Real Estate Market and House Appraisal in San Jose
As you may already know (or are about to learn) house appraisal is necessary if you’re selling your home. Selling your home and moving might not be on your radar, but, perhaps you’re not quite sure if now is the time. There is compelling information as well as statistics regarding the San Jose market that we think you’ll want to consider. It’s no secret that the current real estate market in San Jose is one of the hottest markets in the country. What does that mean? It means a 103.5% of asking price average, and a mere 54 days average on the market–it’s no wonder San Jose is getting attention. Experts are saying there’s no reason to believe the San Jose real estate market will change dramatically in the near to distant future.
What does that mean for you? If you call San Jose home sweet home, this recent data may compel you to consider discovering the value of your home. Adding house appraisal to the spring cleaning list might be the beginning of a wonderful experience. I’ve saved some of the most intriguing information for last–the average sales price of a San Jose home is between $838,449 and $900,000. San Francisco, San Diego and Los Angeles median sales price (for single-family housing) falls significantly lower than the average sales price of the San Jose market. It’s said that knowledge is power. Which suggests that the knowledge gained from a house appraisal is indeed a kind of power for individuals living in the San Jose real estate market.
San Jose’s economy is thriving thanks to its local company starlets such as Google and LinkedIn. This contributes to a projected long future of prime real estate and housing investment market. If this is intriguing to you, and you’d like to learn more about the local real estate market, house appraisal, and how an appraiser can help your plans and goals, follow us on facebook or check back in on this blog for more information.