The last few weeks I have been writing about the market conditions around Rivermark, Santa Clara. Citing a number of short sale homes and condos, at significantly reduced prices. In the last week there has been a slight shift in the market with increased buyer activity that has resulted in some Rivermark home sales. Although sales numbers for the year are a bit down and a significant portion of the listings are short sales listings buyers have come out and put up some offers.
This past weekend I showed some properties in the Rivermark and Miraval complex, and 2 of the 7 properties that I intended to show just entered into contract, within the last 2 days. Now that buyers are recognizing that the market may not fall any further the buying opportunties are being noticed.
For a look at the sales and listings for Rivermark so far this year view the Rivermark Single Family market update.
For a look at the sales and listings for Rivermark Townhomes and Miraval Condos so far this year view the market update.