Silicon Valley Real Estate Market Updated Weekly (2024-July-20) Asking Price Reductions, Overbidding

#SiliconValleyHousingMarketWeeklyUpdateAnalytics; #SantaClaraCounty, #SanMateoCounty & #AlamedaCounty compared; then focus on 20 micro-markets within Silicon Valley & then Greater Bay Area using 5 regions. Providing Buyers, Sellers, investors, homeowners, consumers, & Real Estate Agents with a better understanding of #CurrentMarketConditions.

Timestamps:
00:00 Silicon Valley Real Estate Market Conditions Update
00:26 Key Leading Metrics #Inventory #OffersAccepted #DaysUnsoldInventory DaysOnMarket Seller's #AskingPriceReductions plus Buyer's #Overbidding slide 2
07:00 Active Inventory, Offers Accepted versus Pending Transactions, & Days of Unsold Inventory for Silicon Valley as a whole compared to 10-year typical levels slide 3
08:04 Days on Market Distributions Silicon Valley slides 4-26
11:14 Sellers' Asking Price Reductions Distributions Silicon Valley slides 27-49
13:11 Buyers' Overbidding Distributions Silicon Valley slides 50-72
15:18 Silicon Valley as a whole, Inventory, Offers, Days of Inventory, Days on Market, Price Reductions, Overbidding, Sold Price, PITI payment compared to 10-year slides 73-92
25:12 Comparing Santa Clara County, San Mateo County, & Alameda County: Inventory, Offers, Days of Inventory, Days on Market, Price Reductions, Overbidding, Appreciation, Sold Price, PITI payment past 10 years Slides 93-104
30:13 Summary of 20 Micro Markets within Silicon Valley slide 105
31:52 Heat maps Active Inventory, Offers Accepted versus Pending Transactions, Days of Inventory (speed of market), Days on Market (typical time to sell), Seller Ask Price Reductions, Buyer Overbidding, Sold Price, Appreciation, Sold Price slides 106-116
34:48 Volume of Transactions slide 117
35:04 Current tabular data - Silicon Valley, Santa Clara, San Mateo, & Alameda County slide 118
35:17 How to Participate live | Historical presentations | URLs slide 119
36:43 Greater Bay Area 5 regions 13 counties Active Inventory, Offers Accepted versus Pending Transactions,, Days of Inventory (speed of market), Days on Market (typical time to sell) , Seller Ask Price Reductions, Buyer Overbidding, Sold Price, Appreciation, Sold Price slides 121-131
43:10 Northern California 13 counties - tabular data slide 132

This presentation is a weekly recap through midnight Thursday 7/18/2024 starting with a recap of current market condition for all of Silicon Valley (Santa Clara, San Mateo, & Alameda Counties). Then a graphical presentation that facilitates observing seasonal trends over the past ten years. Then a geographical (zip code based) presentation of current Micro-Market Conditions in Silicon Valley . Then concludes with the graphical presentation of five regions comprising 13 Counties that make up the Greater Bay Area which are:

1) Silicon Valley - Santa Clara County, San Mateo County, & Alameda County
2) SF Marin - San Francisco & Marin
3) North Bay - Sonoma, Napa, Solano, & Contra Costa
4) Central Valley - San Joaquin & Sacramento
5) Central Coast - Santa Cruz & Monterey

To join the live Zoom presentation Saturday mornings 9 AM using

If above link fails for any reason, you can use any one of these two additional methods:

3) zoom account using Meeting ID: 786 3949 2724 password 2jdw2f

To obtain a pdf of the key 66+/- slides used:

Simply change the 8-digit date code (YYYYMMDD) at the end of this URL to reflect the correct YYYYMMDD to obtain historical/future handout.

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active as an agent with 40+ years of local Silicon Valley experience helping Buyers or Sellers with their Real Estate needs hosts an interactive Zoom discussion every Saturday at 9 AM. Reach out with questions, comments, suggestions, media articles etc. using youtube or email.

Frequency of Overbidding Magnitude of Overbidding Inventory Offers Closings Days Of Unsold Inventory Median Days On Market Average Days on Market 10 percentile SalesPrice Median SoldPrice 90 percentile Sales Price Seller's Market Buyer's Market Price Reductions REALTOR of the Year Santa Clara County Association of REALTORS Richard Calhoun Creekside Realty REALTOR Agent Real Estate Broker Homes For Sale Real Estate For Sale Buy A home Selling My Home.

#BayAreaRealEstateMarketWeeklyUpdate #BayAreaHousingMarketUpdatedWeekly #LocalRealEstateMarketTrends