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
What's in the Los
The market for Single Family Homes, Condo, and Townhomes units saw 37 closed sales at a median price of $2.7m. There was a total of 71 new listings with an average of 45 days on the market without price reduction and with an average price per square foot of $1366.
September 2024
+36.5% Year-over-Year
Average Price Per SqFt
$1,366
+10 2% Year-over-Year 37
$2.7M Median Sale Price +8.8% Year-over-Year +7 8% Year-over-Year
45 $106.6M Total Volume +164.7% Year-over-Year
+15 1% 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 Closed Sales Average Days-on-Market
$93.1M Total Volume
18 New Listings
15 Average Days-on Market
$1.6M Median Sale Price
9 Closed Sales
$963 Average Price Per SqFt
$13.4M Total Volume
Luxury Listings for Sale
BY MONTH, YEAR-OVER-YEAR
Cambrian (San Jose)
What's in the Cambrian (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 40 closed sales at a median price of $1.6m. There was a total of 55 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,158.
16
Days-on-Market
$69.4M Total Volume +33.3% Year-over-Year -10 6% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
49 New Listings
37 Closed Sales
15 Average Days-on-Market $1,185
Average Price Per SqFt $1.6M
Median Sale Price
$66.8M
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.
6 New Listings
29 Average Days-on Market
$995K Median Sale Price
3 Closed Sales
$822 Average Price Per SqFt
$2.6M Total Volume
Saratoga
What's
in the Saratoga data?
The market for Single Family Homes, Condo, and Townhomes units saw 24 closed sales at a median price of $3.8m. There was a total of 35 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $1,550.
35
2024
24
+29.6% Year-over-Year +2 7%% Year-over-Year
$1,550 Average Price Per SqFt
$3.8M Median Sale Price +26.3% Year-over-Year -3 1% Year-over-Year
18 $99M Total Volume +12.5% Year-over-Year +20 4% Year-over-Year
17 Average Days-on-Market $1,645 Average Price Per SqFt $4.2M Median Sale Price 20 Closed Sales
$91.3M
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 New Listings
4 Closed Sales
24 Average Days-on Market
$1.8M Median Sale Price
$1,075 Average Price Per SqFt
$7.7M Total Volume
Luxury Listings for Sale
Santa Clara County
What's in the Santa Clara County data?
The market for Single Family Homes, Condo, and Townhomes units saw 915 closed sales at a median price of $1.5m. There was a total of 1,581 new listings with an average of 24 days on the market without price reduction and with an average price per square foot of $1,068.
September 2024
1,581
+32.3% Year-over-Year
Average Price Per SqFt
$1,068
+4 4% Year-over-Year
915
$1.5M Median Sale Price +5.1% Year-over-Year +1 9% Year-over-Year
24 $1.7B Total Volume +26.3% Year-over-Year +9% Year-over-Year
Single Family Homes
1,076
New Listings
21 Average Days-on-Market
635
Closed Sales
$1,183
Average Price Per SqFt $1.9M
Median Sale Price
$1.4B
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.
28 Average Days-on Market
$1M Median Sale Price
280 Closed Sales
$809 Average Price Per SqFt
$307.1M Total Volume
Luxury Listings for Sale
Almaden Valley (San
What's in the Almaden Valley (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 30 closed sales at a median price of $2.2m. There was a total of 39 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,016.
23 $71.2M
Volume +64.3% Year-over-Year +55 4% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
Condo & Townhomes
4 New Listings
6 Average Days-on Market
$1.4M Median Sale Price
2 Closed Sales
$986 Average Price Per SqFt
$2.9M Total Volume
Blossom Valley (San
What's in the Blossom Valley (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 59 closed sales at a median price of $1.3m. There was a total of 90 new listings with an average of 20 days on the market without price reduction and with an average price per square foot of $847.
r
20
+150% Year-over-Year
Total Volume
$74.5M Average Days-on-Market
+32 3% Year-over-Year
sourced from MLS Listings The most recent month’s m sources deemed reliable but may contain errors and
31 Average Days-on Market
$689K Median Sale Price
16 Closed Sales $11.3M Total Volume
$660 Average Price Per SqFt
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
Campbell
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 28 closed sales at a median price of $1.7m. There was a total of 44 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,077.
r
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
16
$50.9M Total Volume -23.8% Year-over-Year +24 4% Year-over-Year
Listings
10 Average Days-on-Market
18 Closed Sales
$1,228
Average Price Per SqFt $2.1M
Median Sale Price
$40.8M
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.
18 New Listings
25 Average Days-on Market
$1M Median Sale Price
10 Closed Sales
$804 Average Price Per SqFt
$10M Total Volume
Cupertino
What's
in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 28 closed sales at a median price of $2.4m. There was a total of 37 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,499.
15
$71.9M Total Volume +36.4% Year-over-Year -11 6% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
25 New Listings
17 Average Days-on-Market
$2.7M
Median Sale Price
20 Closed Sales
$1,627
Average Price Per SqFt
$59.7M
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.
11 Average Days-on Market
$1.5M Median Sale Price
8 Closed Sales
$1,180 Average Price Per SqFt
$12.1M Total Volume
Luxury Listings for Sale
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 23 closed sales at a median price of $4.5m. There was a total of 47 new listings with an average of 32 days on the market without price reduction and with an average price per square foot of $1,830.
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
32
Total Volume +10.3% Year-over-Year -1 8% Year-over-Year
$101.3M
33 Average Days-on-Market $1,912 Average Price Per SqFt $4.6M Median Sale Price 17
$85.8M
Total Volume
Data
Listings.
28 Average Days-on Market
$2.3M Median Sale Price
6 Closed Sales
$1,598 Average Price Per SqFt
$15.4M Total Volume
Santa Teresa (San Jo
What's in the Santa Teresa (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 22 closed sales at a median price of $1.3m. There was a total of 48 new listings with an average of 20 days on the market without price reduction and with an average price per square foot of $809.
ar
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
20 $29.4M Total Volume +122.2% Year-over-Year +153 5% Year-over-Year
Sales
SqFt
$20.1M Total Volume
39 Average Days-on Market
$1.2M Median Sale Price
8 Closed Sales
$656 Average Price Per SqFt
$9.3M Total Volume
Luxury Listings for Sale
Santa Clara City
What's in the Santa Clara City data?
The market for Single Family Homes, Condo, and Townhomes units saw 56 closed sales at a median price of $1.7m. There was a total of 95 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,124.
r r
15
+7.1% Year-over-Year
Total Volume
$95.6M Average Days-on-Market
+46 2% 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 $1,302 Average Price Per SqFt $1.9M
$68.1M
Total Volume
Median Sale Price 34 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
42 New Listings
21 Average Days-on Market
$1.3M Median Sale Price
22 Closed Sales
$848 Average Price Per SqFt
$27.5M 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 35 closed sales at a median price of $1m. There was a total of 55 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $743.
r
22
+29.4% Year-over-Year
Total Volume
$36M Average Days-on-Market
+56 8% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
Sales
$17.6M Total Volume
24 Average Days-on Market
$720K Median Sale Price
21 Closed Sales
$659 Average Price Per SqFt
$18.3M Total Volume
Luxury Listings for Sale
Sunnyvale
What's in the Sunnyvale data?
The market for Single Family Homes, Condo, and Townhomes units saw 51 closed sales at a median price of $1.8m. There was a total of 95 new listings with an average of 14 days on the market without price reduction and with an average price per square foot of $1,362.
Average Days-on-Market
14
Total Volume -12.5% Year-over-Year
$107.6M
-15 7% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
Listings
12 Average Days-on-Market
$2.5M
Median Sale Price
32 Closed Sales
$1,622
Average Price Per SqFt
$80.7M
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.
40 New Listings
18 Average Days-on Market
$1.5M Median Sale Price
19 Closed Sales
$925 Average Price Per SqFt
$26.9M Total Volume
Willow Glen (San Jos
What's in the Willow Glen (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 51 closed sales at a median price of $1.8m. There was a total of 82 new listings with an average of 24 days on the market without price reduction and with an average price per square foot of $1,064.
September 2024
82
+39% Year-over-Year
Average Price Per SqFt
$1,064 New Listings
+7 4% Year-over-Year
51
$1.8M Closed Sales Median Sale Price -8.9% Year-over-Year -2 2% Year-over-Year
Average Days-on-Market
24
Total Volume +9.1% Year-over-Year -19 3% Year-over-Year
$94.3M
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
71 New Listings
23 Average Days-on-Market
$2M
Median Sale Price
40 Closed Sales
$1,149
Average Price Per SqFt
$82.8M
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.
27 Average Days-on Market
$1M Median Sale Price
11 Closed Sales
$754 Average Price Per SqFt
$11.5M 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.