I have been working with both sellers and buyers in a few very active housing segments Santa Clara County. I want to share with you what we experienced first hand.
Hot Neighborhood One – West San Jose 95129 zip code : Single family residence with 3-4 bedrooms priced under 1.2 mln with Lynbrook high are hot sales. Click here for two of my listings in this area: http://www.siliconvalleyhousingpost.com/my-new-listings/ Below is the list of houses sold within one month and there are quite a few sold above listing price and in very short time frame.
| Address | DOM | Living Area | Lot | Listing Price | Sales Price |
| 5548 Oak Park Dr | 27 | 2,160 | 8,000 | $1,178,888 | $1,195,000 |
| 1566 Duckett Wy #9 | 74 | 2,315 | 2,134 | $1,198,000 | $1,159,183 |
| 5932 Rainbow Dr | 68 | 1,607 | 6,000 | $1,125,000 | $1,105,000 |
| 6002 Rainbow Dr | 9 | 1,607 | 6,000 | $1,049,000 | $1,055,000 |
| 1570 Bonnie Joy Av | 9 | 1,320 | 6,000 | $938,000 | $1,038,000 |
| 1041 Huntingdon Dr | 8 | 1,187 | 6,105 | $948,000 | $972,000 |
| 1022 Lancer Dr | 6 | 1,133 | 6,720 | $850,000 | $942,000 |
| 1660 Mcgregor Wy | 21 | 1,357 | 6,180 | $924,000 | $918,000 |
Hot neighbourhood two – Sunnyvale 94087 with Homestead High. Most sought after houses are single family residence with 3 bedrooms in the range of 750,000 to 850,000. Below are the two sold within last three months. Notice how high the sales prices are compared with the listing prices.
| Address | DOM | Living Area | Lot | Listing Price | Sales Price |
| 12 | 1,210 | 6,600 | $750,000 | $820,000 | |
| 761 Melon Ct | 10 | 1,210 | 6,970 | $779,000 | $799,500 |
Hot neighbourhood three – 95051 Santa Clara with Cupertino High – single family residence with 3 bedrooms in the range of 750,000 to 850,000 are very popular in this area especially after Cupertino High showed an improving API score in 2009. Below are the two closed within three months. Sales prices are also well above listing prices.
| Address | DOM | Living Area | Lot | Listing Price | Sales Price |
| 9 | 1,388 | 6,600 | $768,000 | $839,000 | |
| 3410 Tracy Dr | 7 | 1,336 | 7,198 | $748,000 | $770,000 |
In addition, neighbourhood around San Jose Municiple Golf Course in northy valley 95131 area drew quite a few buyers too. Houses priced between 500k to 750k with three to four bedrooms often got mulpile offers.
