CUPERTINO
SAN JOSE
MONTHLY AREA REPORT
OCTOBER 2018 | CONDOS/TOWNHOMES
Perry & Ruth Mistry
CalRE: CA-01403778
Office: 408-656-5343 | Cell: (408) 656-5343
ruthandperry@gmail.com
http://www.ruthandperry.com

SAN JOSE | CUPERTINO    Share
MARKET SUMMARY
October 2018 | Condos/Townhomes
Market Month to Date Year to Date
Summary October 2018 October 2017 Percent Change Year-To-Date 2018 Year-To-Date 2017 Percent Change
New Listings 12 9 33.33%  80 90 -11.11% 
Sold Listings 7 7 0%  57 75 -24% 
Median Listing Price $1,599,888 $1,030,000 55.33%  $1,050,000 $948,000 10.76% 
Median Selling Price $1,525,000 $1,350,000 12.96%  $1,288,000 $1,005,000 28.16% 
Median Days on Market 21 6 250%  10 8 25% 
List/Sell Price Ratio 100.1% 111.9% -10.48%  110.6% 107.1% 3.3% 
Average Listing Price $1,397,125 $1,048,571 33.24%  $1,100,887 $928,370 18.58% 
Average Selling Price $1,391,785 $1,190,242 16.93%  $1,206,350 $1,002,815 20.3% 
Average Days on Market 40 9 344.44%  17 17 0% 
SOLD AND NEW PROPERTIES (UNITS)
October 2018 | Condos/Townhomes
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

SAN JOSE | CUPERTINO
MEDIAN SALES PRICE AND NUMBER OF SALES
October 2018 | Condos/Townhomes
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
October 2018 | Condos/Townhomes

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SAN JOSE | CUPERTINO
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
October 2018 | Condos/Townhomes
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
October 2018 | Condos/Townhomes


Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

SAN JOSE | CUPERTINO
PROPERTIES FOR SALE AND SOLD PROPERTIES
October 2018 | Condos/Townhomes
AVERAGE ASKING/SOLD/UNSOLD PRICE
October 2018 | Condos/Townhomes
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

SAN JOSE | CUPERTINO
ABSORPTION RATE
October 2018 | Condos/Townhomes
MONTHS SUPPLY OF INVENTORY
October 2018 | Condos/Townhomes
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

The statistics presented in the Area Report are compiled based on figures and data generated by IDC Global and may not be completely accurate. All information should be independently verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Not intended as a solicitation if your property is already listed by another broker. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company.
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