The number of homes for sale in Santa Clara have been gradually increasing in the last few weeks.  Currently there are about 50 active homes for sale in Santa Clara.  Most of 2012 the level of homes for sale has been hovering between 30 and 40.  This could be due to the cyclical slow down of summer for buyers and sellers.  Already this year we have seen prices shoot up as much as 10% in a matter of a few months.

50 homes for sale is still a small number for Santa Clara real estate.  Considering that a majority of those homes are homes that have been sitting on the market for some time indicating that they are over priced and are not what the typical buyer is looking for. 

Predictions for the remainder of the year is a continuation of what we have been experiencing thus far.  Little inventory and multiple offers, will likely be the theme for 2012 Real Estate in Santa Clara.

Santa Clara Real Estate Guy

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