Santa Clara County Real Estate Price Trends
May 2023
Above is the market real estate "snapshot" in Silicon Valley (previous snapshots, including a pre-corona snapshot, are below). The current update as of May 5, 2023, out of 444,000 homes in Santa Clara County, there are 1084 active listings on the market. Of those, 795 are single family homes and 290 are condos or townhouses. Our "number of months supply" is now at 1.3 months of supply (down from last month). Average days on market before going into contract is right around 19, and listings are selling above the list price at 104.2% average list price to sales price ratio.
Average sales price in Santa Clara County across all property types (including condos and townhomes) is $1,778,928 and for single family homes is $2,088,585. The average price of an SFR one year ago was $2,307,109. The median SFR is currently $1,775,000
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.
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 are a team of Silicon Valley Realtors (and beyond) ready to help with your questions.
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Previous Infographics:
March 2023
February 2023
January 2023
December 2022
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November 2022
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October 2022
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September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
