James Endo - June 2024 Market Update

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SantaClaraCounty

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AboutMe

With over 37 years of experience in Silicon Valley real estate, I, James Endo, offer a unique blend of expertise as a lender, broker, and investor. My guiding principle, "Wisdom, Care, Results: Your Real Estate Advantage," reflects my commitment to each client's success.

I specialize in various real estate scenarios, from first-time buyers to luxury sales and investments, across key Bay Area markets. My approach combines meticulous market analysis with intuitive understanding, allowing me to spot opportunities others might miss, so you can get the results and homes!.

Negotiation is my forte, and I pride myself on securing the best deals for my clients. With over 900 homes sold, I bring a wealth of experience to every transaction. I ask the tough questions, provide honest insights, and navigate tirelessly to protect your interests. And if I don’t know, I will find out and get it!

Whether you're buying, selling, or investing, I'm dedicated to turning your real estate aspirations into reality. Let's leverage my wisdom, care, and results-driven approach to give you the real estate advantage you deserve.

Check out my website here

ClientTestimonials

I had bought my home near the height of the housing market boom in Dec 2005. After almost 10 years of being underwater and unemployed for a year I contacted James, who I had met through a friend, to help me sell my home Being handy I could do a lot of needed work myself but it would take time I called James and he came to my home to discuss my options, develop a plan, and establish clear goals to meet the desired outcome. James was always available. He was patient, kept track of the housing market and provided resources to keep me on track to stay within budget for the 9 months it took me to get my home ready. Even to the point of personally helping out at the last minute to get the artwork/staging just right and to help me get them on the wall! Clearly above and beyond the call of duty By the time the open house arrived I knew I had the best in the business working for me The final outcome was so much more than I could have imagined and I am eternally grateful to James for his guidance and expertise in making it happen. His staff was professional and courteous being sure that I had everything I needed concerning documents and communications making the process as smooth as could be. I highly recommend James Endo in any capacity when dealing with any Real Estate issue.

We cannot begin to thank James for his help in selling our home! He is professional, resourceful, wise, trustworthy, and an overall great person! We couldn't imagine working with anyone else and highly recommend him! It was such a pleasure working with him and if the opportunity comes again, we would choose James as our agent!”

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What’syourhome reallyworthin today’smarket?

That's really the question you should be asking yourself.

Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.

So, do you know what your home is worth today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

BestLong-TermInvestment

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision.

According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:

Santa Clara County

What's in the Santa Clara County data?

The market for Single Family Homes, Condo, and Townhomes units saw 1,156 closed sales at a median price of $1.6m. There was a total of 1,624 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,093.

New Listings Closed Sales

1,624

+38.9% Year-over-Year

1,156

+2.7% Year-over-Year

Average Price Per SqFt

$1,093

+8.6% Year-over-Year

Median Sale Price

$1.6M

+6.3% Year-over-Year

Average Days-on-Market

16

Total Volume -5.8% Year-over-Year

$2.3B

+11% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Single Fa 1,115 New Listings

15 Average Days-on-Mark $1.9

Median Sale P

Data includes all sing sourced from MLS List but may change with l contain errors and are s

9 s

8 e t $827 Average Price Per SqFt M e

342 Closed Sales $384M Total Volume

LuxuryListingsforSale

Los Gatos

What's in the Los Gatos data?

The market for Single Family Homes, Condo, and Townhomes units saw 43 closed sales at a median price of $3m. There was a total of 65 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $1,278.

+32.6% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings

Average Price Per SqFt

$1,278

+18.9% Year-over-Year

43

$3M Median Sale Price -2.2% Year-over-Year

+38.9% Year-over-Year

18 $125M Total Volume -14.2% Year-over-Year

+17.9% Year-over-Year

26 Average Days-on Market

$1.6M Median Sale Price

$890 Average Price Per SqFt

9 Closed Sales $12M Total Volume

LuxuryListingsforSale

Cambrian (San Jose)

What's in the Cambrian (San Jose) data?

The market for Single Family Homes, Condo, and Townhomes units saw 43 closed sales at a median price of $1.7m. There was a total of 64 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $1,166.

64

+3.2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings

Average Price Per SqFt

$1,166

+7.3% Year-over-Year

43

$1.7M Median Sale Price -36.7% Year-over-Year

+4.7% Year-over-Year

12 $80M Total Volume +20% Year-over-Year

-34.8% Year-over-Year

4 Closed Sales

$876 Average Price Per SqFt

4.8M

Total Volume

Campbell

What's in the Campbell data?

The market for Single Family Homes, Condo, and Townhomes units saw 44 closed sales at a median price of $1.8m. There was a total of 51 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,162.

51

+50% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings

Average Price Per SqFt

$1,162

+25.7% Year-over-Year

44

+69.2% Year-over-Year

$1.8M Median Sale Price

+12.4% Year-over-Year

16

$80M Total Volume -5.8% Year-over-Year

+90.7% Year-over-Year

11 Average Days-on Market

$1.2M Median Sale Price

$848 Average Price Per SqFt

15 Closed Sales $17M Total Volume

Blossom Valley (San Jose)

What's in the Blossom Valley (San Jose) data?

The market for Single Family Homes, Condo, and Townhomes units saw 81 closed sales at a median price of $1.4m. There was a total of 102 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $909.

June 2024

102

+72.8% Year-over-Year

Average Price Per SqFt

$909 New Listings

+10.5% Year-over-Year

81

+24.6% Year-over-Year

Median Sale Price

$1.4M Closed Sales

+5.7% Year-over-Year

Average Days-on-Market

+9% Year-over-Year

Total Volume

12 $109M

+32.6% Year-over-Year

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings The most recent month’s data is based on available numbers, but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

13 Average Days-on Market

$785K Median Sale Price

23 Closed Sales $17M Total Volume

$711 Average Price Per SqFt

LuxuryListingsforSale

(+$3,000,000 & Above)

(+$3,000,000 & Above)

Willow Glen (San Jose)

What's in the Willow Glen (San Jose) data?

The market for Single Family Homes, Condo, and Townhomes units saw 63 closed sales at a median price of $2m. There was a total of 88 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,081.

88

+60% Year-over-Year

Average Price Per SqFt

$1,081 New Listings

+4% Year-over-Year

63

+28.5% Year-over-Year

$2M Closed Sales Median Sale Price

+14% Year-over-Year

15

Total Volume -16.6% Year-over-Year

$133M Average Days-on-Market

+35.4% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

SqFt

11 Average Days-on Market

$1.1M Median Sale Price

9 Closed Sales $10M Total Volume

$768 Average Price Per SqFt

LuxuryListingsforSale

Central San Jose

What's in the Central San Jose data?

The market for Single Family Homes, Condo, and Townhomes units saw 51 closed sales at a median price of $1.1m. There was a total of 96 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $848.

+31.5% Year-over-Year

$848 Average Price Per SqFt

+8.7% Year-over-Year 51

$1.1M Median Sale Price -8.9% Year-over-Year +18.4% Year-over-Year

22 $57M Total Volume +57.1% Year-over-Year -1.1% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

22 Average Days-on Market $684 Average Price Per SqFt

$772K Median Sale Price

23 Closed Sales $19M Total Volume

LuxuryListingsforSale

Santa Clara City

What's in the Santa Clara City data?

The market for Single Family Homes, Condo, and Townhomes units saw 67 closed sales at a median price of $1.6m. There was a total of 90 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,119.

June 2024

90

+38.4% Year-over-Year

Average Price Per SqFt

$1,119 New Listings

+5.2% Year-over-Year

67

+13.5% Year-over-Year

Median Sale Price

$1.6M Closed Sales

+4.3% Year-over-Year

+23% Year-over-Year

Total Volume

16 $107M Average Days-on-Market

+21.1% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

17 Average Days-on Market

$1.2M Median Sale Price

30 Closed Sales

$870 Average Price Per SqFt

$35M Total Volume

LuxuryListingsforSale

Sunnyvale

What's in the Sunnyvale data?

The market for Single Family Homes, Condo, and Townhomes units saw 81 closed sales at a median price of $1.8m. There was a total of 123 new listings with an average of 10 days on the market without price reduction and with an average price per square foot of $1,298.

June 2024

123

+75.7% Year-over-Year

Average Price Per SqFt

$1,298 New Listings

+4.2% Year-over-Year

81

Median Sale Price -5.8% Year-over-Year

$1.8M Closed Sales

-6% Year-over-Year

10

Total Volume -9% Year-over-Year

$171M Average Days-on-Market

+1.2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

72 New Listings

48 Closed Sales

10

Average Days-on-Market

$1,513

Average Price Per SqFt $2.6M

Median Sale Price

Data

$122M

Total Volume

10 Average Days-on Market

$1.5M Median Sale Price

33 Closed Sales

$985 Average Price Per SqFt

$48M Total Volume

LuxuryListingsforSale

Saratoga

What's in the Saratoga data?

The market for Single Family Homes, Condo, and Townhomes units saw 31 closed sales at a median price of $3.9m. There was a total of 39 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $1,428.

39

+85.7% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings Closed Sales Average Days-on-Market

$1,428 Average Price Per SqFt

+9% Year-over-Year

31

+29.1% Year-over-Year

$3.9M Median Sale Price

+19.3% Year-over-Year

+68.7% Year-over-Year

27 $124M Total Volume

+44.6% Year-over-Year

24 Average Days-on-Market

$4M

Median Sale Price 27 Closed Sales

$1,493

Average Price Per SqFt

$119M

Total Volume

Data

4

44 Average Days-on Market

$1.4M Median Sale Price

4 Closed Sales

$989 Average Price Per SqFt

$5.8M Total Volume

LuxuryListingsforSale

Dedicated to Su

Being an independently owned and operat franchise of Keller Williams, KW Bay Area E has the position as the Bay Area’s foremos estate services firm with the execution of customer service. KWBAE’s unparalleled t of more than 250 associates and professio strategically located in Los Gatos and Sara the same ownership, we have our division Bay Commercial.

With uncompromising principles, KW Bay has established a new standard of excellen industry. The company’s growth has been exciting. Since its inception, the team has s represented more than 9,000 transaction more than $12 billion in total sales.

Dedicated to upholding unparalleled stand integrity and client care, they strive to crea where agents thrive while developing thei businesses to their maximum potential. KW Estates has given their agents over $2.6 m in profit share.

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