prove it! july 2015 was hot

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Evergreen Real Estate Market Update July 19, 2015 Sheryl Martinez, REALTOR® CA BRE#01310103 Aalis Platinum Properties | evergreenaalis.com

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Page 1: Prove it! July 2015 Was HOT

Evergreen Real Estate Market

UpdateJuly 19, 2015

Sheryl Martinez, REALTOR® CA BRE#01310103

Aalis Platinum Properties | evergreenaalis.com

Page 2: Prove it! July 2015 Was HOT

Sheryl Martinez408.209.7674

sherylmartinez.info

~1994 started Real Estate Career

Page 3: Prove it! July 2015 Was HOT

Santa Clara CountySan JoseEvergreen

Page 4: Prove it! July 2015 Was HOT

How’s the market METRICS

Days on MarketInventory: Active, Pending, SOLDMedian & Average - Price Points

Page 5: Prove it! July 2015 Was HOT

Average Day on Market - Pendingafter July1, 2015

59 units pending

40 in under 30 DOM – 68%

30 in under two weeks – 51%

Is the market slowing down? No.

Page 6: Prove it! July 2015 Was HOT

Average Day on Market - CLOSEDafter July1, 2015

46 units closed

41 in under 30 DOM – 89%

31 in under two weeks – 67%

Was the market activity slow in April, May, June?

No.

Page 7: Prove it! July 2015 Was HOT

Average Day on Market - CLOSEDafter July1, 2015

46 units closed

Average list price $910,916

Closed price $928,338

+1.0%*

*If your home is priced properly, shows fairly well, and accessible for showings, you should be getting asking price if not slightly over.

Page 8: Prove it! July 2015 Was HOT

New Active - 19 unitsIn the last week

Page 9: Prove it! July 2015 Was HOT

Price Reductions - 24 units In the last week

Page 10: Prove it! July 2015 Was HOT

Median Sales Price June

2015 2014

Santa Clara County $890,000 (^13.2%)

$786,000

San Jose $760,000 (^10.9%) $685,000

Evergreen $976,000 (^51.3%)

$645,000

Alum Rock $546,000 (^17.4%) $465,000

South SJ $580,500 (^9.7%) $529,000Single Family Homes and Condo/Townhouses

Page 11: Prove it! July 2015 Was HOT

Evergreen Summer Fun Fact

2015 2014 2013 2012

102.8%* 101.4% 102% 100.6%

2015 will be the fourth summer in a row, where summer sales in Evergreen for all price points combined, averaged above median asking price!*June 2015 only

Page 12: Prove it! July 2015 Was HOT

Sheryl Martinez408.209.7674

sherylmartinez.info

~1994 started Real Estate Career