Santa Clara County Real Estate Price Trends
Above is the market real estate "snapshot" in Silicon Valley (previous snapshots, including a pre-corona snapshot, are below). The current update as of April 7, 2021, out of 444,000 homes in Santa Clara County, there are 1,473 active listings on the market. Of those, 973 are single family homes and 500 are condos or townhouses. Our "number of months supply" is now at 1.0 months of supply (down from last month). Average days on market before going into contract is right around 20 (down from last month), and listings are selling above the list price at 106.8% average list price to sales price ratio.
Average sales price in Santa Clara County across property types (including condos and townhomes) is $1,589,900 and for single family homes is $1,910,896. The average price of an SFR one year ago was $1,635,265. The median SFR is currently $1,580,000.
We update the Santa Clara County Real Estate Price Trends regularly, looking up statistics manually directly from the MLS. This is not a system generated report. If you are looking for a Bay Area Realtor, we're here to help. We'd be happy to answer questions about buying a home in the Bay Area, the home selling process, or any other question you have.
Interest rates dropping and remaining attractive has been fueling the market despite current uncertain times. If you'd like a customized market report for your town, area, or zip code please let us know - our home selling team is happy to prepare it for you. We have a system for helping virtually during these unpredictable times. And for in-person work we follow safety protocols.
We are a team of Silicon Valley Realtors (and beyond) ready to help with your questions.
-----------------------------------------------------------------------------------------------------------
---
Previous Infographics:
March 2, 2021
February 3, 2021
January 12, 2020
December 14, 2020
November 19, 2020
November 2, 2020
October 20, 2020
September 29, 2020
August 21, 2020
July 8, 2020
June 22, 2020
June 1, 2020
May 13, 2020
April 27, 2020
April 20, 2020
April 13, 2020
April 6, 2020
End of March, 2020:
For a "pre-corona benchmark," we've included our infographic of the data from the beginning of March 2020.