Cambrian condos/townhomes are the stars! The number of condos/ townhomes for the Cambrian area of San Jose is just 19 actives. This is a huge reduction in inventory from last year’s 35!
There were 13 pending sales in the last 30 days and 13 closed condos/townhomes in January. Pending plus closed sales are way up! In fact last year there were only 2 closed sales of condos/townhomes in the area for January. These are good signs of the real estate marketing returning to San Jose.
The number of active single family homes in the Cambrian area is 90. The active listing are down 44% from last January. There were 63 pending listings in the last 30 days. 22 sales closed in January. The number of pending sales are equla to last year. The closed sales are off about 20%. The list price range of the active homes is $375,000-$1,249,000. The median list price is $599,000. The list price range for the pending sales is $369,000-$1,200,000.
Are you looking for a home? What are you seeing?
Pat Chadwell, Broker
Realty World – Residential Specialists