MARKET TRENDS
What’s Going on with the Market Right Now
LAST 15-MONTH MARKET TREND- updated 8/11/11, 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)
August 11, 2011 Market Trends
In Cupertino in year over year in July seeing decrease in inventory by 20%, average sale is slightly under asking, decrease in sale price vs a year ago by 5.6%, and low inventory with 2.3 months of inventory only.
In Sunnyvale in year over in July, seeing decrease in sale by 26.1%vs last year, average sale price close to asking price, and average sale price decreased by 6.3% vs last year, and still low inventory with only 1.6 months of inventory
