Willow Glen Homes

Market Report July 2011

Week ending July 2, 2011 compared to July 3, 2010

There were 194 Willow Glen homes, including short sales and bank owned homes in the week ending July 2, 2011 compared to 201 Willow Glen homes, including short sales and bank owned homes in week ending July 3, 2010. Of the 194 Willow Glen homes there were 26 San Jose short sales, 5 bank owned homes and 163 traditional San Jose homes.

• Median Price: $697,500
• Average Price: $770,283
• No. of Sales: 56
  
• Sale vs. List Price: 96.1%
• Days on Market: 65
  

The Market Barometer is a rough estimate of the state of the market. Real estate markets are very local. Regardless of whether the market favors buyers or sellerrs, there will always be premium homes priced right that attract multiples, unless of course the market has totally crashed! Conversely, there are always over-priced listings that will never sell.

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