The Cambrian Park Real Estate Market Update

Cambrian Park Real Estate Market graphicThe Cambrian Park real estate market remains a strong seller’s market with prices continuing to rise as compared to the same month a year ago.

For those new to the area, Cambrian is most of the 95124 zip code (south of Foxworthy) and most of 95118 (west of Almaden Expressway). It borders Los Gatos, Campbell, Willow Glen, and Blossom Valley.

The Cambrian Park Real Estate Market Trends at a Glance

The chart below is from our subscription to the RE Report.  The market has soften a little, but it’s no relief for buyers with properties selling 8% over list price on average and selling in 17 days on average, too.

The month over month prices are down a little, which is seasonally fairly normal, but prices remain up compared to a year ago.

Trends At a GlanceJun 2024Previous MonthYear-over-Year
Median Price$1,800,000 (-7.1%)$1,938,000$1,725,000 (+4.3%)
Average Price$1,948,770 (-3.5%)$2,019,380$1,929,600 (+1.0%)
No. of Sales38 (-37.7%)6157 (-33.3%)
Pending38 (+11.8%)3436 (+5.6%)
Active31 (-3.1%)3223 (+34.8%)
Sale vs. List Price108.0% (-3.4%)111.8%109.1% (-1.1%)
Days on Market17 (+106.6%)810 (+63.1%)
Days of Inventory24 (+50.3%)1612 (+102.2%)

 

 

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