KW Bay Area Estates
LosGatos/MonteSereno
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ThisIstheSweetSpotHomebuyers HaveBeenWaitingFor
After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long.
So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer.
As you weigh your options and decide if you should buy now or wait, ask yourself this: What do you think everyone else is going to do?
Los Gatos/Monte Ser
The market for Single Family Homes, Condo, and Townhomes units saw 43 closed sales at a median price of $2.7m. There was a total of 52 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $1,267.
What's in the Los Gatos/Monte Sereno data?
October 2024
New Listings Closed Sales
52
+23.8% Year-over-Year
Average Price Per SqFt
$1,267
+2 3% Year-over-Year
43
$2.7M Median Sale Price 0% Year-over-Year
+16% Year-over-Year
Average Days-on-Market
33
$143.7M Total Volume +65% Year-over-Year
+21 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
Condo & Townhomes
22
New Listings
24 Average Days-on Market
$1.7M Median Sale Price
$1,015 Average Price Per SqFt
12 Closed Sales $19.5M Total Volume
Luxury Listings for Sale
BY MONTH, YEAR-OVER-YEAR
Cambrian (San Jose)
The market for Single Family Homes, Condo, and Townhomes units saw 49 closed sales at a median price of $1.7m. There was a total of 68 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,160.
What's in the Cambrian (San Jose) data?
Year-over-Year +16 9% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
13 Average Days-on-Market $1,194 Average Price Per SqFt $1.7M Median Sale Price 45 Closed Sales
$83.9M
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.
13 New Listings
35 Average Days-on Market
$957K Median Sale Price
4 Closed Sales
$777 Average Price Per SqFt
$3.5M 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 $4.2m. There was a total of 26 new listings with an average of 30 days on the market without price reduction and with an average price per square foot of $1,493.
October 2024
26
-16.1% Year-over-Year
Average Price Per SqFt
$1,493
+16 9% Year-over-Year
23
$4.2M Median Sale Price +35.3% Year-over-Year
+15 8% Year-over-Year
30 $102.4M Total Volume -6.3% Year-over-Year
+57 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
22 Closed Sales
31 Average Days-on-Market $1,518 Average Price Per SqFt $4.3M Median Sale Price
$99.6M
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
2 New Listings
14 Average Days-on Market
$2.8M Median Sale Price
1 Closed Sales
$949 Average Price Per SqFt
$2.8M Total Volume
Luxury Listings for Sale
Santa Clara County
The market for Single Family Homes, Condo, and Townhomes units saw 1,055 closed sales at a median price of $1.6m. There was a total of 1,354 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $1,091.
What's in the Santa Clara County data?
October 2024
1,354
+26.9% Year-over-Year
Average Price Per SqFt
$1,091
+8 9% Year-over-Year
1,055
$1.6M Median Sale Price +13.8% Year-over-Year
+8 4% Year-over-Year
21
Days-on-Market
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
+10.5% Year-over-Year
$2.1B Total Volume
+24 3% Year-over-Year
912
New Listings
19
Average Days-on-Market
$1.9M
Median Sale Price 767
Closed Sales
$1,197
Average Price Per SqFt
$1.7B
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.
442 New Listings
26 Average Days-on Market
$1M Median Sale Price
288 Closed Sales
$809 Average Price Per SqFt
$317.8M Total Volume
Luxury Listings for Sale
Almaden Valley (San
What's
The market for Single Family Homes, Condo, and Townhomes units saw 24 closed sales at a median price of $2.3m. There was a total of 35 new listings with an average of 11 days on the market without price reduction and with an average price per square foot of $1,007.
in the Almaden Valley (San Jose) data?
October 2024
35
+29.6% Year-over-Year
Average Price Per SqFt
$1,007
+17 5% Year-over-Year
24
$2.3M Median Sale Price +9.1% Year-over-Year
+17 8% Year-over-Year
11
$56.5M Total Volume -38.9% Year-over-Year
+26 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
Listings
11 Average Days-on-Market $1,007
Average Price Per SqFt $2.3M
$56.5M
Total Volume
Median Sale Price 24 Closed Sales
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
4 New Listings
0 Closed Sales
0 Average Days-on Market
$0 Median Sale Price
$0 Average Price Per SqFt
$0 Total Volume
Blossom Valley (San
What's
The market for Single Family Homes, Condo, and Townhomes units saw 71 closed sales at a median price of $1.4m. There was a total of 103 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $837.
in the Blossom Valley (San Jose) data?
October 2024
103
+63.5% Year-over-Year
71
Average Price Per SqFt
$837 New Listings
+7 7% Year-over-Year
Median Sale Price
$1.4M Closed Sales
+3 7% Year-over-Year
Average Days-on-Market
21
+24.6% Year-over-Year
+61.5% Year-over-Year
Total Volume
$91.5M
+29 3% 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
40 Average Days-on Market
$587K Median Sale Price
20 Closed Sales
$673 Average Price Per SqFt
$14M Total Volume
Luxury Listings for Sale
BY MONTH, YEAR-OVER-YEAR
(+$3,000,000 & Above)
Current Year
Previous Year
Luxury Contracts Signed
BY MONTH, YEAR-OVER-YEAR
(+$3,000,000 & Above)
Current Year
Previous Year
Nodatatodispla
Nodatatodispla
Campbell
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 35 closed sales at a median price of $2m. There was a total of 30 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $1,187.
19 $70M Total Volume +46.2% Year-over-Year +37 7% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are New Listings Closed Sales Average Days-on-Market
SqFt $2.1M Median Sale Price 25
$58.8M
Total Volume
Data
Condo & Townhomes
15 New Listings
23 Average Days-on Market
$1.1M Median Sale Price
10 Closed Sales
$751 Average Price Per SqFt
$11.2M Total Volume
Cupertino
What's in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 26 closed sales at a median price of $2.8m. 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 $1,523.
October 2024
27
Average Price Per SqFt -10% Year-over-Year
$1,523
+18% Year-over-Year
26
$2.8M Median Sale Price 18.2% Year-over-Year -9 9% Year-over-Year
28
$68.8M Total Volume +55.6% Year-over-Year +12% 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 New Listings
Condo & Townhomes
New Listings
7 Closed Sales
52 Average Days-on Market
$1.1M Median Sale Price
$1,078 Average Price Per SqFt
$8.7M Total Volume
BY MONTH, YEAR-OVER-YEAR
Los Altos
What's in the Los Altos data?
The market for Single Family Homes, Condo, and Townhomes units saw 27 closed sales at a median price of $4.3m. There was a total of 34 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $1,920.
12
Total Volume -50% Year-over-Year
$113.2M
+19% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
12 Average Days-on-Market $2,017 Average Price Per SqFt $4.3M Median Sale Price 24 Closed Sales
$108.6M
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
5 New Listings
3 Closed Sales
14 Average Days-on Market
$1.7M Median Sale Price
$1,143 Average Price Per SqFt
$4.6M Total Volume
Santa Teresa (San Jo
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 31 closed sales at a median price of $1.3m. There was a total of 28 new listings with an average of 14 days on the market without price reduction and with an average price per square foot of $853.
Santa Teresa (San Jose) data?
ar
14
$40M Total Volume -69.6% Year-over-Year +141 5% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
13 Average Days-on Market
$887K Median Sale Price
8 Closed Sales
$668 Average Price Per SqFt
$7M Total Volume
Luxury Listings for Sale
Santa Clara City
What's in the Santa
The market for Single Family Homes, Condo, and Townhomes units saw 62 closed sales at a median price of $1.6m. There was a total of 69 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $1,110.
Clara City data?
Average Days-on-Market
18
r
Total Volume +20% Year-over-Year
$100M
+14% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
40 New Listings
23 Average Days-on Market
$1.1M Median Sale Price
28 Closed Sales
$821 Average Price Per SqFt
$30.8M Total Volume
Luxury Listings for Sale
South San Jose
What's in the South San Jose data?
The market for Single Family Homes, Condo, and Townhomes units saw 33 closed sales at a median price of $980k. There was a total of 47 new listings with an average of 26 days on the market without price reduction and with an average price per square foot of $713.
26
$32.2M Average Days-on-Market
Total Volume +116.7% Year-over-Year -14 9% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
24 Average Days-on Market
$782K Median Sale Price
18 Closed Sales $14.9M Total Volume
$665 Average Price Per SqFt
Luxury Listings for Sale
Sunnyvale
What's in the Sunnyvale data?
The market for Single Family Homes, Condo, and Townhomes units saw 91 closed sales at a median price of $1.9m. There was a total of 78 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,301.
Average Days-on-Market
15
r
+15.4% Year-over-Year
Total Volume
$191.8M
+57 9% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
46 New Listings
10 Average Days-on-Market
$2.6M
Median Sale Price
57 Closed Sales
$1,534
Average Price Per SqFt
$142.4M
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.
24 Average Days-on Market
$1.4M Median Sale Price
34 Closed Sales
$911 Average Price Per SqFt
$49.4M Total Volume
Willow Glen (San Jos
What's in
The market for Single Family Homes, Condo, and Townhomes units saw 54 closed sales at a median price of $2m. There was a total of 67 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,069.
the Willow Glen (San Jose) data?
October 2024
67
-8.2% Year-over-Year
Average Price Per SqFt
$1,069 New Listings
+8 8% Year-over-Year
54
+5.9% Year-over-Year
$2M Closed Sales Median Sale Price
+13 6% Year-over-Year
Average Days-on-Market
23
+64.3% Year-over-Year
Total Volume
$115.3M
+23 4% 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
53 New Listings
20 Average Days-on-Market
$2.1M
Median Sale Price
48 Closed Sales
$1,107
Average Price Per SqFt
$109.4M
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.
42 Average Days-on Market
$937K Median Sale Price
6 Closed Sales
$768 Average Price Per SqFt
$5.8M Total Volume
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.
