April 2013 Silicon Valley Real Estate Market Update
By Tom McEvoy, MBA, SRES / Broker Associate / Realtor
(RE/MAX Gold Santa Clara Valley)
Here are my observations of the most recent March transactions for Santa Clara County real estate and San Mateo County real estate. Your comments and questions are always welcome. If you see something in your neighborhood that you are curious about or have a question, please don't hesitate to share with us. If you have questions or a comment, please leave them here, or feel free to contact me through my website or send me an email. General Market Observations and Comments -- Inventory, those homes available for sale have continued to increase, but remain well below the average level for this time of year. In Santa Clara County, there were just 908 single family residences on the market versus 857 last month. In San Mateo County, there were 446 compared to 433. These levels are running...
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