Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Things to Do in Berryessa and Surrounding Areas

GOLF:

Hiking:

Parks and Rec:

Penitencia Creek Park

Cycling

The are numerous road bike routes in the East Bay, San Jose, and South Bay accessible from Berryessa:
  • Mount Hamilton – a tradition of Bay Area cyclists known for its long, 13-mile ascent and spectacular view.
  • East Bay to Fremonth, Niles Canyon, then to Sunol and Pleasanton, or the back way up through Milpitas and the Calaveras climb
  • San Jose to Morgan Hill and Gilroy loops range from 20-60 miles

Mountain Biking:

Mountain Biking opportunities exists in many of the areas County Parks, State Parks, and Open Space areas.
Please drop us a note to tell us about your favorites.

Theater, Concerts, and Museums in and Around Berryessa

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping

Places to Eat:

There are a number of restaurants in Berryessa, and each area has its own vibrant culture of food and drink.

  • Under Construction

Places to Shop:

  • Eastridge Mall
  • The Great Mall in Mipitas
  • Under Construction

Education Opportunities in Berryessa

Higher Education

Berryessa Real Estate Market

Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales across the Berryessa area of San Jose over the last 12 months. Average sales prices rose 29.1% year-over-year in through May 2018, then declined 12% by December 2018. Dince then, average p[rices have climbed almost 5% as the traditional spring buying season has taken hold. Bidding peaked at more than 16% above list, exemplifying a dynamic, fast-paced market and has also tailed off to about list price.

Residential home sales in the Berryessa area of San Jose by price range.

The histogram above shows that the majority of the homes sold during over the past six months in the Berryessa area of San Jose went for less than $1,000,000, down from under $1,100,000 last fall.

Berryessa Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. 

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home. 

A year ago, most homes in Berryessa sold in 12 days or less, now most price points take 4-5 weeks. Curiously, the few homes priced in the $1,600,000 to $2,000,000 band sell quickly.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%.

Here we see an almost even split between the price bands that sell above list with those selling below. On average, nearly all Berryessa homes sell within 2% of list.

Berryessa Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

Help me with Real Estate in Berryessa

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.