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 January 12, 2020, out of 444,000 homes in Santa Clara County, there are 1,091 active listings on the market. Of those, 613 are single family homes and 478 are condos or townhouses. Our "number of months supply" is now at 0.8 months of supply (down from last month). Average days on market before going into contract is right around 23 (up slightly from last month), and listings are selling above the list price at 104.8% average list price to sales price ratio.
Average sales price in Santa Clara County across property types (including condos and townhomes) is $1,463,862 and for single family homes is $1,755,392. The average price of an SFR one year ago was $1,455,083. The median SFR is currently $1,362,000. The average sales prices are as follows based on property types: Single family home: $1,755,392, Condominium:$739,847, Townhouse:$1,172,332.
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 also have a free first time home buyers class coming up - please inquire in order to get on the interest list!
We are a team of Silicon Valley Realtors (and beyond) ready to help with your questions.
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Above is the market real estate "snapshot" in Silicon Valley (previous snapshots, including a pre-corona snapshot, are below). The current update as of December 14, 2020, out of 444,000 homes in Santa Clara County, there are 1425 active listings on the market. Of those, 1026 are single family homes and 399 are condos or townhouses. Our "number of months supply" is now at 1 months of supply (down from last month). Average days on market before going into contract is right around 20 (up slightly from last month), and listings are selling above the list price at 102.8% average list price to sales price ratio and sales price to original price ratio has gone up from last month to 103.1%.
Average sales price across property types is $1,518,899 and for single family homes is $1,756,895 for the county. The average sales prices are as follows based on property types: Single family home:$1,756,895, Condominium:$767,193, Townhouse:$1,045,469.
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 Silicon Valley 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 also have a free first time home buyers class coming up - please inquire in order to get on the interest list!
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Previous Infographics:
November 19, 2020
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November 2, 2020
October 20, 2020
September 29, 2020
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August 21, 2020
July 8, 2020
June 22, 2020
June 1, 2020
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May 13, 2020
April 27, 2020
April 20, 2020
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April 13, 2020
April 6, 2020
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End of March, 2020:
For a "pre-corona benchmark," we've included our infographic of the data from the beginning of March 2020.
