Where does the time go? November is here already and the days are shorter and colder. Though, today was great with the sun shining bright. I love this time of year with the Blossom Valley mountain sides all turning green. I imagine eBlossom Valley before all the South San Jose homes were built. With orchards from one hillside to the other. At this  time all the tree’s harvest is in and they began preparing for winter.

Today’s Blossom Valley is a different area with far fewer fruit trees and only the green hills left behind. The blossom valley real estate market has changed in many ways too. This week there are 42 blossom valley homes on the active list. Top 25% of homes in the area have been selling for a Median price of $630,000 and the lower 25% have been selling for a Median Price of $399,450.

Blossom Valley inventory has been tightening and the days-on-market has been decreasing recently. The Market Action Index has been climbing upward to a condition that would favor the seller all summer long but in the last few weeks has turned flat. This helps to keep the 95123 area a buyers market for the time being.

For a full market report on the San Jose 95123 area please send me an email or give me a call at 408.85o.7994