KW Bay Area Estates
Santa Clara County
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San Mateo County
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ABOUTME
Shannon Rose is a Silicon Valley REALTOR®, Master Certified Negotiation Expert (MCNE®), Certified Divorce Real Estate Expert (CDRE™), and leader of Rose Group, a high-performing real estate team with Keller Williams Bay Area Estates in Los Gatos, California.
Since 2004, Shannon has skillfully navigated through some of the best and worst times the area’s real estate market has ever seen—from the near-collapse of global financial markets in the 2000’s to the region’s transformation into one of the world’s elite real estate markets— helping more than 500 happy clients to buy or sell their Bay Area homes. To help her refine her service to her clients, she has pursued a number of designations that ensure she has the education and experience to help her clients thrive, no matter how they need help with their real estate goals.
For instance, in addition to working directly with the region’s most qualified buyers and sellers, Shannon uses her expertise to guide divorce attorneys and their clients through complicated and tenuous real estate transactions, helping divorcing couples to overcome their frustrations with each other and refocus their energy on protecting the value of their joint real estate assets. She’s also a Seniors Real Estate Specialist® (SRES®) trained to guide homebuyers and sellers over the age of 50 through major financial and lifestyle transitions.
Check out my website here
Each office is independently owned and operated.
SHANNON ROSE
Realtor® CDRE, SRES DRE #01422955 Team@RoseGroupRe com RoseGroupRe com (650) 550-8646
ClientTestimonials
“Shannon was our listing agent, and she did her work diligently and efficiently. Most importantly, she helped our sale transaction delivered on time, and we could all rest assured without worries. A very knowledgeable and ethical real estate PROFESSIONAL who knows what to do, how to do, and when to do.”
-MellissaM.“ Shannon has been my realtor for buy-side and sell-side transactions. Shannon is a fierce negotiator, and will do everything possible to get you the best deal. Shannon is incredibly knowledgeable, goes above and beyond for her clients, and is extremely fun to work “
-SarahM.
“ Shannon and Dan helped us to buy and sell houses. With their help and professionalism, the selling and buying experience had been fantastic. They helped us to arrange with handyman, floor repair service, cleaning service, and other services, resulting much less headache for my family. “
-LarryS.
For more testimonials, click here
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ScheduleAMeeting Workwith ShannonRose
I am dedicated to maintaining a long-term business relationship with you, as evidenced by my past work. Please contact me when you're ready to move forward with your next purchase or sale, and let's discuss how to make it happen.
Let’sTalk
Realtor® CDRE, SRES
DRE #01422955
Team@RoseGroupRe com
RoseGroupRe com (650) 550-8646
Book a consultation here
What’s your home really worth in today’s market?
That's really the question you should be asking yourself.
Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.
So, do you know what your home is worth in today's market?
I can he
Contact me for a confidential, no obligation assessment of your home's value.
WhatIsGoingonwith MortgageRates?
overview of what’s happening with mortgage rates and what experts say is ahead.
Economic Factors That Impact Mortgage Rates
When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you may be hearing a lot about right now. Here’s why.
The Fed decided to start raising the Federal Funds Rate to try to slow down the economy (and inflation) in early 2022. That rate impacts how much it costs banks to borrow money from each other. It doesn’t determine mortgage rates, but mortgage rates do respond when this happens. And that’s when mortgage rates started to really climb.
Santa Clara County
What's in the Santa Clara County data?
The market for Single Family Homes, Condo, and Townhomes units saw 1,163 closed sales at a median price of $1.7m. There was a total of 1,930 new listings with an average of 14 days on the market without price reduction and with an average price per square foot of $1,143.
April 2024
1,930
$1,143 New Listings Average Price Per SqFt +63.7% Year-over-Year
5% Year-over-Year
1,163
$1.7M
2% Year-over-Year
Days-on-Market
14 $2.3B
Year-over-Year +55 8% Year-over-Year
Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings The most recent month’s data is based on available numbers, but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision
Overview
+13
Closed
Median Sale Price +38.9%
+13
Sales
Year-over-Year
Total
-26.3%
Average
Volume
1,314 New Listings
809 Closed Sales
13 Average Days-on-Market
$1.9M
Median Sale Price
$1,274
Average Price Per SqFt
$1.9B Total Volume
Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings. The most recent month’s data is based on available numbers, but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.
SFH Single Family Homes
16 Average Days-on Market
$1M Median Sale Price
354 Closed Sales
$844 Average Price Per SqFt
$402M Total Volume
616 New Listings
Luxury Listings for Sale
Luxury Contracts Signed 0 50 100 150 200 250 300 December January February March April 0 20 40 60 80 100 120 140 December January February March April Current Year Current Year BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR Previous Year Previous Year (+$3,000,000 & Above) (+$3,000,000 & Above) 136 144 276 213 186 205 188 162 133 147 35 48 31 36 99 89 138 77 131 109
Median
Price BY MONTH, YEAR-OVER-YEAR BY MONTH PREVIOUS YEAR CURRENT YEAR $0 00,000 00,000 00,000 00,000 2022 2023 2023 2023 2023 2023 2024 2024 2024 2024 December January February March April $0 00,000 00,000 00,000 00,000 Apr2023May2023Jun2023Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024 $ 1 , 5 0 1 , 0 0 0 $ 1 , 5 0 1 , 4 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 0 0 , 0 0 1 $ 1 , 5 2 0 , 5 0 0 $ 1 , 5 2 1 , 0 0 0 $ 1 , 5 4 1 , 0 0 0 $ 1 , 4 5 0 , 0 0 0 $ 1 , 4 1 7 , 5 0 0 $ 1 , 4 4 0 , 5 0 0 $ 1 , 4 6 0 , 0 0 0 $ 1 , 6 3 3 , 3 3 3 $ 1 , 7 0 0 , 0 0 0 $ 1 , 4 1 7 , 5 0 0 $ 1 , 4 4 0 , 5 0 0 $ 1 , 4 6 0 , 0 0 0 $ 1 , 6 3 3 , 3 3 3 $ 1 , 7 0 0 , 0 0 0 $ 1 , 3 0 0 , 0 0 0 $ 1 , 3 2 7 , 4 5 0 $ 1 , 2 6 0 , 0 0 0 $ 1 , 4 1 8 , 5 0 0 $ 1 , 5 0 1 , 0 0 0
Sales
Back to Table of Contents 0 500 1,000 1,500 2,000 December January February March April 0 200 400 600 800 1000 1200 1400 December January February March April 0 5 10 15 20 25 30 35 December January February March April 0 200 400 600 800 1000 1200 December January February March April New Listings Contracts Signed Average Days-on-Market Closed Sales BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR 408 510 668 25 28 22 17 14 516 695 943 1,163 640 873 1,199 1,259 892 1,145 1,423 1,930 377 472 673 31 35 34 25 19 427 548 923 837 511 818 932 996 750 896 1,189 1,179
The market for Single Family Homes, Condo, and Townhomes units saw 435 closed sales at a median price of $1.6m. There was a total of 674 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $1,144.
April 2024
674
$1,144 New Listings Average Price Per SqFt
435 $1.6M
19 $991M
Year-over-Year
5% Year-over-Year
Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings The most recent month’s data is based on available numbers, but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision
+24.3% Year-over-Year +5 3% Year-over-Year
Closed
Median Sale Price +43.5% Year-over-Year +8
Sales
9% Year-over-Year
Total
-26.9%
+54
Overview
Average Days-on-Market
Volume
505 New Listings
333 Closed Sales
18 Average Days-on-Market
$2M
Median Sale Price
$1,230 Average Price Per SqFt
$880M
Total Volume
Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent month’s data is based on available numbers, but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.
Single
SFH
Family Homes
169 New Listings
102 Closed Sales
23 Average Days-on Market
$952K Median Sale Price
$861 Average Price Per SqFt
$111M Total Volume
CONDO Condo
& Townhomes
Luxury Listings for Sale
Luxury Contracts Signed Current Year Current Year BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR Previous Year Previous Year 0 50 100 150 200 250 December January February March April 0 20 40 60 80 100 December January February March April (+$3,000,000 & Above) (+$3,000,000 & Above) 96 123 132 161 209 96 114 119 133 183 33 49 52 82 27 18 24 49 52 56
Median
Price
MONTH, YEAR-OVER-YEAR BY MONTH PREVIOUS YEAR CURRENT YEAR $0 $500,000 1,000,000 1,500,000 2,000,000 $ 1 , 4 0 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 3 3 3 , 0 0 0 $ 1 , 5 5 7 , 5 0 0 $ 1 , 5 0 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 2022 2023 2023 2023 2023 2023 2024 2024 2024 2024 December January February March April $ 1 , 5 0 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 6 3 3 , 0 0 0 $ 1 , 6 8 8 , 8 0 0 $0 $500,000 1,000,000 1,500,000 2,000,000 Apr2023May2023Jun2023Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 7 5 , 0 0 0 $ 1 , 6 9 7 , 5 0 0 $ 1 , 5 5 9 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 3 2 , 5 0 0 $ 1 , 6 5 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 5 0 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 6 3 3 , 0 0 0 $ 1 , 6 8 8 , 8 0 0
Sales
BY
Back to Table of Contents 0 100 200 300 400 500 600 700 December January February March April 0 100 200 300 400 500 December January February March April 0 10 20 30 40 50 December January February March April 0 100 200 300 400 500 December January February March April New Listings Contracts Signed Average Days-on-Market Closed Sales BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR 145 227 321 36 416 265 206 47 464 349 298 30 568 456 360 25 673 436 435 19 163 236 306 39 333 220 211 42 378 322 252 35 448 349 359 30 542 398 303 26
ShannonRose Realtor® CDRE, SRES DRE #01422955 Team@RoseGroupRe.com RoseGroupRe.com (650) 550-8646 KW Bay Area Estates 16780 Lark Ave Ste A, Los Gatos, CA 95032 Phone: (408) 560-9000 12820 Saratoga-Sunnyvale Rd, Saratoga, CA 95070 Phone: (408) 418-3911