As we settle into the summer the real estate market in the south bay has been heating up. There are pockets in Santa Clara County that have been seeing multiple offers coming through. Why you ask; schools are the number one reason so areas such as Saratoga, Cupertino, Los Gatos with homes that are below the $1.5 mil. range are hot buys. Other parts include city of Campbell, suburbs of San Jose such as Cambrian, Evergreen Foothills, Willow Glen, Naglee Park and north San Jose. In those areas homes below the $700,000 range are the hot commodity if within the desired school boundries.
Multiple offers are more common than buyers may want to believe and for those buyers that are coached well by their Realtor on how to approach multiple offer situations are the ones winning the biding. Sellers are wise to make a move now that they have been waiting on.
Yes, it is a tough market to have to sell in but depending on location & price homes are selling. For more information on your local market contact your Realtor to get the facts and see if it is the right time for you to sell.