San Jose Real Estate Market Update – August 2022 | Part 1
The real estate market was beginning to shift in the summer of 2022, leaving many San Jose buyers and sellers wondering what those changes meant for their next move.
Was the market becoming a “bad” market — or simply a different market that required a different strategy?
In this August 2022 market update, I discuss the changing real estate environment and why it’s important to look beyond the headlines when deciding whether to buy or sell a home.
Is a Changing Real Estate Market Necessarily a Bad Market?
Real estate markets don’t stay the same forever. Inventory, buyer demand, mortgage rates, pricing and competition can all change — and those shifts can create different opportunities and challenges for buyers and sellers.
What matters most is understanding the market you’re actually in and determining how current conditions relate to your individual real estate goals, finances and timeline.
Watch my August 2022 San Jose real estate market update below for my perspective at the time.
Looking for the Current San Jose Real Estate Market?
Important: This video was originally published in August 2022 and reflects market conditions at that time.
If you’re considering buying or selling today, don’t use a 2022 market update to make a current real estate decision. Home prices, inventory, mortgage rates and buyer competition have changed since this video was recorded.
Instead, check my latest San Jose and Silicon Valley market updates or contact me for current information about the neighborhood and price range you’re considering.
Michelle Elliott
Coldwell Banker Realty
408-839-7915
DRE #01777533
GET YOUR FREE HOME SELLING BOOK
About the Author – Michelle Elliott
With over 20 years of experience navigating the fast-paced Silicon Valley market, I provide a strategic, results-driven approach to residential real estate. My career is built on a foundation of deep local expertise and a relentless commitment to my clients’ success, resulting in over $235 million in lifetime sales volume and a consistent ranking in the top 3% of agents in Santa Clara County and top 2% at Coldwell Banker. My expertise has been featured on KTVU Fox 2, Real Producers and the Willow Glen Resident. She is also the co-host of the San Jose Podcast “Say What You Want About Real Estate”
A Hyper-Local Expert with Global Reach
I specialize in San Jose, in the neighborhoods of Willow Glen (95125 & 95124) Cambrian Park and Almaden, Downtown San Jose/Japantown (95112) markets. As a certified Luxury Property Specialist with Coldwell Banker Realty, I combine high-end marketing strategies with granular neighborhood knowledge to help my clients achieve premium results.
The “Tiger” at the Negotiating Table
My clients have characterized me as a “tiger” at the negotiating table who remains “sweet and patient” with my clients throughout the process. I pride myself on being a fierce advocate for my buyers and sellers, ensuring the best possible terms in every transaction, and I strive to be the best Realtor in 95125! This balance, drive, and tenacity have earned me consistent 5-star ratings across Google, Zillow, Realtor.com, and Yelp.
Michelle Elliott
Michelle@michelleelliottrealtor.com
1712 Meridian Ave, Ste C, San Jose, CA
DRE 01777533