San Jose Market Condition March 2009

How is the market shift revealing itself in the City of San Jose? Even more dramatic than that of Santa Clara County that I wrote about a couple of days ago. Look at the numbers at the end March 09.



All Single Family Homes



Monthly Inventory down by 69% compared to previous year while the number of properties in contract increased by 123%!









All Condos/Townhomes



Monthly Inventory down by 68% compared to previous year while the number of properties in contract increased by 129%!










Lots of activity out there.



Steve Mun, Silicon Valley Realtor
www.stevemungroup.com