54 home closings in the month of December last year for the city of Santa Clara real estate. Not too shabby for a December in any year.  The end of the year last year experienced a rush of buying, more so than previous years.  Also note that many of the sale prices were close to list or even over.

	List Price	Street Address	DOM	Sale Price	Close Date
1	$279,000	2472 BORAX DR	8	$330,000	12/4/2009
2	$389,000	1951 WALNUT GROVE AVE	152	$375,000	12/16/2009
3	$450,000	975 DI GIULIO AVE	60	$425,000	12/16/2009
4	$421,740	3595 SHAFER DR	78	$427,500	12/24/2009
5	$437,333	1724 CABRILLO AVE	27	$440,000	12/22/2009
6	$399,000	1182 MARYANN DR	12	$440,000	12/30/2009
7	$450,000	2314 AUGUSTA PL	262	$450,000	12/8/2009
8	$454,410	3859 DE LA CRUZ BL	5	$450,000	12/3/2009
9	$449,500	1738 COLUMBUS PL	43	$460,000	11/21/2009
10	$449,900	680 CLARA VISTA AVE	2	$472,500	12/22/2009
11	$459,900	2305 AMETHYST DR	11	$481,000	12/16/2009
12	$475,000	2184 FRANCIS AVE	20	$490,000	12/16/2009
13	$449,000	2262 BOWERS AVE	–	$500,000	12/11/2009
14	$519,000	1937 BENTON ST	30	$519,000	12/15/2009
15	$525,000	2149 BOHANNON DR	26	$525,000	5/29/2009
16	$529,000	3326 GRANADA AVE	6	$536,000	12/2/2009
17	$544,500	2876 ADDISON PL	43	$541,000	12/22/2009
18	$549,000	3406 BELLA VISTA AVE	11	$549,000	12/22/2009
19	$575,000	1665 GRAHAM LN	77	$575,000	12/21/2009
20	$599,000	2359 BRAY AVE	21	$590,000	12/15/2009
21	$599,000	2311 WOODLAND AVE	20	$610,000	12/1/2009
22	$568,000	3388 SAINT MARYS PL	7	$616,000	12/10/2009
23	$624,000	760 BELLOMY ST	9	$620,000	12/31/2009
24	$609,000	2478 TULIP RD	8	$620,000	12/3/2009
25	$649,000	3089 AGATE DR	44	$621,000	11/24/2009
26	$639,950	1275 MEADOWLARK AVE	29	$625,000	12/10/2009
27	$650,000	414 DAYTON AVE	6	$641,875	12/23/2009
28	$649,950	2048 LOVELL PL	34	$642,000	12/22/2009
29	$649,000	3111 MEMBRILLO CORTE	11	$655,000	11/13/2009
30	$695,000	4082 DAVIS ST	7	$685,000	12/9/2009
31	$695,000	2004 GAMMELL BROWN PL	7	$705,000	12/16/2009
32	$649,999	3291 LOMA ALTA DR	6	$707,550	12/9/2009
33	$750,000	692 FAIRLANE AVE	69	$738,000	12/4/2009
34	$757,370	3560 DRUFFEL PL	54	$739,990	11/5/2009
35	$688,888	2318 LASS DR	13	$741,000	12/18/2009
36	$813,156	3570 DRUFFEL PL	49	$742,167	11/27/2009
37	$749,000	779 BAYLOR DR	7	$745,000	12/18/2009
38	$818,509	3571 WOLF PL	57	$756,500	11/13/2009
39	$759,000	711 RIDGE RD	2	$760,150	12/17/2009
40	$758,000	2214 LASS DR	13	$780,000	11/30/2009
41	$789,930	4220 VERDIGRIS CIR	5	$798,000	12/1/2009
42	$823,000	2740 PRUNERIDGE AVE	51	$823,000	12/7/2009
43	$888,000	476 BIRCH WAY	117	$840,000	12/16/2009
44	$859,000	640 MEADOW AVE	19	$845,000	12/3/2009
45	$849,000	56 RODONOVAN DR	24	$855,000	12/2/2009
46	$999,950	343 LESTER CT	11	$980,000	12/2/2009
47	$995,000	340 FONTANA DR	9	$1,005,000	12/10/2009
48	$999,950	2816 MESQUITE DR	6	$1,010,000	12/29/2009
49	$1,049,800	726 MONROE ST	11	$1,025,000	12/10/2009
50	$988,000	112 TYLER AVE	23	$1,050,000	11/19/2009
51	$1,098,000	2609 NEVES CT	33	$1,082,000	12/8/2009
52	$1,099,800	819 E RIVER PY	18	$1,110,000	12/11/2009
53	$1,198,000	353 LESTER CT	20	$1,160,000	12/8/2009
54	$1,167,500	4146 MARSTON LN	0	$1,167,500	12/7/2009

2009 was actually a busy year for home sales in Santa Clara. Although the national press focused on the sluggish real estate market, record high foreclosures and the country’s credit woes, the number of homes sold in the City of Santa Clara was not too far off from 2007 levels.

In 2007 569 homes were sold in Santa Clara compared with 539 sold in 2009.  2008 we did witness a very down year, that number dropped to just 485 homes. The biggest difference in 2009 from previous years were the number of short sales and bank owned homes that made up the total sales.

In 2009 the number of short sale homes sold in Santa Clara were 66 homes or 12% of homes sold that year. Santa Clara bank owned homes totalled 123 in 2009 or 23%.  Over a third of the single family homes sold in Santa Clara in 2009 were some sort of distressed sale.

This is in stark contrast to 2007 where there was just one closed short sale in Santa Clara and no bank owned home sales.

FYI, In 2008 the number of short sale homes totalled just 16 homes or 3% of the homes sold that yearAs for bank owned homes there were 43 homes or 9% of homes sold that year in Santa Clara.