This probate sales activity report includes probate and trust sales in Santa Clara County in May 2018. This report is comprised of statistical data from May 1, 2018, through May 31, 2018, extracted from our local Multiple Listing Service (“MLS”) as of June 1, 2018. The data includes single family homes, condominiums, and townhouses and may not include “off-market” sales.
Probate & Trust Sales Activity May 2018
- 9 Active properties for sale
- All single-family homes
- 8 probate sales
- 1 trust sale
- 10 Pending sales (Under Contract)
- 8 single family homes
- 1 condo
- 1 townhome
- All probate sales
- 7 Sold Homes
- 5 single family homes
- 2 townhomes
- All probate sales
The highest price home sold was a single family home located in Saratoga 95070. The home has 3 bedrooms, 2 bathrooms, approximately 1,260 square feet of living space and a 12,503 square foot lot. The home was 68 years old. It listed on March 17, 2018. List price $1,490,000. On March 24, 2018, the MLS reported pending status. On May 14, 2018, it was reported sold. The final sales price reported was $2,701,000. The sale did require court confirmation. It was a cash sale.
The lowest price home sold was a single family home in San Jose 95123. It had 4 bedrooms, 2 bathrooms, and approximately 1,362 square feet living space and a 5,168 square foot lot. It first listed December 21, 2017, for $769,000. On May 24, 2018, the MLS status was changed to pending. On May 30, 2018, the status changed to sold. The final sales price was $845,000. It was a cash sale. The home was purchased by an investor. After renovating it was offered for sale again at the end of July 2018.
There was only one trust property listed for sale in May 2018. As an agent that specializes in probate, I am amazed every month when I review the data to see so few trust properties for sale.
While many aspects of probate sales may be similar to a non-probate sale of real property, a personal representative is well advised to seek a qualified real estate agent to represent them in the sale of a probate and trust home. We live in a highly specialized world today. Hiring a Certified Probate Agent is just as important as hiring an attorney who specializes in probate.
If you need an attorney who specializes in Probate I am happy to recommend one. If you already have an attorney and simply need help with selling property in probate then give me a call. I may be reached at my office at 408.972.1822 or on my cell at 408.499.8751. If you prefer, you may request a consultation. We’re here to help.