The post below was written in October 2009. To see the most current post on the Willow Glen real estate market , click this link.
Or please click on this link to see all related posts with the most current on top.
Willow Glen is an interesting, varied, historic, scenic and upscale part of Silicon Valley. It is convenient to downtown San Jose but has its own distinct history; even though it’s been part of the city of San Jose for nearly 75 years, ask a Willow Glen resident where he or she lives and the answer will be “Willow Glen”, not San Jose.
I’ll use Altos Research for my source (a subscription I have & have the right to reproduce images etc here). Since 95% of Willow Glen is composed of 95125 zip code, that’s what we’ll use. The graphs below are dynamic so although I’m posting this in fall of 2009, the charts should be accurate in the future too. NB, Altos uses list prices.
List prices for San Jose, 95125 over the last 12 months by price quartile:
Average days on market for San Jose, 95125 over the last 12 months by price quartile:
Average inventory levels for Willow Glen (95125):
Median price per square foot (95125):
Average price per square foot in 95125:
Listings absorbed (homes sold):
Median market action index (below 30 is a buyer’s market):
As the last chart indicates, there’s a lot of variation in “the” Willow Glen market. Willow Glen is extremely diverse, with a wide range of pricing, styles of architecture, age of home, lot size, and neighborhood type.
Within Willow Glen, there are many neighborhoods, each with a unique charm and personality. Palm Haven, close to the downtown Willow Glen shopping area, does feature not only a lot of palms (royal & fan palm trees), but beautiful architecture: mediterranean, craftsman, and more. On the southwestern side of Willow Glen you find a delightful pocket of Eichler homes, spacious and lovingly maintained. Cherry Acres and the Dry Creek Road area boasts spacious homes, large lots, big trees and a graciously winding road for which the latter area is named. Canoas Garden is one of the more affordable sections of Willow Glen and is set between Almaden Expy and 87. Other Willow Glen neighborhoods, such as Lincoln Glen, feature ramblers, traditional homes, and in some areas, not a few willow trees too. Hacienda Gardens straddles the border between Cambrian Park and Willow Glen; these homes are on the more affordable end of the scale too.Ages of Willow Glen homes range from very large and old (you will find quite a few Victorians and even an original adobe in WG) to very new (mediterranean style, two stories, on a 4000 SF lot).
Each part of Willow Glen may have its own “real estate market” or micro climate. Additionally, the market can vary depending on price point, precise location, or school district. Most of Willow Glen is in the 95125 zip code, but a sliver is in 95124. A portion of each of these zip codes belong not to the San Jose Unified School District, but to Campbell Schools. So while the graphs and info above are accurate to the best of my knowledge and ability for Willow Glen as a whole, it may not reflect your home’s exact situation. Please contact me for a personal, confidential consultation on selling your Willow Glen home, or you are looking to purchase a Willow Glen home for sale now.
Related Historic Willow Glen articles on this Valley Of Hearts Delight Blog:
Willow Glen Market Update in Brief for June 2010
Friday, June 18, 2010
The Condo and Townhouse Market Update in the West Valley for June 2010
Saturday, June 5th, 2010
(This is a comparative post which includes multiple Silicon Valley areas together with Willow Glen.)
The Micro-Markets of the San Jose Neighborhood of Willow Glen Saturday, March 20th, 2010
The Willow Glen Real Estate Market Trends and Statistics
Wednesday, October 28th, 2009
It’s Not Your Imagination: There are Fewer Homes to Choose from in Silicon Valley
Tuesday, June 16th, 2009
(This is a comparative post which includes multiple Silicon Valley areas together with Willow Glen.)
