Willow Glen in San JoseWillow Glen is perhaps the most charming residential area of the city of San Jose with its old style architecture, tree lined streets and quaint downtown area on Lincoln Avenue and nearby. For folks working in downtown San Jose, the Willow Glen area (roughly the same as 95125 zip code, though a bit of 95124 is included also) is extremely convenient. Inventory hasn’t improved since last year, and homes continually sell close to list price quickly, in just under a month. Willow Glen remains in a sellers market.

Click for the complete Willow Glen real estate report with all of the numbers, stats and trends from the closed sales of houses for last month. Further down in this article you’ll find the Altos Research charts as well.

Willow Glen Stats At A Glance

Year-Over-Year

  • Median home prices increased by 11.5% year-over-year to $1,285,000 from $1,152,000.
  • The average home sales price rose by 13.0% year-over-year to $1,417,810 from $1,254,370.
  • Home sales fell by 17.2% year-over-year to 53 from 64.
  • Active listings fell 5.8% year-over-year to 131 from 139.
  • Sales price vs. list price ratio rose by 0.3% year-over-year to 104.1% from 103.8%.
  • The average days on market rose by 12.8% year-over-year to 18 from 16.

Compared To Last Month

  • Median home prices improved by 5.1% to $1,285,000 from $1,222,500.
  • The average home sales price rose by 12.8% to $1,417,810 from $1,256,370.
  • Home sales up by 20.5% to 53 from 44.
  • Active listings increased 26.0% to 131 from 104.
  • Sales price vs. list price ratio increased by 1.5% to 104.1% from 102.6%.
  • The average days on market dropped by 26.6% to 18 from 24.

A little cooling won’t take us out of a deep sellers market, but it should ease conditions slightly for long-term buyers.

And next, of Willow Glen condos:

Major data shifts are common in condo markets where there is typically less inventory and a greater range of property types, so don’t judge this market by percentiles alone. Now, to put things in perspective – look at the number of listings. There were only 7 active, 11 sold, 17 pending and one foreclosure in the condo market. That’s more than last month, but still a small pool for tracking data. The average turnover rose to 39 days on market from 30. That being said, things are fairly stable with homes selling steadily over list price at 102% on average, and having remained over 100% of list price for many months. Together, this shows that Willow Glen condos are still in a sellers market with a normal amount of data fluctuation.

And from last month:

Willow Glen Condo/Townhome Stats At A Glance:

Year-Over-Year

  • Median home prices increased by 6.8% year-over-year to $780,000 from $730,000.
  • The average home sales price dropped by 0.5% year-over-year to $742,555 from $746,357.
  • Home sales fell by 21.4% year-over-year to 11 from 14.
  • Active listings rose 41.2% year-over-year to 24 from 17.
  • Sales price vs. list price ratio fell by 3.3% year-over-year to 102.0% from 105.4%.
  • The average days on market rose by 115.1% year-over-year to 39 from 18.

Compared To Last Month

  • Median home prices slipped by 0.6% to $780,000 from $785,056.
  • The average home sales price fell by 9% to $742,555 from $815,989.
  • Home sales up by 37.5% to 11 from 8.
  • Active listings increased 14.3% to 24 from 21.
  • Sales price vs. list price ratio dropped by 1% to 102.0% from 103.0%.
  • The average days on market increased by 32.0% to 39 from 30.
 

What about home prices for listings in Willow Glen? Continue reading to view the live Altos Research charts.

Below please find the Altos Charts (to which I have a subscription). NB Altos uses LIST prices, not solds (also they go by zips or cities, so don’t cover Willow Glen per se with it’s partial entry into the 95124 zip).

1 – Houses in the 95125 zip code – history, all prices combined.

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

2 – Houses in the San Jose, 95125 zip code, by price quartile over last 180 days

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

3 – Condominiums and townhouses in Willow Glen, San Jose 95125 – all quartiles combined over the last few years for median list price:

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

4 – Condo and townhomes, median list price, by quartile, last 180 days only:

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

 

Like the greater Silicon Valley region, Willow Glen is comprised of many smaller micro-markets. It will be different in north Willow Glen, Palm Haven, The Willows, or in a walk-to-town area than it will be in the Dry Creek area or St. Francis Woods neighborhood – let alone differences for school districts, price point, zip code and home type! It’s a patchwork of all these smaller markets, in other words. What’s happening in one segment might be very different than in another. Disclaimers aside, overall it is a seller’s market in Willow Glen right now.

Willow Glen homes for sale

Browse residential properties – houses, duet homes, condos and townhomes in Willow Glen which are listed for sale on the MLS by type below.

1. Listings of houses for sale in Willow Glen, San Jose 95125

  1. 3 beds, 2 full baths
    Home size: 1,834 sq ft
    Lot size: 10,410 sqft
  2. 2 beds, 1 full bath
    Home size: 1,378 sq ft
    Lot size: 6,490 sqft
  3. 3 beds, 2 full baths
    Home size: 1,948 sq ft
    Lot size: 8,581 sqft
  4. 3 beds, 2 full baths
    Home size: 1,758 sq ft
    Lot size: 7,666 sqft
  5. 4 beds, 3 full baths
    Home size: 2,318 sq ft
    Lot size: 8,581 sqft

See all Real estate in the 95125 zip code.
(all data current as of 5/29/2017)

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

2. Listings of townhouses or townhomes for sale in Willow Glen, San Jose 95125

  1. 2 beds, 2 full, 1 half baths
    Home size: 1,376 sq ft
    Lot size: 1,611 sqft
  2. 3 beds, 2 full, 1 half baths
    Home size: 1,684 sq ft
    Lot size: 2,047 sqft
  3. 2 beds, 2 full, 1 half baths
    Home size: 1,244 sq ft
    Lot size: 914 sqft
  4. 3 beds, 2 full, 1 half baths
    Home size: 1,684 sq ft
    Lot size: 2,047 sqft
  5. 2 beds, 2 full baths
    Home size: 1,264 sq ft
    Lot size: 3,049 sqft

See all Real estate in the 95125 zip code.
(all data current as of 5/29/2017)

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

3. Listings of condominiums (condos) for sale in Willow Glen, San Jose 95125

  1. 1 bed, 1 full bath
    Home size: 701 sq ft
    Lot size: 1,698 sqft
  2. 2 beds, 2 full, 1 half baths
    Home size: 1,327 sq ft
    Lot size: 14,679 sqft
  3. 2 beds, 2 full baths
    Home size: 1,144 sq ft
    Lot size: 1,568 sqft
  4. 3 beds, 2 full baths
    Home size: 1,312 sq ft
    Lot size: 1,393 sqft
  5. 3 beds, 2 full, 1 half baths
    Home size: 1,622 sq ft
    Lot size: 1,045 sqft

See all Real estate in the 95125 zip code.
(all data current as of 5/29/2017)

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

 

 

 

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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


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