How Long Does It Take to Sell a Silicon Valley Home in Today’s Market?
Wednesday, September 22nd, 2010Silicon Valley home owners who are thinking of putting their properties on the market are wondering a few things:
- how much is my home worth?
- how long will it take to sell my home?
- how long will it take to close escrow?
Today we’ll discuss how long it takes to sell a home in the San Jose – Silicon Valley areas.
Of homes that have sold and closed in Santa Clara County, the speed of sale and the pending sale time frame depend a lot on the sale type.
- For short sales, San Jose area homes are typically on the market for about 123 days, then once they are sale pending, it’s approximately 100 days until close of escrow. Start to finish, it’s about 8 months long!
- For bank owned properties in Santa Clara County, days on market are often around 75 and the length of escrow 38 days.
- With regular sales, the DOM is a quick 51 and length of escrow averages 39 days.
- For all sales, the Days on Market was 113.







