 5,549 sqft
  9. 2 beds, 2 baths
    Home size: 976 sq ft
    Lot size: 906 sqft
  10. 3 beds, 3 baths
    Home size: 1,846 sq ft
    Lot size: 6,250 sqft

See all Real estate in the city of San Jose.
(all data current as of 6/18/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Halloween Pumpkins

GENERAL:

Pumpkin patches: schools, grocery stores, and churches often have patches, and sometimes you might spot a pumpkin or two among the other squash at a farmers market, but there are also organizations like this that host them all over the bay area: http://www.abctreefarms.net/san_francisco/pumpkin/location (not yet up to date)

And there are plenty of Haunted Houses/Mazes/Walks around the bay area:

http://www.sanfranciscohauntedhouses.com/

Halloween events by area in Santa Clara County & Silicon Valley

LOS GATOS

8th Annual Sereno Group Pumpkin Decorating Contest (not yet up to date)

Fri-Sun Oct 6 – Oct 22, 5:30-8:30pm – The 4th Annual Pumpkin Train at the Billy Jones Wildcat Railroad ($)

Saturday, October 28th 9am – Zombie Runner Halloween Run Marathon/Half Marathon/ 5 Mile ($)

 

CAMPBELL

Wednesdays, Oct 4 – 25th at 7pm, Friday, Oct 27th at 7pm, Saturday, Oct 28th at 2pm, Dance to Thriller!

Tuesday, October 10th at 6:00pm VinoPaint Event: “Dia de los Muertos” at Tessora’s Barra di Vino ($)

Sundays, October 1st and 15th, 2017 – 4:30 – 6:00pm – 12th Annual Jack O’Lantern Workshop ($)

Saturday & Sunday October 21st – 22nd, Campbell’s Octoberfest (and all posts here)

Saturday, October 21st at 9am – 2017 Oktoberfest 10K & 5K Fun Run/Walk ($)

Friday, October 27th at 2pm Spooky Night 2017 at the Campbell Museum

Sunday, October 29th at 4pm – Trick-or-Treat in Downtown Campbell

 

 

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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.

Let’s Connect

Find Mary on FacebookFollow Mary on Twitter
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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

Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
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 RentPrep.com'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

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