FOR SALE: 19820 Graystone Ln in San Jose $1,249,888 – Check out this aerial video! Build your own custom dream home at the top of Graystone Ln with spectacular views of Almaden Valley. A serene and private 1+ acres lot nestled on top of the hill awaits your design. Top rated/Blue ribbon Almaden Schools, Graystone, Bret Harte and Leland. Recent conceptual plans for development are available. Ample room for a pool and all other fun backyard amenities. CALL ME to arrange a private viewing.
IN ESCROW: 7350 Crawford Dr in Gilroy $620,000 – Sold $20,000 over asking!
IN ESCROW: 3967 Malvini Dr in San Jose $805,000 – Snatched it for $15,000 below appraised price!
IN ESCROW: 5 Caspian Ct in Gilroy $604,900 – Brand new development, and got it for $5,000 off list!
MUST READ: Silicon Valley commercial real estate market continues to hum in second quarter
Here’s a phrase you might encounter (verbatim or paraphrased) while perusing some of the second-quarter commercial real estate reports being released this month: “Not since the dot-com era.” That locution — applied to leasing activity, development, sales or rents — is a reflection of continued strong activity across asset classes and… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!
FORECAST: Multiple offers are still present, although fewer than a month ago. This is likely due to the increase in travel that occurs during the summer months. I suspect the activity will come back at the end of the summer break.
RECAP: Santa Clara County
Demand for housing in Santa Clara County is continuing to be very strong. Buying opportunities will remain limited until more people bring their home to the market.
IN ESCROW: 7350 Crawford Dr in Gilroy $620,000 – Sold $20,000 over asking!
IN ESCROW: 3967 Malvini Dr in San Jose $805,000 – Snatched it for $15,000 below appraised price!
IN ESCROW: 5 Caspian Ct in Gilroy $604,900 – Brand new development, and got it for $5,000 off list!
MUST READ: Silicon Valley commercial real estate market continues to hum in second quarter
Here’s a phrase you might encounter (verbatim or paraphrased) while perusing some of the second-quarter commercial real estate reports being released this month: “Not since the dot-com era.” That locution — applied to leasing activity, development, sales or rents — is a reflection of continued strong activity across asset classes and… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
- Used a drone to shoot an aerial video to highlight a spectacular view lot in Almaden Valley.
- Performed research at the city in order to discover the feasibility of splitting a lot.
- Helped a seller put together a 6 month plan to prepare a home for sale.
- Considering selling in the next 18 months? Let me know and I can give you advice and strategies to obtain top market value.
- Looking for a home in a specific school district? My website can do that for you.
- Looking for a home with an “open floorplan” or “big backyard”? My website can do that too.
Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!
FORECAST: Multiple offers are still present, although fewer than a month ago. This is likely due to the increase in travel that occurs during the summer months. I suspect the activity will come back at the end of the summer break.
RECAP: Santa Clara County
Demand for housing in Santa Clara County is continuing to be very strong. Buying opportunities will remain limited until more people bring their home to the market.
RECAP: San Mateo County
San Mateo County sales are staying strong. I think the trend for the coming months will be consistent with the previous 6 months. CALL ME IF YOU NEED
ANY SPECIFIC INFORMATION.
San Mateo County sales are staying strong. I think the trend for the coming months will be consistent with the previous 6 months. CALL ME IF YOU NEED
ANY SPECIFIC INFORMATION.
Housing Inventory Snapshot
|
June 30, 2015
| ||||||
June 2015
|
Average List Price
|
30 Days Trend
|
Median List Price
|
30 Days Trend
|
Average DOM: active/sold
|
30 Days Trend
|
Number of Listings
|
Alameda County, CA
| |||||||
Single Family under $1M
|
$630,835
|
0.74%
|
$648,000
|
-0.15%
|
36
|
4
|
713
|
Single Family over $1M
|
$1,862,180
|
1.09%
|
$1,599,000
|
6.60%
|
66
|
5
|
256
|
Condo/Townhome under $600K
|
$418,111
|
2.57%
|
$418,000
|
4.53%
|
34
|
7
|
196
|
Condo/Townhome over $600K
|
$769,125
|
1.86%
|
$768,000
|
9.89%
|
20
|
2
|
52
|
San Mateo County, CA
| |||||||
Single Family under $1M
|
$796,028
|
1.98%
|
$799,000
|
0.52%
|
36 / 24
|
10 / 15
|
117
|
Single Family over $1M
|
$4,340,548
|
-1.13%
|
$2,100,000
|
-8.25%
|
87 / 20
|
14 / 11
|
214
|
Condo/Townhome under $600K
|
$489,826
|
5.57%
|
$488,000
|
4.27%
|
16 / 20
|
2 / 5
|
18
|
Condo/Townhome over $600K
|
$1,034,669
|
3.17%
|
$895,000
|
3.11%
|
41 / 18
|
5 / 4
|
47
|
Santa Clara County, CA
| |||||||
Single Family under $1M
|
$748,644
|
-0.84%
|
$749,999
|
-1.96%
|
36 / 15
|
3 / -8
|
493
|
Single Family over $1M
|
$2,494,871
|
-2.37%
|
$1,798,000
|
-2.81%
|
62 / 16
|
9 / 2
|
589
|
Condo/Townhome under $600K
|
$448,727
|
-0.18%
|
$449,000
|
-0.22%
|
26 / 18
|
2 / -1
|
134
|
Condo/Townhome over $600K
|
$915,100
|
1.03%
|
$799,000
|
-5.78%
|
23 / 12
|
5 / -2
|
122
|
San Francisco County, CA
| |||||||
Single Family over $575K
|
$2,602,242
|
0.17%
|
$1,388,000
|
6.93%
|
56
|
-1
|
163
|
Condo/Townhome over $340K
|
$1,553,994
|
2.54%
|
$1,150,000
|
-3.77%
|
51
|
6
|
208
|
The table represents aggregated values based on MLS data for the specified date.
As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property. I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.
* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.
Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.
Warm regards,
Nathan Nahouraii
As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property. I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.
* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.
Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.
Warm regards,
Nathan Nahouraii
