Where Is the Silicon Valley Market Heading?
Manage episode 152666766 series 1067341
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Looking to sell in the Silicon Valley? Get a Home Price Evaluation
Here's what we've seen the market do since last year:
- 10% increase in sales price ($795,000 to $875,000)
- Days on market has dropped by a day
- The number of sales has increased (16,426 to 17,112)
- 17.5% fewer active listings (4,284 to 3,523)
During this time of year, we're often asked whether it's better to wait until spring to sell. With the numbers we're seeing now, and with as few homes available as we're currently seeing, it may be the perfect time to sell depending on your neighborhood. If there's not a single house from your neighborhood on the market, it might just be the perfect time to sell quickly and get top dollar for your home.
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