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

Cambrian Park, San Jose 2017 Real Estate Market Summary

Cambrian Park MLS Area of San Jose
Cambrian Park area map, MLS Area 14

Cambrian Park Real Estate Market

Cambrian Park Real Estate Trends 2017

The graph above shows average sales price and sales price to list price ratio for sales across the Cambrian area of San Jose in 2017. From December 2016 to December 2017, average sales prices in Cambrian Park rose more than 28%. Most Cambrian homes sold in 10 days or less, indicating a fast-paced market.

2017 Cambrian Park home sales by price range.

The histogram above breaks down Cambrian Park sales during 2017 into price ranges. Nearly half of these homes sold for less than $1,100,000. If current price trends continue through 2018, expect to see the $800-1000K bracket dip significantly while the $1,100-1200K bracket increases.

Cambrian Park Real Estate: 2017 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. 

As this histogram shows, across almost the entirety of the Cambrian Park market, average time to sell is between 11 and 24 days. The single sale above $3M skews the graph and clearly demonstrates that buyers are not yet expecting to find such properties in this area.

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%. From this graph we conclude that Cambrian homes are priced well to move in all but the highest price category.

Cambrian Park Real Estate:2017 Average Sale Price to List Price Ratio by Price Range

The photos below show the lowest and highest sale price homes in Cambrian so far in 2017.

Cambrian Park Single Family Home Sales in 2017:

This 1,060 sf 3br/1ba Cambrian home set the low benchmark for Cambrian single family home sales in 2017 when it sold for $700,000 in February, 2017.

This 8,284 sf 6br/7ba estate on .63 acres set the high price mark for Cambrian single family homes when it sold for $3,120,000 in October, 2017.

Cambrian Park Condo and Town Home Sales in 2017:

This 810 sf 2br/2ba condo set the low benchmark for Cambrian condominium and town home sales for 2017 when it sold for $365,925 in March, 2017.

This 2,459 sf 3br/3ba town home set the high mark for Cambrian  condominium and town home sales in 2017 when it sold over list for $1,511,000 in October, 2017.

Help me with Cambrian Park area Real Estate

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.