South Bay - Weekly Market Report: NOV 22 - 28, 2023

Check out this NOV 22 - 28, 2023 market report! Get the best insights on when to place a plan for your new home with this weekly market guide in South Bay.

📍 Campbell 📍 Cupertino 📍 Los Altos 📍 Los Gatos
📍 San Jose 📍 Santa Clara 📍 Saratoga

Campbell's real estate market is currently experiencing a lull, with no properties sold recently and a relatively high number of active listings. This could indicate a buyer's market, where buyers have more options and negotiating power.

Cupertino shows a robust market with a high median sold price, indicating a strong demand for properties. The quick median days on market suggest properties are moving fast, reflecting a seller's market.

Los Altos has a moderate market with a significant median sold price. The longer days on market could mean properties are taking more time to sell, offering opportunities for negotiation.

Los Gatos shows a vibrant market with a high volume of active listings and a substantial median sold price. The rapid turnover of properties indicates a competitive market.

San Jose presents the most dynamic market with a large number of listings and sales. The price changes suggest an active market with potential for both buyers and sellers.

Santa Clara's real estate market is strong, with properties selling quickly at high median prices, indicating a seller's market with high demand.

Saratoga, similar to Campbell, is currently quiet with no recent sales. This could be an opportunity for buyers looking for less competitive markets.

In summary, each city displays unique trends: Cupertino, Los Gatos, and Santa Clara are seller's markets with high demand and quick sales; San Jose shows a very active and dynamic market; Los Altos offers a more balanced scenario with opportunities for negotiation; and Campbell and Saratoga indicate quieter markets potentially favoring buyers.

Want more professional advice on buying houses or listing your home in San Francisco Bay Area? 
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