Santa Clara County
The date of death fell in a rapidly changing market
When the valuation date occurred during a period of sharp appreciation, decline, or changing buyer demand.
In a fast-moving market, sales closing only a few months apart may reflect meaningfully different conditions.
Santa Clara County estates may include older Silicon Valley homes, attached housing, luxury residences, rural-residential property, and real estate affected by decades of market change.
The appraisal should focus on the market surrounding the effective date and explain how timing affected the relevance of available sales.