Santa Clara County Median Price for Condos Continues Rising 2018 April

For Santa Clara County, the median price for condos was up 28.9%, year-over-year, to $915,444. This is the second month in a row the median price for condos has set new highs. Notably, the median price for condos has been higher than the year before every month since July of 2011! The median price for single-family, re-sale homes stayed at the high it set in March. The median price for homes rose 22.1% over last April to $1,450,000. The median price for homes has been higher than the year before by double-digits ten months in a row. The average price was up by double-digits for the ninth consecutive month.

This is also the 74th month in a row the median price has been higher than the year before. The average price for homes was up 20.0%, year-over-year, to $1,722,370. The average price for condos was up 24.5% over last April. Multiple offers continue to be the norm. The sales price to list price ratio, or what buyers are paying over what sellers are asking remains at triple digits: 112.4% for homes and 114.8% for condos. The ratio has been over 100% for homes since March 2012 and for condos since April 2012.

Homes and condos are flying off the shelf. It is taking only fifteen days to sell a home, on average. Condos are taking nine days. All this is due to an incredible lack of inventory. Since January 2000, Santa Clara County has averaged 94 days of inventory. Last month it was twenty-three. Condos have averaged 87 days since 2000. Last month it was seventeen. As of May 7th, there were 753 homes and 229 condos for sale in Santa Clara County.

Open House Sunnyvale 2bed 2bath 2carGarage condo Saturday August 6th 2pm-5pm + Sunday August 7th 1pm-5pm

Open House
705 San Conrado Terrace Unit #8
Sunnyvale, CA 94085

Saturday August 6th 2pm-5pm
Sunday August 7th 1pm-5pm

Virtual Tour
http://www.705sanconradounit8fairoaksplacesunnyvale.com/

Price Trend of Santa Clara Eisenhower Elementary Condos on Mauricia Avenue

Condos are a good way to gauge the price trend of a neighborhood because condos provide a uniform apples to apples comparison. In this case, I chose the "apple" as the Mauricia Avenue 2 bedroom 2 bathroom 1067 square foot units. Click the hyperlink for the price trend graph of Santa Clara Eisenhower Elementary on Mauricia Avenue 2 bedroom 2 bathroom 1067 square foot condos.

If the above link doesn't work, then copy / paste this link in your browser:
http://siliconvalleyhouses.files.wordpress.com/2011/10/mauriciaav2bed2bathpricetrend.pdf

Sunnyvale Condos under $300,000 ranked from youngest to oldest age

All the condos in Sunnyvale that have sold under $300,000 in the past year are either 1 bedroom or 2 bedrooms over 27 years old.

If you care about the age of your condo but can only spend up to $300,000, the order of preference from youngest to the oldest is:

4 year old 1 bedrooms on E El Camino Real:
631 E El Camino Real #202 & 633 E El Camino #201 : On E El Camino just E of RemingtonDr/NFairOaksAve.
621 E El Camino St #203 : Similar but closer to Remington/FairOaks than 631 #202 and 633 #201.

16 year old 1 bedroom on Arcadia Terrace:
605 Arcadia Terrace #105 : Many units on Arcadia Terrace are close to Fair Oaks Ave and Hwy 101. However this particular unit is at the corner that is farthest from both Fair Oaks and 101.

22 year old 1 bedroom at 929 E El Camino Real:
929 E El Camino Real #108C : On El Camino across the street from where E Fremont Ave merges/forks from E El Camino Real. Also just E of Wolfe, so suffers from noise from all 3 sources.

23-25 year old 1 bedrooms on San Conrado Terrace:
715 San Conrado Terrace #2 : Similar to 605 Arcadia Terrace except on the W side of N Fair Oaks. (Closer to Fair Oaks but farther from 101.)
708 San Conrado Terrace #3 : Just N of 715 San Conrado Terrace, so a little close to 101.
705 San Conrado Terrace #3 : Closer to Fair Oaks than 708 and 715.

27 year old 1 bedroom on Ironwood Terrace and 2 bedroom on W California Ave:
518 Ironwood Te #2 (Pebble Creek): N of Old San Francisco Rd between N Fair Oaks and N Wolfe
801 W California Av #A : California is a semi-busy street but is not as busy as most of the other streets on this list. The downside is the reduced car traffic is offset by its being the equivalent of a couple blocks away from Caltrain.

32 year old on 1001 E Evelyn & 33 year old on 999 @ Evelyn:
999 W Evelyn Terrace & 1001 E Evelyn Terrace : These units are similar in the amount of noise as W California Ave. However these units on Evelyn Terrace are closer to Evelyn Ave and closer to Caltrain than the W California units.

37 and 38 year old on N Fair Oaks Ave & Reed Ave:

755/771/787/791 N Fair Oaks Ave : Odd number addresses mean these units are on the W side of N Fair Oaks (Same side as San Conrado but closer to Fair Oaks. Opposite side of Fair Oaks from Arcadia Terrace.)

1083/1105/1107/1131/1139 Reed Av (#A-#D) : On Reed Ave, a busy street in its own right, just W of Lawrence, an extremely busy expressway.

Sunnyvale condos under $300,000 ranked from quietest to noisiest locations

Almost all the condos in Sunnyvale that have sold under $300,000 in the past year are either on or near a busy street. If you are sensitive to noise but can only spend up to $300,000, the order of preference from least noisy to most noisy are:
518 Ironwood Te #2 (Pebble Creek): N of Old San Francisco Rd between N Fair Oaks and N Wolfe

801 W California Av #A : California is a semi-busy street but is not as busy as most of the other streets on this list. The downside is the reduced car traffic is offset by its being the equivalent of a couple blocks away from Caltrain.

999 W Evelyn Terrace & 1001 E Evelyn Terrace : These units are similar in the amount of noise as W California Ave. However these units on Evelyn Terrace are closer to Evelyn Ave and closer to Caltrain than the W California units.

605 Arcadia Terrace #105 : Many units on Arcadia Terrace are close to Fair Oaks Ave and Hwy 101. However this particular unit is at the corner that is farthest from both Fair Oaks and 101.

715 San Conrado Terrace #2 : Similar to 605 Arcadia Terrace except on the W side of N Fair Oaks. (Closer to Fair Oaks but farther from 101.)

708 San Conrado Terrace #3 : Just N of 715 San Conrado Terrace, so a little close to 101.

705 San Conrado Terrace #3 : Closer to Fair Oaks than 708 and 715.

755/771/787/791 N Fair Oaks Ave : Odd number addresses mean these units are on the W side of N Fair Oaks (Same side as San Conrado but closer to Fair Oaks. Opposite side of Fair Oaks from Arcadia Terrace.)

631 E El Camino Real #202 & 633 E El Camino #201 : On E El Camino just E of RemingtonDr/NFairOaksAve.

621 E El Camino St #203 : Similar but closer to Remington/FairOaks than 631 #202 and 633 #201.

929 E El Camino Real #108C : On El Camino across the street from where E Fremont Ave merges/forks from E El Camino Real. Also just E of Wolfe, so suffers from noise from all 3 sources.

1083/1105/1107/1131/1139 Reed Av (#A-#D) : On Reed Ave, a busy street in its own right, just W of Lawrence, an extremely busy expressway.