Santa Clara County Inventory Snapshot

Santa Clara County Inventory Snapshot

Feb 02, 2010 0 Comments

http://livelyestate.blogspot.com/2010/01/local-inventory.html
image is at: http://4.bp.blogspot.com/_YfAE_AYDhfY/S1njYAp4idI/AAAAAAAAA2w/89Vntu-mOkk/s1600-h/SCC+inventory.JPG
Qing Li provides an excellent overview of the local housing market on his post at  ”Local Inventory”.
As someone who appreciates, well-presented data, I especially liked the following graph he provided. For example, a  snapshot of the inventory in Santa Clara County this Jan 2010 reveals that the total housing inventory has fallen by about two thirds since the same time last year.
Qing goes on to display the turnover rate for five different cities — comparing inventory to pending sales since 2003. In 2009, Santa Clara’s turnover rate is 7.2 months, Cupertino 10, Sunnyvale 8.3, Mountain View 10.5, Los Gatos 22.3, Saratoga 23.1, Los Altos 13.4, and Los Altos Hills 31. This clearly shows that lower end markets such as Santa Clara and Sunnyvale are more active, with activity approaching “normal”, while high end markets such as Saratoga, Los Gatos, Los Altos, Los Altos Hills are still moving slowly.




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Qing Li provides an excellent overview of the local housing market on his blog Lively Estate.

As someone who appreciates, well-presented data, I especially liked the following graph he provided (click the graph for full size). For example, a  snapshot of the inventory in Santa Clara County this Jan 2010 reveals that the total housing inventory has fallen by about two thirds since the same time last year.

Santa Clara County Inventory

Santa Clara County Inventory


Qing goes on to display the turnover rate for five different cities — comparing inventory to pending sales since 2003. In 2009, Santa Clara’s turnover rate is 7.2 months, Cupertino 10, Sunnyvale 8.3, Mountain View 10.5, Los Gatos 22.3, Saratoga 23.1, Los Altos 13.4, and Los Altos Hills 31. This clearly shows that lower end markets such as Santa Clara and Sunnyvale are more active, with activity approaching “normal”, while high end markets such as Saratoga, Los Gatos, Los Altos, Los Altos Hills are still moving slowly.

Related links on this blog recommended by Arkayne:

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Cupertino Real Estate, Mountain View Real Estate, Real Estate Investment, Santa Clara Real Estate, Sunnyvale Real Estate
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