If you decided to look into a crystal ball for predictions about the real estate market this next year you will probably see a “back in 12 months” sign. Predicting what is going to happen next is really hard to say. The best we can do is look to the last few years of stats for a better understanding of were we are at this point and some small idea of where we might be heading.

For example last year 95123 or Blossom Valley had shown to be a stronger market than other areas in losing only $100k in price from May of last year till today. It’s not too bad considering that all San  Jose lost more than $130k in the same time frame. The inventory has also started to level out and spring and summer have typically been buying times of the year. This should help to stabilize the Blossom Valley market for the next 4 to 6 months.

This chart shows the median sales prices of the highest and lowest priced homes in Blossom Valley. When the time comes to list your property be sure to look to these stats. If your listed in the high median sale price your home should be one of the best kept properties in the neighborhood along with having the highly desired extra square footage. If your home is well kept and you in the lower price range you can still expect to get multiple offers.