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Market Update - Week of 12.21 & Happy Holidays!

David Kim December 23, 2022

The monthly year-over-year inflation rate continued to decline, as well as average weekly interest rates (slightly), but stock markets remained low.

Please see the graphs below and feel free to reach out if you would like to know more about how this is impacting the real estate market and your real estate plans.

- David Kim

Inventory trends by county

There aren’t many homeowners that need to sell as a lot of homeowners have built their equity and have very low-interest rates. Look at the charts to see how many active listings and sold listings we have in Santa Clara County and San Mateo County.

Santa Clara County

San Mateo County

Happy Holidays!

Our team would like to take this moment to wish you all a happy holiday season and to thank you.

We sincerely appreciate the support you've shown to our business and we look forward to serving you further in the coming year.

Have a safe and joyful holiday!

Questions? Contact us

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May 2023 Market Update

This presents a favorable opportunity for buyers to explore diverse areas or property types.

April 2023 Market Update

Rates have been volatile for 5 weeks but ticked down again since the March inflation data.

March 2023 Market Update

From a long-term perspective, the Fed's actions since 1981 can be reviewed in the chart below.

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