How Is Contra Costa & Santa Clara County Real Estate Looking?

[Ken and Ari Walker]

For those of us who benefit from knowing what the real estate markets are doing throughout California, I find this type of information useful.  It’s smart to be up to date with real estate trends, stats and market changes so you can inform potential homebuyers who want to purchase, and better advise borrowers who are looking to refinance.

Following is what the housing markets looked like mid-month, for the Northern Counties of Santa Clara and Contra:

Contra Costa
Median Sales Price: $825,000
Average days on market: 88
Inventory: 762 properties
Price increase: down 2%
Price decrease: down 36%

Santa Clara
Median Sales Price: $1,563,500
Average Days on market: 98
Inventory: 586
Price increase: up 2%
Price decrease: up 31%

The statistics for these two counties exemplify the uniqueness of the housing market by specific areas. Like no two states are alike, not even two counties are alike. It is difficult to generalize the state of the market at any time, but especially in today’s market.  So again, it’s smart to be up to date on these facts & stats, so you can benefit as a Real Estate Agent and licensed Lender or Mortgage Broker.  Let’s help our clients better!

If you or a client are running into tighter lending restrictions and are in need of flexible financing for a purchase or refinance – for anywhere in California – give Sun Pacific Mortgage a call at 707-523-2099 to discuss our Private Money loan programs or visit our website at www.sunpacificmortgage.com.  Our Private Money loans are specifically tailored to those who need FAST financing or don’t currently qualify for conventional mortgages.

Click here to learn more about our company.

 

Best, Ken – The Guys in the White Hats
Hard Money Lead Loan Originator at Family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099   www.Sunpacificmortgage.com
CA DRE License #01858042 and NMLS #1221130

 
Note:  Get our financing despite bad credit, difficult to prove income, property a fixer, etc.!  We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial. 

The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.