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Infographic: REO and Short Sales, Santa Clara County: First Half of 2012
11/6/2012

REOs and Short Sales made up 26 percent of new listings in the first half of 2012 in Santa Clara County. While "regular" single family home sales fetched a median price of $743,000, the median price of an REO/Short Sale was $417,000. Gilroy, Milpitas, San Martin, Morgan Hill and San Jose homes topped the list in terms of most homes listed as REO/Short Sale, as a percentage of total new listings in each city.

However, the difference in median sale price for similar-sized homes (three bedroom, two bath) between REO/SS and single family homes was most significant in Sunnyvale, San Martin, Mountain View, San Jose and Campbell.


REOs and Short Sales, San Jose, Sunnyvale, Mountain View