Jennifer McKay - November 2024 Market Update

Page 1


KW Bay Area Estates

Santa Clara County

Jump to Santa Clara County Report

San Jose

Jump to San Jose Report

Santa Clara City

Jump to Santa Clara City Report

Sunnyvale

Jump to Sunnyvale Report

Cupertino

Jump to Cupertino Report

Palo Alto

Jump to Palo Alto Report

Milpitas

Jump to Milpitas Report

Mountain View

Jump to Mountain View Report

Los Gatos

Jump to Los Gatos Report

Saratoga

Jump to Saratoga Report

Campbell

Jump to Campbell Report

Los Altos

Jump to Los Altos Report

Almaden Valley (San Jose)

Jump to Almaden Valley (San Jose) Report

Willow Glen (San Jose)

Jump to Willow Glen (San Jose) Report

Cambrian (San Jose)

Jump to Cambrian (San Jose) Report

AboutMe

I am a real estate professional with over 20 years of experience in high tech, data analytics, and finance. My analytical skills and methodical approach ensure a smooth, effective real estate experience for my clients.

With a background in high tech, I use advanced digital tools to streamline the buying and selling process. My expertise in data analytics allows me to provide indepth market insights, precise property valuations, and investment opportunities to help clients make confident decisions.

I am passionate about helping clients achieve their real estate goals. Whether you're buying your first home, selling a property, or investing, I am dedicated to providing exceptional service, personalized attention, and expert guidance every step of the way.

Contact me today to start your real estate journey with a trusted professional.

Check out my website here

MyMobileApp

Curious about what’s trending in your neighborhood? Ready to make a move?

Download our app for real estate insights, on demand.

KeyFeatures

Work with an Agent Custom Searches

Dynamic Map Get Local Anytime Access

Share Information

Download the Keller Williams Real Estate Mobile App for iPhone, iPad, and Android via the links below:

For more information, click here

ScheduleAMeeting Workwith JenniferMcKay

What’s your home really worth in today’s market?

WORK WITH ME

We put this booklet together to help you understand the scope of our services. You have many options when choosing an agent to represent you in one of the most important transactions of your life. It is important that you select an agent with whom you are comfortable discussing potentially sensitive issues and someone you trust will represent your interests above their own. We would be honored to represent you in the sale of your home. You will have the full support, enthusiasm, and passion of our team to deliver the exceptional results you expect and deserve.

I can help...

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

Should You Sell Your House As-Is or Make Repairs?

A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell asis instead

Santa Clara County

What's in the Santa

The market for Single Family Homes, Condo, and Townhomes units saw 1,000 closed sales at a median price of $1.5m. There was a total of 802 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $1,057.

Clara County data?

November 2024

802

+5.9% Year-over-Year

$1,057 Average Price Per SqFt

+5 6% Year-over-Year 1,000 $1.5M

Sale Price +27.4% Year-over-Year +9% Year-over-Year

25 $1.9B Total Volume +25% Year-over-Year

+43 5% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

521

New Listings

22

Average Days-on-Market

$1.9M

Median Sale Price 694 Closed Sales

$1,173

Average Price Per SqFt

$1.6B

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

280

31 Average Days-on Market

$1M Median Sale Price

306 Closed Sales

$796 Average Price Per SqFt

$327M Total Volume

Luxury Listings for Sale

San Jose

What's in the San Jose data?

The market for Single Family Homes, Condo, and Townhomes units saw 502 closed sales at a median price of $1.4m. There was a total of 437 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $931.

November 2024

437

+13.2% Year-over-Year

$931 Average Price Per SqFt

+8 3% Year-over-Year

502

$1.4M Median Sale Price +23.3% Year-over-Year +13 7% Year-over-Year

23

$790.6M Total Volume +15% Year-over-Year

+42 7% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

285 New Listings

19 Average Days-on-Market

358 Closed Sales

$1,024

Average Price Per SqFt $1.7M

Median Sale Price

$654.2M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

$925K Median Sale Price

144 Closed Sales

$698 Average Price Per SqFt

$136.3M Total Volume

Santa Clara City

What's in the Santa Clara

data?

The market for Single Family Homes, Condo, and Townhomes units saw 57 closed sales at a median price of $1.4m. There was a total of 39 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $1,089.

City

November 2024

39

-2.5% Year-over-Year

Average Price Per SqFt

$1,089 New Listings

+6 1% Year-over-Year

57

$1.4M Closed Sales Median Sale Price -1.7% Year-over-Year -10 8% Year-over-Year

22

$86.5M Average Days-on-Market

Total Volume +22.2% Year-over-Year -3% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

22 Average Days-on Market

$950K Median Sale Price

25 Closed Sales $25.8M Total Volume

$824 Average Price Per SqFt

Sunnyvale

What's in the Sunnyvale data?

The market for Single Family Homes, Condo, and Townhomes units saw 52 closed sales at a median price of $1.8m. There was a total of 46 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $1,336.

November 2024

46

-4.2% Year-over-Year

Average Price Per SqFt

$1,336 New Listings

+5 5% Year-over-Year

52

$1.8M Closed Sales Median Sale Price +4% Year-over-Year

+8 5% Year-over-Year

+22.2% Year-over-Year

Total Volume

22 $105M Average Days-on-Market

+9 3% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

SqFt

$74.5M Total Volume

31 Average Days-on Market

$1.3M Median Sale Price

23 Closed Sales

$926 Average Price Per SqFt

$30.4M Total Volume

Cupertino

What's in the Cupertino data?

The market for Single Family Homes, Condo, and Townhomes units saw 30 closed sales at a median price of $2.4m. There was a total of 25 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,489.

November 2024

New Listings Closed Sales Average Days-on-Market

25

+8.7% Year-over-Year

Average Price Per SqFt

$1,489

+5 5% Year-over-Year 30

$2.4M Median Sale Price +42.7% Year-over-Year

+-20 5% Year-over-Year

23 $76M Total Volume +76.9% Year-over-Year

+15 6% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

SqFt $3.3M Median Sale Price 19

Sales

$62.4M Total Volume

Condo & Townhomes

11 Closed Sales

21 Average Days-on Market

$1.2M Median Sale Price

$1,089 Average Price Per SqFt

$13.6M Total Volume

Palo Alto

What's in the Palo Alto data?

The market for Single Family Homes, Condo, and Townhomes units saw 38 closed sales at a median price of $3.5m. There was a total of 16 new listings with an average of 32 days on the market without price reduction and with an average price per square foot of $1,831.

November 2024

16

-42.7% Year-over-Year

Average Price Per SqFt

$1,831 New Listings

+2 7% Year-over-Year

38

$3.5M Closed Sales Median Sale Price +46.2% Year-over-Year

+32 3% Year-over-Year

32

+45.5% Year-over-Year

Total Volume

$158.4M Average Days-on-Market

+106 1% Year-over-Year

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings The most recent month’s data is based on available numbers, but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

SqFt $3.6M Median Sale Price 33

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent month’s data is based on available numbers, but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

3 New Listings

5 Closed Sales

19 Average Days-on Market

$1.9M Median Sale Price

$1,448 Average Price Per SqFt

$8.4M Total Volume

Milpitas

What's in the Milpitas data?

The market for Single Family Homes, Condo, and Townhomes units saw 53 closed sales at a median price of $1.2m. There was a total of 31 new listings with an average of 20 days on the market without price reduction and with an average price per square foot of $877.

November 2024

31

+47.6% Year-over-Year

$877 Average Price Per SqFt

+9 2% Year-over-Year

53

$1.2M Median Sale Price +194.4% Year-over-Year +14 4% Year-over-Year

20

$70.9M Total Volume +5.3% Year-over-Year

+237 5% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Median Sale Price 17

Sales

11 Average Days-on-Market $1,083 Average Price Per SqFt $1.7M

$30.8M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

24 Average Days-on Market

$1.1M Median Sale Price

36 Closed Sales $40.1M Total Volume

$779 Average Price Per SqFt

Mountain View

What's in the Mountain View data?

The market for Single Family Homes, Condo, and Townhomes units saw 47 closed sales at a median price of $2.1m. There was a total of 27 new listings with an average of 28 days on the market without price reduction and with an average price per square foot of $1,315.

November 2024

New Listings

27

-37.2% Year-over-Year

Average Price Per SqFt

$1,315

+6 2% Year-over-Year

47

$2.1M Closed Sales Median Sale Price +11.9% Year-over-Year

+32 1% Year-over-Year

Average Days-on-Market

28

+40% Year-over-Year

Total Volume

$104.9M

+34 8% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

43 Average Days-on Market

$1.1M Median Sale Price

20 Closed Sales

$948 Average Price Per SqFt

$23.5M Total Volume

Los Gatos

What's in the Los Gatos data?

The market for Single Family Homes, Condo, and Townhomes units saw 40 closed sales at a median price of $2.2m. There was a total of 35 new listings with an average of 35 days on the market without price reduction and with an average price per square foot of $,1144.

November 2024

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings Closed Sales Average Days-on-Market

35

+9.4% Year-over-Year

$1,144 Average Price Per SqFt

+1 8% Year-over-Year

40

$2.2M Median Sale Price +33.3% Year-over-Year +8 2% Year-over-Year

35

$99.4M Total Volume +2.9% Year-over-Year

+51 1% Year-over-Year

21 New Listings

30 Closed Sales

35 Average Days-on-Market $1,220

Average Price Per SqFt $2.6M

Median Sale Price

$84.9M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

32 Average Days-on Market

$1.4M Median Sale Price

10 Closed Sales

$915 Average Price Per SqFt

$14.5M Total Volume

Saratoga

What's in the Saratoga data?

The market for Single Family Homes, Condo, and Townhomes units saw 23 closed sales at a median price of $4m. There was a total of 30 new listings with an average of 38 days on the market without price reduction and with an average price per square foot of $1,349.

November 2024

New Listings Closed Sales

30

+100% Year-over-Year

Average Price Per SqFt

$1,349

-3 3% Year-over-Year

23

$4M Median Sale Price +4.6% Year-over-Year

+22 3% Year-over-Year

Average Days-on-Market

38

$96.5M Total Volume +81% Year-over-Year

+29 9% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

24 New Listings

39 Average Days-on-Market

$4M

Median Sale Price

22 Closed Sales

$1,361

Average Price Per SqFt

$95.2M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

Condo & Townhomes

6

1 Closed Sale

13 Average Days-on Market

$1.3M Median Sale Price

$1,080 Average Price Per SqFt

$1.3M Total Volume

Campbell

What's in the Campbell data?

The market for Single Family Homes, Condo, and Townhomes units saw 34 closed sales at a median price of $1.6m. There was a total of 18 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $,1061.

November 2024

18

$1,061

Average Price Per SqFt -18.2% Year-over-Year -1 8% Year-over-Year

34 $1.6M Median Sale Price +36% Year-over-Year -2 4% Year-over-Year

22 $55.3M Total Volume +22.2% Year-over-Year +27 2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

9 New Listings

18 Average Days-on-Market

21 Closed Sales

$1,257

Average Price Per SqFt $1.9M

Median Sale Price

$43.9M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

30 Average Days-on Market

$899K Median Sale Price

13 Closed Sales $11.4M Total Volume

$745 Average Price Per SqFt

Los Altos

What's in the Los Altos data?

The market for Single Family Homes, Condo, and Townhomes units saw 34 closed sales at a median price of $4.2m. There was a total of 20 new listings with an average of 26 days on the market without price reduction and with an average price per square foot of $1,764.

November 2024

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings Closed Sales Average Days-on-Market

20

-9% Year-over-Year

Average Price Per SqFt

$1,764

+5% Year-over-Year

34

$4.2M Median Sale Price +61.9% Year-over-Year +4 7%Year-over-Year

26

$145.6M Total Volume +116.7% Year-over-Year

+71% Year-over-Year

Listings

21 Average Days-on-Market

27 Closed Sales

$1,881

Average Price Per SqFt $4.5M

Median Sale Price

$133.4M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

5 New Listings

49 Average Days-on Market

$1.7M Median Sale Price

$1,312 Average Price Per SqFt

7 Closed Sales $12.1M Total Volume

Almaden Valley (San Jose)

What's in the Almaden Valley (San Jose) data?

The market for Single Family Homes, Condo, and Townhomes units saw 25 closed sales at a median price of $2.2m. There was a total of 16 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $946.

November 2024

16

-23.8% Year-over-Year

$946 Average Price Per SqFt

+2 3% Year-over-Year

25

$2.7M Median Sale Price +47% Year-over-Year +22 Year-over-Year

Average Days-on-Market

25

+66.7% Year-over-Year

$54.4M Total Volume

+74 6% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

2 New Listings

6 Average Days-on Market

$1.1M Median Sale Price

3 Closed Sales

$935 Average Price Per SqFt

$3.7M Total Volume

Willow Glen (San Jose)

What's in the Willow

data?

The market for Single Family Homes, Condo, and Townhomes units saw 50 closed sales at a median price of $1.9m. There was a total of 38 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $1,089.

Glen (San Jose)

November 2024

38

-2.6% Year-over-Year

Average Price Per SqFt

$1,089 New Listings

+12 6% Year-over-Year

50

+8.7% Year-over-Year

$1.9M Closed Sales Median Sale Price

+11 1% Year-over-Year

22

+29.4% Year-over-Year

Total Volume

$102.4M Average Days-on-Market

+28 2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

44 Average Days-on-Market $1,131 Average Price Per SqFt $2M Median Sale Price 44 Closed Sales

$96M Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

5 New Listings

15 Average Days-on Market

$1M Median Sale Price

6 Closed Sales

$779 Average Price Per SqFt

$6.3M Total Volume

Cambrian (San Jose)

What's in the Cambrian (San Jose) data?

The market for Single Family Homes, Condo, and Townhomes units saw 36 closed sales at a median price of $1.8m. There was a total of 34 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,150.

November 2024

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings Closed Sales Average Days-on-Market

34

-10.5% Year-over-Year

Average Price Per SqFt

$1,150

+10% Year-over-Year

36

$1.8M Median Sale Price -7.7% Year-over-Year

+19 5% Year-over-Year

17

$64.7M Total Volume -15% Year-over-Year -1 8% Year-over-Year

5

22 Average Days-on Market

$830K Median Sale Price

6 Closed Sales

$725 Average Price Per SqFt

$5.7M Total Volume

Ded

Being an independently owned and operated franchise of Keller Williams, KW Bay Area Estates has the position as the Bay Area’s foremost luxury real estate services firm with the execution of best-in-class customer service. KWBAE’s unparalleled team consists of more than 250 associates and professionals strategically located in Los Gatos and Saratoga. Under the same ownership, we have our division of KW South Bay Commercial.

With uncompromising principles, KW Bay Area Estates has established a new standard of excellence within the industry. The company’s growth has been strategic and exciting. Since its inception, the team has successfully represented more than 9,000 transactions, totaling more than $12 billion in total sales.

Dedicated to upholding unparalleled standards for integrity and client care, they strive to create a culture where agents thrive while developing their own businesses to their maximum potential. KW Bay Area Estates has given their agents over $2.6 million in profit share.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.