Market Updates

March 17, 2023

Housing Market Outlook

Source: California Association of Realtors

I figured spring is a good time to summarize some of the materials from the California Association of Realtor's economists about what is happening in the golden state real estate market.

Over the few years of the pandemic, the number of home sales went ...
View More
Feb. 2, 2023

State of the Real Estate market in San Jose and Surrounding Areas

Written by Kelsey Lane

 

It's February 1st and now that we have enough of 2023 under our belt, I thought I'd weigh in on the state of the real estate market. Even though I called this the current "San Jose Real Estate Market" it's really the ...

View More
April 18, 2022

Tips for a Changing Real Estate Market

Kelsey Lane Real Estate market Trend blog

By Kelsey Lane, Realtor

 

The real estate market has been very hot lately. In some Bay Area pockets, prices have gone up over 35% during the pandemic. But it hasn't been just the past couple years that have been hot - it's been a thriving and fiery real ...

View More
Oct. 14, 2021

Facing the Housing Shortage

Picture of a house on a cracked desert

By Kelsey Lane

 

Coming Face to Face with the Housing Shortage

 

Clients often ask me whether it's possible for the market to still keep going up, and whether they'll be a huge correction. I don't have a magic peek into the future, and while some ...

View More
Aug. 31, 2021

Housing Affordability in the Bay Area

House and Bag of Money on a scale.

By Kelsey Lane,

Source: California Association of Realtors housing affordability index statistics

 

One question on everyone's mind about the current real estate market in Silicon Valley is "Is it sustainable" - which inevitably comes around to the affordability question.

 

I spent some time analyzing the Q2 close-out reports ...

View More
Posted in Market Updates
March 16, 2021

What I Think the Market is Actually Doing

Photo of a wood model house next to calculator and money. Kelsey Lane What I think the Market is Actually Doing

 

Written by Kelsey Lane

Lately, armchair real estate analysts like to say "everyone is moving out of the Bay Area" and "I wonder what that will do to prices." While to some extent it's true, I wanted to share what I'm seeing on a day to day ...

View More
April 1, 2020

The New Rules of Real Estate

 

For two weeks since Shelter-in-Place began in Santa Clara County and Silicon Valley, no set rules had emerged for how to handle the buying and selling of homes. Finally the county, the state, and both Association of Realtors groups have synthesized a plan. Recently, real estate became an "essential ...

View More
Oct. 18, 2019

Area Market Report

Santa Clara County Real Estate Market UpdateOut of 444,000 homes in Santa Clara County, there are 2196 active on the market. Of those, 1472 are single family homes and 724 are condos or townhouses. Average days on market before going into contract is 35, and listings are selling at a rate of 100.2% of ...

View More
Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

View More
Posted in Market Updates