KW Bay Area Estates
Santa Clara County Jump to Santa Clara County Report
San Mateo County Jump to San Mateo County Report
San Francisco County Jump to San Francisco County Report
Alameda County Jump to Alameda County Report
What’s your home really worth in today’s market? That's really 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. At the end of the day, it’s the current market that sets the value of your home. So, do you know what your home is worth in today's market?
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
Smart Strategies for a Smooth Mortgage Application Secure Your Dream Home Today
paying off debts or 4 Avoid collections without
1
professional advice.
verified funds for 5 Use deposits to prevent
2
closing delays.
3
Always consult your mortgage professional before making large financial moves.
have your credit 6 Don't report pulled too many times - this can hurt your credit score.
Keep your financial habits steady for the best mortgage outcomes.
Start Your Smooth Mortgage Journey –
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Santa Clara County What's in the Santa Clara County data?
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.
Overview November 2024
New Listings
Closed Sales
Average Days-on-Market
802
1,000
25
+5.9% Year-over-Year
+27.4% Year-over-Year
+25% Year-over-Year
Average Price Per SqFt
Median Sale Price
Total Volume
$1,057
$1.5M
$1.9B
+5.6% Year-over-Year
+9% Year-over-Year
+43.5% Year-over-Year
Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings. The most recent quarter’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.
SFH Single Family Homes
521
694
New Listings
Closed Sales
22
$1,173
Average Days-on-Market
Average Price Per SqFt
$1.9M
$1.6B
Median Sale Price
Total Volume
Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings. The most recent quarter’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 Condo & Townhomes
280
306
New Listings
Closed Sales
31
$796
Average Days-on Market
Average Price Per SqFt
$1M $327M Median Sale Price
Total Volume
Luxury Listings for Sale
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 300 250 200
296 257
257
276 201
212
211
201
209
July
August
September
October
150
195
100 50 0
November
Luxury Contracts Signed
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 200
150
140
144
154
161
140 100
117
106
79 83
50
43 0
July
August
September
October
November
N ov 20 De 23 c 20 Ja 23 n 20 Fe 24 b 20 2 M ar 4 20 Ap 24 r2 M 024 ay 20 Ju 24 n 20 24 Ju l2 0 Au 24 g 20 Se 24 p 20 2 O ct 4 20 2 N ov 4 20 24
$500,000
$0
$1,580,000
October
$1,670,000
$1,550,000
September
$1,580,000
$1,520,500 $1,580,000
$1,521,000 $1,550,000
$1,541,000 $1,670,000
$1,450,000 $1,580,000
P R E VIOUS YEAR
$1,600,000
$1,635,000
August
$1,692,500
$1,694,000
$1,633,333
July
$1,460,000
$1,440,500
$1,600,000
2023
$1,417,500
$0 $1,500,001
$500,000
$1,450,000
Median Sales Price
BY MONTH, YEAR-OVER-YEAR C U R RENT YEAR
$2,000,000
$1,500,000
$1,000,000
2024 2023 2024 2023 2024 2023 2024 2023
November
2024
BY MONTH
$2,000,000
$1,500,000
$1,000,000
New Listings
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 2,000 1,500 1,000 500 0
1,338 1,074 July
1,314
1,464
1,266
1,195
August
September
1,300 1,067 October
Contracts Signed 1,072
1,000 800 600
898
1,031 1,002
757 November
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 1,200
802
987
1,147 883
884
830
September
October
400
733
200 0
July
August
Closed Sales
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 1,200
1,113
1,000 800 600
879
1,072 1,026
November
930
1,067
871
927
September
October
1,000 785
400 200 0
July
August
Average Days-on-Market
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 25
20
November
24
21
25
20
18
15
18
18
19
19
20
July
August
September
October
November
10 5 0
Back to Table of Contents
San Mateo County What's in the San Mateo County data?
The market for Single Family Homes, Condo, and Townhomes units saw 394 closed sales at a median price of $1.6m. There was a total of 322 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $1075.
Overview November 2024
New Listings
Closed Sales
Average Days-on-Market
322
394
33
+11% Year-over-Year
+10.7% Year-over-Year
+13.8% Year-over-Year
Average Price Per SqFt
Median Sale Price
Total Volume
$1,075
$1.6M
$856M
+2.5% Year-over-Year
-6.8% Year-over-Year
+18.3% Year-over-Year
Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent quarter’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.
SFH Single Family Homes
242
297
New Listings
Closed Sales
24
$1,181
Average Days-on-Market
Average Price Per SqFt
$2M
$760M
Median Sale Price
Total Volume
Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent quarter’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 Condo & Townhomes
80
97
New Listings
Closed Sales
61
$750
Average Days-on Market
Average Price Per SqFt
$880K
$95M
Median Sale Price
Total Volume
Luxury Listings for Sale
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 250 200
191
187
191
184
150
206
220 183
187
186 158
100 50 0
July
August
September
October
November
Luxury Contracts Signed
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 80
60
63
64
62
59
79
77
65 57
42
40
20
17 0
July
August
September
October
November
N ov 20 De 23 c 20 Ja 23 n 20 Fe 24 b 20 2 M ar 4 20 Ap 24 r2 M 024 ay 20 Ju 24 n 20 24 Ju l2 0 Au 24 g 20 Se 24 p 20 2 O ct 4 20 2 N ov 4 20 24
$500,000
$0
$1,655,000
October
$1,622,500
$1,565,000
September
$1,605,800
$1,550,000 $1,605,800
$1,532,500 $1,565,000
$1,650,000 $1,622,500
$1,550,000 $0,000,000 $1,655,000
P R E VIOUS YEAR
$1,710,000
$1,750,000
August
$1,850,000
$1,633,000
$1,633,000
July
$1,550,000
$1,500,000
$1,710,000
2023
$1,400,000
$0 $1,559,000
$500,000
$1,550,000
Median Sales Price
BY MONTH, YEAR-OVER-YEAR C U R RENT YEAR
$2,000,000
$1,500,000
$1,000,000
2024 2023 2024 2023 2024 2023 2024 2023
November
2024
BY MONTH
$2,000,000
$1,500,000
$1,000,000
New Listings
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 700 600 500 400 300 200 100 0
565
541
554
472
651 628
557 469
290 July
August
September
October
Contracts Signed 428
400 300
373
457 438
November
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 500
322
435
487 355
392
382
September
October
200
326
100 0
July
August
Closed Sales
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 500 400 300
418 370
November
435
441
466
418
398
392
August
September
October
394 356
200 100 0
July
Average Days-on-Market
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 35 30 25 20 15 10 5 0
23 23
July
November
31
28
29
27
26
26
August
September
October
33 29
November
Back to Table of Contents
San Francisco County What's in the San Francisco County data?
The market for Single Family Homes, Condo, and Townhomes units saw 384 closed sales at a median price of $1.3m. There was a total of 257 new listings with an average of 47 days on the market without price reduction and with an average price per square foot of $987.
Overview November 2024
New Listings
Closed Sales
Average Days-on-Market
257
384
47
+14.7% Year-over-Year
+15.7% Year-over-Year
+17.5% Year-over-Year
Average Price Per SqFt
Median Sale Price
Total Volume
$987
$1.3M
$661M
+1.8% Year-over-Year
0% Year-over-Year
+15.5% Year-over-Year
Data includes all single family, townhome, and condominium sales in San Francisco County sourced from MLS Listings. The most recent quarter’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.
SFH Single Family Homes
128
204
New Listings
Closed Sales
31
$1,000
Average Days-on-Market
Average Price Per SqFt
$1.5M
$426M
Median Sale Price
Total Volume
Data includes all single family, townhome, and condominium sales in San Francisco County sourced from MLS Listings. The most recent quarter’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 Condo & Townhomes
129
180
New Listings
Closed Sales
64
$974
Average Days-on Market
Average Price Per SqFt
$1M $233M Median Sale Price
Total Volume
Luxury Listings for Sale
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 200
178
150
114 100
152
117
170 139 134 115
106 84
50
0
July
August
September
October
November
Luxury Contracts Signed
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 70
62
60 50 40 30
26
20 10 0
17 July
26
32
45 27
30 20 14 August
September
October
November
N ov 20 De 23 c 20 Ja 23 n 20 Fe 24 b 20 2 M ar 4 20 Ap 24 r2 M 024 ay 20 Ju 24 n 20 24 Ju l2 0 Au 24 g 20 Se 24 p 20 2 O ct 4 20 2 N ov 4 20 24
$500,000
$0
$1,350,000
October
$1,530,000
$1,401,800
September
$1,250,000
$1,360,000 $1,250,000
$1,400,000 $1,401,800
$1,400,000 $1,530,000
$1,350,000 $1,350,000
P R E VIOUS YEAR
$1,409,315
$1,453,813
August
$1,402,000
$1,402,500
$1,415,000
July
$1,397,000
$1,339,015
$1,409,315
2023
$1,227,500
$0 $1,320,000
$500,000
$1,350,000
Median Sales Price
BY MONTH, YEAR-OVER-YEAR C U R RENT YEAR
$2,000,000
$1,500,000
$1,000,000
2024 2023 2024 2023 2024 2023 2024 2023
November
2024
BY MONTH
$2,000,000
$1,500,000
$1,000,000
New Listings
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR
865
1,000 800 600 400 200 0
532
424 408
447
July
August
855
546 506
257
October
November
224 September
Contracts Signed
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 500 400
335
300 200
277
333
353
310
322
August
September
443 382
329 282
100 0
July
October
Closed Sales
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 500 400 300 200
390
333
November
439 294
303
307
289
July
August
September
367
384 332
100 0
October
Average Days-on-Market
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 50 40 30
39
45 44
35
November
41 38
20
47 33 32
40
10 0
July
August
September
October
November
Back to Table of Contents
Alameda County What's in the Alameda County data?
The market for Single Family Homes, Condo, and Townhomes units saw 783 closed sales at a median price of $1.1m. There was a total of 653 new listings with an average of 28 days on the market without price reduction and with an average price per square foot of $735.
Overview November 2024
New Listings
Closed Sales
Average Days-on-Market
653
783
28
-11.5% Year-over-Year
+9.2% Year-over-Year
+27.3% Year-over-Year
Average Price Per SqFt
Median Sale Price
Total Volume
$735
$1.1M
$1B
0% Year-over-Year
+4.6% Year-over-Year
+15.5% Year-over-Year
Data includes all single family, townhome, and condominium sales in Alameda County sourced from MLS Listings. The most recent quarter’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.
SFH Single Family Homes
460
620
New Listings
Closed Sales
26
$770
Average Days-on-Market
Average Price Per SqFt
$1.2M
$872M
Median Sale Price
Total Volume
Data includes all single family, townhome, and condominium sales in Alameda County sourced from MLS Listings. The most recent quarter’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 Condo & Townhomes
193
163
New Listings
Closed Sales
37
$604
Average Days-on Market
Average Price Per SqFt
$765K $130M Median Sale Price
Total Volume
Luxury Listings for Sale
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 50 40 30
37
43
39
36
37
July
August
40
44 39
37 34
20 10 0
September
October
November
Luxury Contracts Signed
Current Year
BY MONTH, YEAR-OVER-YEAR
Previous Year
(+$3,000,000 & Above) 25 20 15
19
24 18 15
12
15
10
17
13
5 0
10
6 July
August
September
October
November
N ov 20 De 23 c 20 Ja 23 n 20 Fe 24 b 20 2 M ar 4 20 Ap 24 r2 M 024 ay 20 Ju 24 n 20 24 Ju l2 0 Au 24 g 20 Se 24 p 20 2 O ct 4 20 2 N ov 4 20 24
$600,000
$400,000
$200,000
$0
$1,150,000
October
$1,100,000
$1,100,000
September
$1,072,500
$1,075,000 $1,072,500
$1,100,000 $1,100,000
$1,090,000 $1,100,000
$1,100,000 $1,150,000
P R E VIOUS YEAR
$1,150,000
$1,220,561
August
$1,225,000
$1,225,000
$1,195,000
July
$1,100,000
$1,150,000
2023
$950,000
$0
$1,010,000
$200,000
$1,100,000
$400,000
$1,100,000
Median Sales Price
BY MONTH, YEAR-OVER-YEAR C U R RENT YEAR
$1,200,000
$1,000,000
$800,000
$600,000
2024 2023 2024 2023 2024 2023 2024 2023
November
2024
BY MONTH
$1,400,000
$1,200,000
$1,000,000
$800,000
New Listings
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 2,000 1,500 1,000
1,325
1,314
1,144
1,247
1,507 1,276
500 0
1,240 1,053
653 July
August
September
October
Contracts Signed
800 600
927 803
946 914
November
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 1,000
738
888
993
799
807
September
October
400
719 673
200 0
July
August
Closed Sales
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 1,200 1,000 800 600
990 836
927 922
November
848
1,010 783
829
833
September
October
400
717
200 0
July
August
Average Days-on-Market
C U R RENT YEAR P R E VIOUS YEAR
BY MONTH, YEAR-OVER-YEAR 30 25
21
20 15 10
18
November
25
26
25
21
20
19
August
September
October
28 22
5 0
July
November
Back to Table of Contents
Dedicated to Success 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.
KW Bay Area Estates 16780 Lark Ave Ste A, Los Gatos, CA 95032 Phone: 408.560.9000
12820 Saratoga-Sunnyvale Rd, Saratoga, CA 95070 Phone: 408.418.3911
Joe Han General Manager | CGO | SVP DRE #01400808 JoeHan@kw.com 408.829.0779
