Celeste Johnson - January 2025 Market Report Palo Alto Area

Page 1


Palo Alto area

Palo Alto Los Altos

Jump to Palo Alto Report

Redwood City

Jump to Redwood City Report

Portola Valley

Jump to Portola Valley Report

Menlo Park

Jump to Menlo Park Report

Atherton

Jump to Atherton Report

Jump to Los Altos Report

San Jose

Jump to San Jose Report

Mountain View

Jump to Mountain View Report

San Mateo County

Jump to San Mateo County Report

Santa Clara County

Jump to Santa Clara County Report

Monterey County

Jump to Monterey County Report

Santa Cruz County

Jump to Santa Cruz County Report

East Palo Alto

Jump to East Palo Alto Report

Sunnyvale

Jump to Sunnyvale Report

Santa Clara City

Jump to Santa Clara City Report

Saratoga

Jump to Saratoga Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

HowToMakeItHappenin2025

This is the time when a lot of people take a moment to reflect and set their goals for this year. And as you picture what you want your 2025 to look like, one thing that may pop into your mind is the vision of you in a new home. But how do you get there? And where do you start?

Here’s some advice that can help you get the ball rolling.

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ANENBERG-ESSERT FAMILYADUIN CAMPBELL ProjectSpotlight:

Enhancing Property Value and Family Living Space with an Acton ADU

The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.

GoalsandVision

The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence

Design and Construction Details

Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:

Vaulted Ceilings

Creates a spacious, open atmosphere

Senior-Friendly Living

Safe, independent space for elderly family members

Fully Equipped Kitchen

Modern amenities for everyday convenience

Open Living Area

Multipurpose area for relaxation and entertainment

Results and Impact

The completion of the Anenberg-Essert ADU led to several valuable outcomes:

Increased Property Value

The ADU addition significantly boosted property value

Flexible Living Space

A versatile space for family, guests, or as a rental

Modern Comforts

High-end finishes and amenities enhance both function and style.

Enhanced Family Living

The ADU enriches the AnenbergEssert family’s home with both privacy and connection

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

PaloAlto

What's in the Palo Alto data?

There were 14 single-family homes for sale, providing 1.8 months of inventory. There were 8 new listings, and 8 homes sold at a median price of $3.4m. The median overbid percentage was at 105%, with an average of 18 days on the market.

There were 9 condo and townhome units for sale, providing 2.3 months of inventory. There were 3 new listings and 8 units sold at a median sale price of $1.4m. The median overbid percentage was at 97%, with an average of 36 days on the market.

Single-Family Homes

8 New Listings

8 Sold Listings

1.8 Months of Inventory

$3.4M Median Sale Price

105% Median Sale vs List

18 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Condo & Townhomes

3

New Listings

8 Sold Listings

2.3

Months of Inventory

$1.4M

Median Sale Price 97%

Median Sale vs List

36 Avg Days on Market

DECEMBER 2023 - DECEMBER 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 9m last December 2023, to $3 4m as of December 2024

Condos & Townhomes

The median sale price has increased from $1 2m last December 2023, to $1 4m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last December 2023, to 18 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 61 days in December 2023, to 36 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98% last December 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 95% last December 2023, to 97% a year later.

Redwood City

What's in the Redwood City data?

There were 21 single-family homes for sale, providing 1.2 months of inventory. There were 11 new listings, and 24 homes sold at a median price of $2m. The median overbid percentage was at 103%, with an average of 19 days on the market

There were 6 condo and townhome units for sale, providing 1 month of inventory. There was 1 new listing and 5 units sold at a median sale price of $900k. The median overbid percentage was at 92%, with an average of 51 days on the market.

Single-Family Homes

11 New Listings

24 Sold Listings

1.2 Months of Inventory

$2M Median Sale Price

103%

Median Sale vs List

19 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Listing 1

woodCity

DECEMBER 2023 - DECEMBER 2024

R SALE SOLD LISTINGS

year-over-year.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 06m last December 2023, to $2 09m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last December 2023, to $900k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last December 2023, to 19 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 19 days in December 2023, to 51 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last December 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last December 2023, to 92% a year later.

Portola Valley

What's in the Portola Valley data?

There were 7 single-family homes for sale, providing 1.8 months of inventory. There were 3 new listings, and 5 homes sold at a median price of $4.9m. The median overbid percentage was at 96%, with an average of 48 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

3 New Listings

5 Sold Listings

1.8 Months of Inventory

$4.9M Median Sale Price

96% Median Sale vs List

48 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data for this month.

PortolaValley

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

No data for this month.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 95m last December 2023, to $4 9m as of December 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last December 2023, to 48 days as of December 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has decreased from 101% last December 2023, to 96% a year later

Condos & Townhomes

No data for this month

Menlo

What's in the Men

There were 5 single-family h providing 1.3 months of inve new listings, and 15 homes s of $2.7m. The median overb 104%, with an average of 16

There were 2 condo and tow providing 0.4 months of inve new listings and 6 units sold price of $1.7m. The median was at 90%, with an average market.

4 New Listings

1.3 Months of Inventory

104% Median Sale vs List

15 Sold Listings

$2.7M Median Sale Price

16 Avg Days on Market

all single-family homes, December 2023 to December the time the data was 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Condo 3

New Listings

0.4

Sold Listings

Months of Inventory $1.7M

Median Sale Price 90%

Median Sale vs List 46 Avg Days on Market 6

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 1m last December 2023, to $2 7m as of December 2024

Condos & Townhomes

The median sale price has increased from $980k last December 2023, to $1 7m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 43 days last December 2023, to 16 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 70 days in December 2023, to 46 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 91% last December 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 94% last December 2023, to 90% a year later.

Atherton

What's in the Atherton data?

There were 4 single-family homes for sale, providing 4 months of inventory. There was 1 new listing, and 5 homes sold at a median price of $5.6m. The median overbid percentage was at 91%, with an average of 52 days on the market.

There was no data for condo and townhouse units for this month.

1 New Listing

5 Sold Listings

4 Months of Inventory

$5.6M Median Sale Price

91% Median Sale vs List

52 Avg Days on Market

C Condo

No data for this month.

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $6m last December 2023, to $5 6m as of December 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last December 2023, to 52 days as of December 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has decreased from 93% last December 2023, to 91% a year later

Condos & Townhomes

No data for this month

LosAltos

What's in the Los Altos data?

There were 5 single-family homes for sale, providing 0.6 months of inventory. There were 4 new listings, and 16 homes sold at a median price of $5m. The median overbid percentage was at 106%, with an average of 21 days on the market.

There were 8 condo and townhome units for sale, providing 2 months of inventory. There were 3 new listings and 2 units sold at a median sale price of $2.9m. The median overbid percentage was at 96%, with an average of 41 days on the market.

Single-Family Homes

4 New Listings

16 Sold Listings

0.6 Months of Inventory

$5M Median Sale Price

106%

Median Sale vs List

21 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

3

New Listings

2

Sold Listings

2

Months of Inventory

$2.9M

Median Sale Price 96%

Median Sale vs List

41 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4 3m last December 2023, to $5m as of December 2024

Condos & Townhomes

The median sale price has increased from $1 7m last December 2023, to $2 9m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last December 2023, to 21 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 52 days in December 2023, to 41 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last December 2023, to 106% a year later

Condos & Townhomes

The overbid percentage has increased from 92% last December 2023, to 96% a year later.

SanJos

What's in the San

There were 101 single-family providing 0.6 months of inve new listings, and 273 homes price of $1.6m. The median o was at 103% with an average market.

There were 127 condo and to sale, providing 1 7 months of were 54 new listings and 111 median sale price of $770k. T percentage was at 100%, wit days on the market.

148 New Listings

0.6 Months of Inventory

103%

Median Sale vs List

273 Sold Listings

$1.6M Median Sale Price

25 Avg Days on Market

all single-family homes, December 2023 to December the time the data was 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

New Listings

Sold Listings

1.7

Months of Inventory $770K

Median Sale Price

Median Sale vs List 34 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last December 2023, to $1 6m as of December 2024

Condos & Townhomes

The median sale price has decreased from $804k last December 2023, to $770k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last December 2023, to 25 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in December 2023, to 34 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last December 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has increased from 99% last December 2023, to 100% a year later.

e-Family Homes

6 New Listings

15 Sold Listings

0.3 Months of Inventory

$3.2M Median Sale Price

108%

Median Sale vs List

12 Avg Days on Market

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from December 2023 to December may include preliminary data, and may vary from the time the data was data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Condo 4

New Listings

0.6

Sold Listings

Months of Inventory $1.1M

Median Sale Price 101%

Median Sale vs List 36 Avg Days on Market 21

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last December 2023, to $3 2m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last December 2023, to $1 1m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 13 days last December 2023, to 12 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in December 2023, to 36 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104% last December 2023, to 108% a year later

Condos & Townhomes

The overbid percentage has increased from 94% last December 2023, to 101% a year later.

SanMate County

What's in the San Mate data?

There were 193 single-family homes providing 0.6 months of inventory. Th new listings, and 231 homes sold at price of $1.7m. The median overbid p was at 101 2%, with an average of 34 market.

There were 120 condo and townhom sale, providing 1.2 months of invento were 35 new listings and 97 units so sale price of $885k. The median ove percentage was at 100%, with an ave days on the market

100 New Listings

231 Sold Listings

0.6 Months of Inventory

$1.7M Median Sale Price

101.2% Median Sale vs List

34 Avg Days on Market

Graphix, includes all single-family homes, above from December 2023 to December may vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

35

New Listings

97

Sold Listings

1.2

Months of Inventory

$885K

Median Sale Price 100%

Median Sale vs List

53 Avg Days on Market

SanMateo

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last December 2023, to $1 7m as of December 2024

Condos & Townhomes

The median sale price has increased from $825k last December 2023, to $885k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last December 2023, to 34 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 51 days in December 2023, to 53 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last December 2023, to 101 2% a year later

Condos & Townhomes

The overbid percentage has increased from 98.6% last December 2023, to 100% a year later.

SantaClara County

What's in the Santa Clara County data?

There were 342 single-family homes for sale, providing 0.5 months of inventory. There were 307 new listings, and 552 homes sold at a median price of $1.8m. The median overbid percentage was at 100 9%, with an average of 27 days on the market.

There were 303 condo and townhome units for sale, providing 1 month of inventory. There were 121 new listings and 265 units sold at a median sale price of $1m. The median overbid percentage was at 100%, with an average of 35 days on the market

307 New Listings

mily Homes

552 Sold Listings

0.5 Months of Inventory

$1.8M Median Sale Price

100.9%

Median Sale vs List

27 Avg Days on Market

InfoSparks and Trend Graphix, includes all single-family homes, the California Area above from December 2023 to December preliminary data, and may vary from the time the data was med reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Listings 1

of Inventory

Median Sale vs List

Listings

SantaClaraCounty

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

gle-Family Homes

t 12 months, year-over-year.

ndos & Townhomes

t 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last December 2023, to $1 8m as of December 2024

Condos & Townhomes

The median sale price has increased from $880k last December 2023, to $1m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last December 2023, to 27 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 32 days in December 2023, to 35 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last December 2023, to 100 9% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last December 2023, to 100% a year later.

Monterey County

What's in the Monterey County data?

There were 306 single-family homes for sale, providing 2.6 months of inventory. There were 87 new listings, and 135 homes sold at a median price of $932k. The median overbid percentage was at 97%, with an average of 51 days on the market.

There were 45 condo and townhome units for sale, providing 2.5 months of inventory. There were 17 new listings and 20 units sold at a median sale price of $928k. The median overbid percentage was at 97%, with an average of 64 days on the market

87 New Listings

135 Sold Listings

2.6 Months of Inventory

$932K Median Sale Price

97%

Median Sale vs List

51 Avg Days on Market

17

New Listings

20

Sold Listings

2.5

Months of Inventory

$928K

Median Sale Price 97%

Median Sale vs List

64 Avg Days on Market

MontereyCounty

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $929k last December 2023, to $932k as of December 2024

Condos & Townhomes

The median sale price has increased from $670k last December 2023, to $928k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last December 2023, to 51 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 40 days in December 2023, to 64 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95% last December 2023, to 97% a year later

Condos & Townhomes

The overbid percentage has increased from 95% last December 2023, to 97% a year later.

SantaCruz County

What's in the Santa Cruz County data?

There were 198 single-family homes for sale, providing 3.9 months of inventory. There were 48 new listings, and 83 homes sold at a median price of $1.2m. The median overbid percentage was at 96%, with an average of 40 days on the market.

There were 63 condo and townhome units for sale, providing 3.5 months of inventory. There were 15 new listings and 18 units sold at a median sale price of $679k. The median overbid percentage was at 96%, with an average of 35 days on the market.

Single-Family Homes

48 New Listings

83 Sold Listings

3.9 Months of Inventory

$1.2M Median Sale Price

96% Median Sale vs List

40 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Listings

3.5

Months of Inventory $679K Median Sale Price

Median Sale vs List 35 Avg Days on Market 18 Sold Listings

aCruzCounty

DECEMBER 2023 - DECEMBER 2024

R SALE SOLD LISTINGS

mes year-over-year.

omes , year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1m last December 2023, to $1 2m as of December 2024

Condos & Townhomes

The median sale price has decreased from $780k last December 2023, to $679k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 43 days last December 2023, to 40 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 33 days in December 2023, to 35 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 93% last December 2023, to 96% a year later

Condos & Townhomes

The overbid percentage has increased from 95% last December 2023, to 96% a year later.

East PaloAlto

What's in the East Palo Alto data?

There were 4 single-family homes for sale, providing 0.8 months of inventory. There were 3 new listings, and 6 homes sold at a median price of $978k. The median overbid percentage was at 102%, with an average of 31 days on the market

There were 2 condo and townhome units for sale, providing 2 months of inventory. There were 0 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.

3 New Listings

mily Homes

6 Sold Listings

0.8 Months of Inventory

$978K Median Sale Price

102%

Median Sale vs List

31 Avg Days on Market

InfoSparks and Trend Graphix, includes all single-family homes, the California Area above from December 2023 to December preliminary data, and may vary from the time the data was med reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Condo & Townhomes

New Listings

2

Sold Listings

Months of Inventory $0

Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $945k last December 2023, to $978k as of December 2024

Condos & Townhomes

The median sale price has remained the same from $0 last December 2023, to $0 as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last December 2023, to 31 days as of December 2024

Condos & Townhomes

The average time spent on the market remained the same from 0 days in December 2023, to 0 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92% last December 2023, to 102% a year later

Condos & Townhomes

The overbid percentage has remained the same from 0% last December 2023, to 0% a year later.

Sunnyv

What's in the Sunn

There were 5 single-family ho providing 0.6 months of inve new listings, and 27 homes s of $2.6m. The median overbi 105% with an average of 30 d

There were 7 condo and tow providing 0.6 months of inve new listings and 12 units sol price of $1.5m. The median o was at 104%, with an average market.

10 New Listings

0.6 Months of Inventory

105%

Median Sale vs List

27 Sold Listings

$2.6M Median Sale Price

30 Avg Days on Market

all single-family homes, December 2023 to December the time the data was 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

7

New Listings

12

Sold Listings

0.6

Months of Inventory

$1.5M

Median Sale Price 104%

Median Sale vs List 54 Avg Days on Market

DECEMBER 2023 - DECEMBER 2024

STINGS FOR SALE

e-Family Homes

12 months, year-over-year.

os & Townhomes

12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last December 2023, to $2 6m as of December 2024

Condos & Townhomes

The median sale price has increased from $1m last December 2023, to $1 5m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 19 days last December 2023, to 30 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 26 days in December 2023, to 54 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 106% last December 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last December 2023, to 104% a year later.

SantaC City

What's in the Sant data?

There were 2 single-family ho providing 0.1 months of inve new listings, and 23 homes s of $1.9m. The median overbi 110%, with an average of 17

There were 18 condo and tow sale, providing 6 months of in 4 new listings and 11 units s price of $1.1m. The median o was at 106%, with an average market.

13 New Listings

0.1 Months of Inventory

110%

Median Sale vs List

23 Sold Listings

$1.9M Median Sale Price

17 Avg Days on Market

all single-family homes, December 2023 to December the time the data was 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

New Listings

6

Months of Inventory $1.1M

Median Sale Price 106%

Median Sale vs List 31 Avg Days on Market 11 Sold Listings

SantaClaraCity

DECEMBER 2023 - DECEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last December 2023, to $1 9m as of December 2024

Condos & Townhomes

The median sale price has increased from $753k last December 2023, to $1 1m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 17 days last December 2023, to 17 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 32 days in December 2023, to 31 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104% last December 2023, to 110% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last December 2023, to 106% a year later.

Saratoga

What's in the Saratoga data?

There were 13 single-family homes for sale, providing 1.3 months of inventory. There were 9 new listings, and 18 homes sold at a median price of $3.7m. The median overbid percentage was at 104%, with an average of 19 days on the market.

There were 5 condo and townhome units for sale, providing 5 months of inventory. There was 1 new listing and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.

Single-Family Homes

9 New Listings

18 Sold Listings

1.3 Months of Inventory

$3.7M Median Sale Price

104% Median Sale vs List

19 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from December 2023 to December 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2025. Each office is independently owned and operated.

Condo & To 1

New Listing

5

Months of Inventory $0

Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0 Sold Listings

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 1m last December 2023, to $3 7m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 1m last December 2023, to $0 as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last December 2023, to 19 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 8 days in December 2023, to 0 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last December 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last December 2023, to 0% a year later.

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