1st Quarter Trends – 2023 Compared to 2024
With the year’s first quarter behind us, I thought I’d do a comparison with year-to-date 2024, and same time 2023, here are some takeaways in the cities I track:
- Every city except Los Altos has increased in its average sale price, and let’s face it, Los Altos is so highly priced it’s not surprising it dropped slightly, let’s see what happens as the year progresses
- At an average sale price of $4,320,044, Los Altos can claim to hold the highest sale price
- With an increase of 20.2%, the city of Santa Clara leads the way in sale price per cent increase over same time last year
Take a look at the cities in the chart and see how your property pricing has fared. This is for single family homes, in future I will be doing pricing for townhomes and condos too, and for the areas in San Jose.
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If you’re thinking of buying and/or selling this year, reach out to me and let’s talk. Or maybe you’re thinking of buying investment property, or doing a 1031 Exchange, either way, I’m here to help with your real estate questions. The best way to reach me is to text or call at 650-224-4747, I’d love to hear from you!
