Looks like it is holding pretty steady in inventory. Big spike from beginning of the year, but now it’s been flat which is a good sign.
Homestead High School Zone
7 days later, 27 homes available for sale.
4 new. 23 previous. So (26-23) = 3 out of previous 26 available are sold or delisted over the last 7 days.
Inventory stays at 25-28, fairly stable, no signs of panic selling.
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
How is the inventory in the neighborhood Santa Clara?
the symptoms wont show in Sunnyvale/Cupertino first for sure
https://www.redfin.com/CA/Sunnyvale/505-Davenport-Ct-94087/home/829395
not a full size lot, small house. did the buyer overpay?
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Considering the high-speed road next to come, It may be. These locations are changed last 4 or 5 years and competitive bidding is common.
Homestead High School Zone
7 days later, 23 homes available for sale.
3 new. 20 previous. So (27-20) = 7 out of previous 27 available are sold or delisted over the last 7 days.
Inventory drops from the range 25-28 due more sale and less new on the market.
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
I am noticing that even Fremont inventory is going down especially in the last week. May be people really have been waiting for Prop 10 vote.
@hanera: Would you say this area (feeding to Homestead high) is a fairly robust area against economic fluctuations? We weren’t really looking as far south as Homestead, but we liked few homes we went last time. E.g.
https://www.redfin.com/CA/Sunnyvale/1784-Kimberley-Dr-94087/home/147521781
This area has good schools and easy access to AAPL, FB, GOOG and networking/ semi companies to the east.
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This one is seasonal, Oct - Dec, they would have pulled out of listing as they do not want to mess up with their holiday schedules.
Homes are going sale pending. I have been following Fremont closely.
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That’s an excellent area. Good schools and convenient commute to Mountain View, Sunnyvale. It’s against peak traffic to downtown San Jose.
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This town home sold for 200K over listing and 100K over Redfin estimate.
https://www.redfin.com/CA/Cupertino/8078-Park-Villa-Cir-95014/home/1313562
I know this area very well. These town homes are like SFHs and walk able distance to all three top schools in Monta Vista area. No need of car transport to drop/pick up kids as this is walk able distance. Multiple offers are common even at worst real estate conditions as buyers stay normally 12-16 years once bought. Highway in few mins for work purpose, but towards traffic to google and facebook etc.
Homestead High School Zone
7 days later, 17 homes available for sale.
2 new. 15 previous. So (23-15) = 8 out of previous 23 available are sold or delisted over the last 7 days.
Inventory drops further to 17 (last week is 23) from the range 25-28 due to more sale (8) and less new (2) on the market. This is consistent with other bloggers’ observations in different neighborhoods. Selling stocks to buy RE?
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
Available homes for sale - 17
Sale Pending homes - 18
Sold in last 30 days - 20
Homes are selling and right now the inventory is just less than one month of sales. Prices have come down from the summer peak but still higher than last year.
Homestead High School Zone
7 days later, 19 homes available for sale, 3 new and 16 previous.
So (17-16) = 1 out of previous 17 available are sold or delisted over the last 7 days.
Inventory increases to 19 (last week is 17) from the range 25-28.
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
Homestead High School Zone
7 days later, 18 homes available for sale, 1 new and 17 previous.
So (19-17) = 2 out of previous 19 available are sold or delisted over the last 7 days.
Inventory decreases to 18 (last week is 19) from the range 25-28.
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
Homestead High School Zone
7 days later, 17 homes available for sale, 1 new and 16 previous.
So (18-16) = 2 out of previous 18 available are sold or delisted over the last 7 days.
Inventory decreases to 17 (last week is 19) from the range 25-28.
1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.90M Jul 31, 2018
Why is this house not selling - this price drop is below the market I would think: https://www.redfin.com/CA/Sunnyvale/1013-Payette-Ave-94087/home/772519