Santa Clara and San Mateo Counties Housing Market Analysis

t h e S T A R STAIGHT TALK ABOUT REAL ESTATE

September 2019 Real Estate Market Update

John & Lydia Direct: (650) 383-8084 Email: JohnStClair@kw.com DRE#: 01183450

CONCIERGE SERVICES Residential Real Estate Investment Properties Property Management

Our Goal is to Help Families Realize their Real Estate Dreams One Family at a Time.

WWW.JOHNANDLYDIAHOMES.COM

SEPTEMBER 2019 MARKET UPDATE Content Page Page #

Content -----------------Market Summary -------Market Analysis Graph-Atherton ----------------Belmont -----------------Cupertino --------------Forter City --------------Los Altos ---------------Los Altos Hills ---------Los Gatos ---------------Menlo Park ------------Mountain View --------Palo Alto ---------------Redwood City ---------San Carlos -------------San Jose ----------------San Mateo --------------Santa Clara-------------Saratoga ----------------Sunnyvale ----------------

2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

WWW.JOHNANDLYDIAHOMES.COM

2

SEPTEMBER 2019 MARKET UPDATE MARKET SUMMARY I f y o u t h i n k t h e R e a l E s t a t e M a r k e t i s s o f te n i n g , "Y o u ' r e R ig h t" . M o s t c i t i e s i n S a n t a C l a r a a n d S a n M a t e o c o u n ti e s h a v e e x p e r i e n c e d a d ec l in in g m a rket f ro m F e b r u a r y 2 0 1 8 u n t i l t o d a y . A t h e r t o n , H i l l s b o r o u g h a n d L o s A l to s H i l l s h a v e c r o s s e d t h e t h r e s h o l d i n t o a B u y e r ' s M a r k e t w h i l e o th e r c ities rem a in a S el l er's M a r k e t , ( e v e n i f i t ' s e v e r s o s l i g h t).

So, what does this mean?

W e a r e f o r t u n a t e t o l i v e i n S a n F r a n c i s c o B a y A r e a a n d S il ic o n V a l l ey . O u r R e a l E s t a t e m a r k e t t e n d s t o r e c o v e r m u c h f a s te r th a n th e r e st o f th e n a tio n .

A p p r o x i m a t e l y 2 y e a r s a g o , E c o n o m i s ts p r e d i c te d th i s d o wn tu rn wo u l d h a p p en a n d c o n t i n u e f o r a r o u n d 1 8 m o n th s . W e l l . . . i f i t s t a r t e d a r o u n d F e b r u a r y 2 0 1 8 , t h e n o n e c o u l d s u r m i s e w e ' r e a t th e ta i l e n d o f th a t c o rrec tio n . O b v i o u s l y , t h e r e a r e m a n y f a c t o r s w h i c h h a v e a n e f f e c t o n th e m a rket, su c h a s: th e e c o n o m y , s t o c k m a r k e t , i n te r e s t r a te s , p o l i ti c s , w a r . . . T h ere's n o g u a ra n tee th is m a r k e t t r e n d w o n ' t c o n t i n u e th r o u g h o u t 2 0 2 0 , ( e s p e c ia l l y g iven th e c u rren t political climate we're in).

E v e n i n b a d m a r k e t s i t ' s p o s s i b l e to b e o n th e w i n n i n g sid e o f a tra n sa c tio n .

B u y e r ' s s t i l l n e e d t o b u y a n d S e l l e r ' s s ti l l n e e d to s e l l . A s h o u s i n g i n v e n t o r y increases, housing prices will decrease. This is the market operating as it n o r m a l l y w o u l d , ( E c o n 1 0 1 - S u p p l y a n d D e m a n d ).

W e ' r e a t a n u n i q u e t i m e i n R e a l E s ta te . W e ' r e a p p r o a c h i n g a b a l a n c e d m a r k e t.

A market where both Buyers and Sellers can win. What I've noticed in my 25 y e a r s o f s e l l i n g R e a l E s t a t e , B u y e r s a r e h e s i ta n t to b u y in a Bu y er's M a rket b e c a u s e t h e y ' r e w a i t i n g f o r th e p r i c e s to d r o p f u th e r a n d S el l ers a re h esita n t to s e l l i n a S e l l e r ' s m a r k e t b e c a u s e th e y ' r e w a i ti n g f o r th e p ric es to ra ise. S i n c e n o o n e c a n a c c u r a t e l y p r e d i c t w h e r e th e m a r k e t' s h e a d i n g , th e o n l y win n in g s t r a g e t y i s t o a c t i n o n e ' s o w n b e s t i n te r e s t a n d d o n ' t l o se o u t.

WWW.JOHNANDLYDIAHOMES.COM

3

SEPTEMBER 2019 MARKET UPDATE

CLICK HERE FOR HOME EVALUATION

CLICK HERE TO SCHEDULE AN APPOINTMENT

----------------------------------------Planning a Project? Need a Referral for a Real Estate Professional?

Ask Us About Our Real Estate Referral Network -------------------If you're considering Buying, Selling or Investing in Real Estate let us put our extensive experience to work for you --------- Contact Us At: JohnStClair@kw.com (650) 383-8084

WWW.JOHNANDLYDIAHOMES.COM

4

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

5

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

6

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

7

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

8

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

9

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

10

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

11

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

12

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

13

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

14

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

15

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

16

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

17

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

18

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

19

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

20

SEPTEMBER 2019 MARKET UPDATE

Click Graph For More Details

21

ABOUT JOHN & LYDIA

About US

John & Lydia Direct: (650) 383-8084 Email: JohnStClair@kw.com DRE#: 01183450

Broker & Salesperson Licensed since 1994 & 1997 40+ yrs combined experience Assisted hundreds of clients with Buying & Selling properties 5 Star Customer Satisfaction Focus solely on Clients' need Specialize in Single Family Homes, Condos/Townhomes, 1031 Exchanges, Investors, Multiple Units 15+ yrs. Community Volunteers

Our Mission To Provide Exceptional Service to our Clients where their Real Estate Goals are Our Number One Focus.

19

WWW.JOHNANDLYDIAHOMES.COM