MARKET TRENDS
What’s Going on with the Market Right Now
LAST 15-MONTH MARKET TREND - updated 7/11/11, includes 5 major categories:1. Number of Solds/Pending/Active
2. Avg. Price/SqFt
3. Sale Price/Orig Price%
4. Average Price for Sale & Sold
5. Months of Inventory
(click on the City OR Zipcode Below, Other areas and subareas also available, contact Dorothy)
July 11, 2011 Market Trends
In Cupertino in year over year in June, seeing decrease in inventory by 14%, average sale is slightly under asking, increase in sale price vs a year ago by 13%, and low inventory with 1.3 months of inventory only.
In Sunnyvale in year over in June, seeing same amount of sale as last year, average sale price close to asking price, and average sale price selling similiar to last year, and still low inventory with only 1.4 months of inventory