Santa Clara County - March 2008 - Real Estate Market Analysis
Santa Clara County real estate has started to show signs of the downturning market. Over the last few months, we have seen the average sales price of a home in Santa Clara County drop after years of continuing to increase despite huge inventories and low sales.
This month showed a continuation of that trend, with perhaps a few indications that we might be pivoting towards stability. Take a look at this months video presentation for all the details.
Due to popular demand, I will begin to post the report results in a narrative form as I have in the past. However, the posting of this information will lag behind the posting of the video portion by a few days. Thanks for taking the time to take a look at my real estate reports on all the local markets!
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