Santa Clara County Real Estate Market Update - August 14, 2010
08/14/10 08/14/09
Single family homes for sale 3385 2769
Condo/townhomes for sale 1279 884
Total properties for sale 4664 3653
We started out 2010 with an inventory of 2272 which was the lowest county inventory since January 2006. While the spring market was very strong with the help of federal tax credits the inventory has been climbing over the next several months since the credit ended. The summer has been a little slower than usual but signs are hopeful for a strong fall. Total inventory during the recent housing downturn peaked back on May 16th, 2008 at 7581 properties.
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