Santa Clara Valley Inventory Update

Santa Clara County has 1984 condos and homes for sale. That breaks down to 1452 SFRs (Single Family Residences) and 532 PUDs (Condos and Townhouses).  Pretty typical low inventory this time of the year as many of the occupied home seller take their properties off the market for the Holidays. The interesting thing is how low the inventory would be if you remove the 505 SFR and 269 PUD REO and Short Sales, or 774 distressed properties. That would break down to only 947 SFR and 263 PUD for a total of only 1210 total non-distressed properties in all of Santa Clara County. Now if you factor in the pending sales of 3079, you see despite what the media is saying, we are in a big seller’s market. If you are thinking of selling, call me, now may be a great time. There is very low inventory, very high demand and still crazy low interest rates.

Official seal of County of Santa Clara
Image via Wikipedia

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