Martin Santiago - November 2024 Market Report | Peninsula Estates (Santa Clara County)

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Peninsula Estates

Santa Clara County

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What’syourhome reallyworthin today’smarket?

That's 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. It's the current market that sets the value of your home.

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

Icanhelp...

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

IsaFixerUpperRightforYou?

Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.

What Is a Fixer Upper?

A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.

Sant Cou

What's in t

County da

There were 759 providing 1.1 mo new listings, and price of $1.9m. T was at 103 8%, w market.

There were 546 sale, providing 1 were 408 new lis median sale pric percentage was days on the mar

homes, 2024. All Palo

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last October 2023, to $1 9m as of October 2024

Condos & Townhomes

The median sale price has increased from $984k last October 2023, to $1m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 19 days last October 2023, to 19 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 20 days in October 2023, to 25 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 5% last October 2023, to 103 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.9% last October 2023, to 100.7% a year later.

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