Santa Clara Homes Sales for July 2010

by vbrasil on August 14, 2010

51 Homes in Santa Clara sold in July of this year. 10 of those homes were short sales and 11 were bank owened or REO. Total distressed sales were around 40% of total sales. Last month 49 homes sold in Santa Clara and 18 of those homes were distressed sales. Which isn’t too far off from this month’s numbers. May had 71 sold homes and 16 distressed sales. Overall sales have been slowing down for the last two months and while roughly same number of distressed sales have been occuring.

If you have been following the Santa Clara real estate market closely you would have noticed that inventory has been increasing. Mostly on the low end, but also in other market segments as well. Its good to see that homes are still selling, especially distressed properties, short sales and bank owned homes, which still continue to hit the market and are likely to do so for years to come.

Where do we go from here? This year has been a decent year for sellers and an improvement over the last few years. With interest rates so low we can expect the housing market to remain strong in the area. We are likely experiencing a seasonal adjustment. Typically the summer months do die down in sales so this is no shock. What is important now is monitoring inventory levels and how long homes are staying on the market. This will determine the likelihood of whether or not prices will hold or drop.

  List Price Street Address DOM Sale Price Close Date Additional Listing Info
1  
  $329,000
1785 LONG ST – $240,000 7/28/2010 Normal Sale
2  
  $346,791
2525 AMETHYST DR 14 $380,000 7/21/2010 Short Sale
3  
  $375,000
1372 DON AVE 6 $410,000 7/7/2010 Short Sale
4  
  $390,000
1765 FRANCK AVE 41 $350,000 7/9/2010 Bank Owned
5  
  $399,000
1402 PACHECO ST 53 $425,000 7/1/2010 Short Sale
6  
  $399,000
612 ENRIGHT AVE 5 $439,000 7/22/2010 Short Sale
7  
  $427,000
3217 SAN JUAN AVE 9 $452,000 7/30/2010 Bank Owned
8  
Price reduced from $475,000 (-$16,000) $459,000
2311 REGINA CT 89 $475,000 7/7/2010 Short Sale
9  
  $459,900
1780 SANTA CLARA ST 21 $420,000 7/27/2010 Bank Owned
10  
Price reduced from $489,900 (-$15,000) $474,900
916 BAIRD AVE 81 $460,000 6/30/2010 Bank Owned
11  
  $475,000
871 CLYDE AVE 13 $475,000 7/7/2010 Short Sale
12  
Price reduced from $490,000 (-$15,000) $475,000
242 MARIA ST 89 $470,000 7/16/2010 Bank Owned
13  
Price increased from $469,000 (+$9,250) $478,250
2268 BRAY AVE 57 $455,000 7/30/2010 Court Confirmation Is Required
14  
  $479,800
759 ORKNEY AVE 16 $470,000 6/23/2010 Bank Owned
15  
Price reduced from $550,000 (-$51,000) $499,000
983 BLOSSOM DR 112 $510,000 7/2/2010 Short Sale
16  
  $499,000
2486 JOHNSON PL 6 $510,000 7/22/2010 Normal Sale
17  
  $500,000
2504 JOHNSON PL 7 $550,000 7/15/2010 Short Sale
18  
  $510,000
2625 SONOMA PL 12 $490,000 7/8/2010 Bank Owned
19  
  $515,000
756 BAIRD AVE 7 $521,000 6/24/2010 Normal Sale
20  
  $535,000
1049 LEITH AVE 19 $525,000 7/14/2010 Normal Sale
21  
  $538,000
588 N MONROE ST 8 $532,000 7/9/2010 Normal Sale
22  
Price increased from $499,950 (+$38,050) $538,000
2263 KENWOOD AVE 481 $525,500 6/30/2010 Short Sale
23  
Price reduced from $569,000 (-$20,000) $549,000
965 LAS PALMAS DR 39 $542,000 7/29/2010 Normal Sale
24  
Price reduced from $590,000 (-$40,001) $549,999
1913 BEECH ST – $565,000 6/18/2010 Short Sale
25  
Price reduced from $570,000 (-$20,000) $550,000
2344 BOXWOOD DR 58 $550,000 7/19/2010 Normal Sale
26  
Price reduced from $575,000 (-$15,200) $559,800
2305 ROSITA AVE 42 $554,800 7/30/2010 Normal Sale
27  
Price reduced from $658,000 (-$73,000) $585,000
160 MARK TWAIN CT 567 $550,000 7/27/2010 Normal Sale
28  
  $585,000
2232 DE PAUL PL 8 $610,000 7/28/2010 Normal Sale
29  
  $585,000
3032 MILLAR AVE 62 $495,000 7/16/2010 Bank Owned
30  
  $589,888
2474 GLENDENNING AVE 8 $602,000 6/29/2010 Normal Sale
31  
  $589,950
2375 CABRILLO AVE 13 $595,000 7/8/2010 Normal Sale
32  
  $590,000
1166 FAIRFIELD AVE 16 $600,000 7/30/2010 Normal Sale
33  
  $599,900
4315 FILLMORE ST 64 $585,000 7/15/2010 Normal Sale
34  
  $607,900
3483 LONDONDERRY DR 15 $620,500 7/20/2010 Bank Owned
35  
Price reduced from $638,000 (-$20,000) $618,000
3098 BUTTE ST 22 $618,000 6/5/2010 Normal Sale
36  
Price reduced from $650,777 (-$20,877) $629,900
1183 CIVIC CENTER DR 182 $597,000 6/30/2010 Bank Owned
37  
  $640,000
2262 LENOX PL 8 $639,000 7/16/2010 Normal Sale
38  
  $675,000
510 N HENRY AVE 14 $680,000 7/14/2010 Normal Sale
39  
  $675,900
1244 BROADLEAF LN 13 $720,000 7/23/2010 Bank Owned
40  
  $677,766
3479 MACHADO AVE 12 $675,000 7/7/2010 Normal Sale
41  
Price reduced from $738,888 (-$50,000) $688,888
2895 STEVENSON ST 58 $675,000 7/29/2010 Normal Sale
42  
  $694,800
4300 VERDIGRIS CIR 15 $710,000 6/4/2010 Normal Sale
43  
Price reduced from $762,000 (-$57,000) $705,000
455 N CYPRESS AVE 48 $680,000 7/30/2010 Normal Sale
44  
  $775,000
2118 BAILEY PL 9 $788,000 7/20/2010 Normal Sale
45  
  $779,000
4230 TOBIN CIR 10 $758,000 7/27/2010 Normal Sale
46  
  $789,990
3563 DRUFFEL PL 32 $761,774 7/21/2010 Normal Sale
47  
  $849,000
453 FULTON CT 18 $829,000 7/29/2010 Normal Sale
48  
  $899,500
2792 SONOMA PL 3 $900,000 7/9/2010 Normal Sale
49  
  $910,000
4145 TOBIN CIR 1 $910,000 7/2/2010 Normal Sale
50  
  $930,000
4250 MARSTON LN 7 $930,000 7/23/2010 Normal Sale
51  
  $998,800
4425 RIVERMARK PY 9 $998,800 7/7/2010 Normal Sale

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