Wednesday, April 28, 2010

Bay Area Real Estate Update.

Here is some valuable information about the Real Estate market in Santa Clara County. As you can see there is a lot of activity in our area and the information points in the better direction for sales price, etc.

March Property sales were 961, up 26.0% from 763

in March of 2009 and 46.3% higher than the 657

sales last month. March 2010 sales were at their

highest level compared to March of 2009 and 2008.

March YTD sales of 2,237 are running 12.1% ahead

of last year's year-to-date sales of 1,996.

The Median Sales Price in March was $590,000, up

31.1% from $450,000 in March of 2009 and up

7.3% from $550,000 last month. The Average Sales

Price in March was $737,017, up 22.1% from

$603,762 in March of 2009 and up 4.3% from

$706,723 last month. March 2010 ASP was at a mid

range compared to March of 2009 and 2008.

Also, as a part of our Bay Area Concierge Services we offer expert real estate services to you, your friends and family. Visit us online at www.mmgproperties.com or call us at 408.399.1495.

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