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On tour this week were some gems that will sell quickly. With graduations and class events, I was only able to see this cute one at 2308 Cottle Ave. 2/1 listed at $675,000 it will be sold soon after open house. Here’s the three dozen homes for sale in Willow Glen (95125) that will be held open this weekend.

Interesting tidbit — short sales and bank owned sales throughout Silicon Valley are down to about 4.6% of the entire real estate market.

Some nice ones coming on MLS within the next few weeks including mine at 1680 Arbor Dr. Immaculate 4 bed 2 bath 1790 sq ft on a large 8778 sf lot on a cul du sac. It will be on at around $1,050,000 in about 2 weeks. There are a few others coming on market so if you are looking for something in particular, please let me know. Holly@HollyBarr.com 408 887-3225

17 houses sold this week for an average of $898,250, which is up slightly from last week of $897,398, and an 18% price increase over this time last year. Houses continue to go fast, too — days on market this past week was 20 days, down from 25 days last week. If you’re looking to sell it’s a great time, and if you’re trying to buy make sure your realtor is ON IT because most homes are still getting multiple offers, over asking, with all cash common.

These stats reflect the findings of this article in CBS Marketwatch which named San Jose the third hottest real estate market in the country. According to their research since our home values bottomed out in the third quarter of 2009 they’re up 22.1% to $676,000 — the highest median value among large metros nationwide. They also pointed out that San Jose’s unemployment rate dropped from 9.2% in February 2012 to just 7.6% in January of this year. Finally, constructions jobs grew 12.3% from February 2012 to 2013, which is usually a positive sign for housing markets.

What’s New in Willow Glen Real Estate

Here are all of the 19 Willow Glen homes that have come up for sale in the last seven days, and the 24 that will be held open in 95125 this weekend.

One of my favorite listings in this week’s broker tour was 2346 Markham near Curtner. Check out the cool chandelier and beautiful open kitchen of this 4/2 which is listed for $1,075,000.

Coming Soon

In addition to the house on Lincoln I mentioned above, I’ve got a few listings coming on market shortly. Call me at 408-887-3225 to get the scoop on any of these great places before they hit the market.

• 1118 Claycomb Ct., 95118
  Off Almaden Expressway at Cherry
  3/2.5 1,693 sq ft Townhouse with a 2 car garage
  $439,000, HOA $320
• 809 Auzerias Ave #332, 95126
  2/2 1,235 square foot condo
  Newer construction that used to be the Dole plant Granite and views.
  $399,000, HOA $330
• 216 Peckham Ct.
  3/3.5 1,485 square foot townhouse
  New construction in Japantown
  $519,000, HOA $73
• 1571 Lincoln Ave
  Charming DUPLEX steps from dowtown
  2/2 and 3/1 on a HUGE 10,716 square foot lot
  $899,000
• 620 Fenley Ave. 95117
  4/2 on an 8,024 square foot lot
  $699,000

Fast Facts About Willow Glen Real Estate

• Sale Price: 23 houses sold this week for an average of $866,419, which is 21% higher than this week last year.
• Inventory: There are currently 61 homes on the market which is still down 25% from 81 this time last year.
• Days on Market: The average days on market right now is 24 days before a property goes into contract.

What’s New in Willow Glen Real Estate

It was a great tour with two Eichlers and 4 out of 10 priced over a million.

Here are all of the homes have come up for sale in the last seven days, and those that will be held open in 95125 this weekend. Of the homes that have just came on market, many of which I saw yesterday on the weekly Willow Glen broker tour, here are two of my favorites.

• Sale Price: 20 houses sold this week for an average of $940,989, which is 19% higher than this week last year and a little higher than the 12 week average sale price of $865,521.
• Inventory: Inventory is up to 65 houses for sale in Willow Glen, relative to the 12 week average of 45 but still 39% lower thank this week last year.
• Days on Market: Things are moving so fast that 74% of all properties in Willow Glen with a sign out front are already pending.

What’s New in Willow Glen Real Estate

Here are the 26 homes have come up for sale in the last seven days, and 34 homes will be held open in 95125 this weekend. Of the homes that have just came on market, many of which I saw yesterday on the weekly Willow Glen broker tour, here are three of my personal favorites.

• Sale Price: 16 houses sold this week for an average price of $1,011,053 which is a huge jump from $785,000 of this week last year and the 12 week average sale price of $865,521.
• Inventory: More homeowners are realizing what a great time it is to sell, as evidenced by climbing inventory. There are now 59 houses for sale in Willow Glen, which is 40% higher than the 12-week average of just 42. Still considerably lower than the 89 houses that were for sale this week last year.
• Days on Market: Homes are going more quickly, too — just 23 days on market which is even lower than the already fast 35 day average over the last 12 weeks. Things are moving so fast that 64.5% of all properties in Willow Glen with a sign out front are already pending so if you want to buy in Willow Glen you really need to stay on top of the market and be ready to pounce — basically, make sure your realtor is watching the market like a hawk and workin’ HARD for you when you decide to make your move.

Holly’s Favorites

This week’s broker tour of new homes for sale in Willow Glen featured some real nice houses. Here are three of my favorites.

The house at 2469 Marsha Way was my favorite listing of the week, with a show stopping kitchen and great room. Very fun details including this library wall with a ladder and a fun mailbox shaped like an envelope. It’s got 3 bedrooms, 2.5 bathrooms, features 2,412 of living space on a 9,317 square foot lot, and is listed for $1,248,000.

If you like a lot of land, check out the massive 20,574 square foot lot of 2194 Coastland. It’s like a blank canvas, pictured here with a dog that sat so still many of us thought was a statue!

About two dozen people came out to hear crime prevention specialist Mini Le who works with the San Jose Police Department. She shared lots of great information.

How to Stay Safe

Here are some of the general tips that stood out to me:

1. Be outside, hang out in the front yard- people casing areas don’t want to be seen
2. Get to know your neighbors, know names, numbers and be friendly
3. If something seems unusual, call someone, talk about it
4. Make your home look (and sound) occupied, open the blinds, have landscape lights, motion lights AND porch lights, radios, tv’s on timers, have cars in the driveway, put bells on your gates
5. The most likely place a thief will go is your bedroom, its where 90% of us keep our jewelry and valuables… so, keep your valuables somewhere else!

And here are some of the things you should do outside your house:

6. Light it up, layer it with timers, landscape lights and porch lights.
7. Lock your gates, all doors (cars and house)- do a sweep of locks before bed and before leaving
8. Landscape should be short and not too dense. Thieves like to hide things in bushes.

Schedule Your Own Neighborhood Watch

To schedule your own Neighborhood Watch meeting email mini.le@sanjoseca.gov. You will need at least 3 weeks lead time, location for the meeting and 10 households represented

Want more info about the real estate market in your area? Request a Market Snapshot.

12 houses sold in Willow Glen last week for an average of $919,542, which is 18% higher than this time last year, and up from the average over the last 12 weeks, $851,072. Meanwhile, 13 new listings came on market in the last week of February, with an average list price of $864,288. That leaves us with inventory of 48 homes for sale in Willow Glen, up from the 12 week average of 40. Inventory is still half of what it was at this time last year though. I know of 7 new listings coming to MLS soon, with many of them in the $700 to $800K range.

My favorite new listing on last week’s broker tour was 1958 Ellen Ave. It’s a 1,744 square foot 3/2 on a 5,100 square foot lot listed for $880,000. It’s got a great layout, is ready to move in, and I expect it to sell quickly. The yard is well appointed for outdoor living and entertaining. I loved the alligator in the water feature and the creative use of cinder block for a BBQ.

As always, if you’d like to see these houses or find out what’s on market that might meet your needs, call or text me at 408-887-3225.

Check out this amazing tile — the coolest I’ve ever seen in the well-appointed SIX bedroom home on Booksin Ave at Georgetta. The tile is glass but looks like wood, and covers the wall in the half bath while hardwood graces the floor. The 3,750 square foot house sits on a beautiful 9,100 square foot lot with beautiful redwoods in the front yard, and it’s listed for $1,750,000.

As always, if you’d like to see these houses or find out what’s on market that might meet your needs, call or text me at 408-887-3225.