KW Bay Area Estates
LosGatos/MonteSereno
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BestLong-TermInvestment
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision.
According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:
Los Gatos/Monte Ser
What's in the Los Gatos/Monte
data?
The market for Single Family Homes, Condo, and Townhomes units saw 46 closed sales at a median price of $3.2m. There was a total of 62 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,334.
Sereno
23
Total Volume +4.5% Year-over-Year
$156.6M
+35 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
49 New Listings
22 Average Days-on-Market
37 Closed Sales
$1,443
Average Price Per SqFt $3.4M
Median Sale Price
$144.1M
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
26 Average Days-on Market
$1.6M Median Sale Price
9 Closed Sales
$890 Average Price Per SqFt
$12.5M Total Volume
Luxury Listings for Sale
Cambrian (San Jose)
What's in the Cambrian (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 43 closed sales at a median price of $1.7m. There was a total of 64 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $1,166.
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
12
Total Volume +20% Year-over-Year -34 8% Year-over-Year
$80.5M
4 Closed Sales
$876 Average Price Per SqFt
4.8M
Total Volume
Saratoga
What's
in the Saratoga data?
The market for Single Family Homes, Condo, and Townhomes units saw 31 closed sales at a median price of $3.9m. There was a total of 39 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $1,428.
27 $124.8M
Volume +68.7% Year-over-Year +44 6% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
35 New Listings
24 Average Days-on-Market
$4M
Median Sale Price
27 Closed Sales
$1,493
Average Price Per SqFt
$119M
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
4 New Listings
44 Average Days-on Market
$1.4M Median Sale Price
4 Closed Sales
$989 Average Price Per SqFt
$5.8M 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 1,156 closed sales at a median price of $1.6m. There was a total of 1,624 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,093.
16
$2.3B
Total Volume -5.8% Year-over-Year +11% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
Single Fa
1,115
New Listings
15 Average Days-on-Mark $1.9
Median Sale P
Data includes all single sourced from MLS Listings. numbers but may change but may contain errors and are subject to revision.
9 s
342 Closed Sales
8 e t $827 Average Price Per SqFt
M e
$384M 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 29 closed sales at a median price of $2.1m. There was a total of 36 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $1,002.
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
12
Total Volume -29.4% Year-over-Year -33 4% Year-over-Year
$59.4M
Family Homes 33 New Listings
22 Closed Sales
11
Average Days-on-Market
$1,038
Average Price Per SqFt $2.2M
Median Sale Price
$49.6M
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.
Sales
$889 Average Price Per SqFt 7
$9.7M
Total Volume
Luxury Listings for Sale
Blossom Valley (San
What's in the Blossom Valley (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 81 closed sales at a median price of $1.4m. There was a total of 102 new listings with an average of 12 days on the market without price reduction and with an average price per square foot of $909.
Average Days-on-Market
12
r
+9% Year-over-Year
Total Volume
$109.8M
+32 6% Year-over-Year
sourced from MLS Listings The most recent month’s m sources deemed reliable but may contain errors and
13 Average Days-on Market
$785K Median Sale Price
23 Closed Sales $17.7M Total Volume
$711 Average Price Per SqFt
Luxury Listings for Sale
(+$3,000,000
(+$3,000,000 & Above)
Campbell
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 44 closed sales at a median price of $1.8m. There was a total of 51 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,162.
16 $80.5M Total Volume -5.8% Year-over-Year +90 7% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
18 Average Days-on-Market $1,323 Average Price Per SqFt $2M Median Sale Price 29 Closed Sales
$62.9M Total Volume
Data
11 Average Days-on Market
$1.2M Median Sale Price
15 Closed Sales
$848 Average Price Per SqFt
$17.6M Total Volume
Cupertino
What's
in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 34 closed sales at a median price of $2.5m. There was a total of 46 new listings with an average of 14 days on the market without price reduction and with an average price per square foot of $1,597.
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
14
$89.3M Total Volume +27.2% Year-over-Year
+21 8% Year-over-Year
17 Average ays-on Market
1.5M ian Sale Price
$1,118 Average Price Per SqFt
9 Closed Sales $13.7M 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 31 closed sales at a median price of $4.3m. 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 $1,822.
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
r
17
Total Volume +21.4% Year-over-Year +11% Year-over-Year
$127.7M
Condo & Townhomes
8 New Listings
49 Average Days-on Market
1.8M edian Sale Price
7 Closed Sales
$1,439 Average Price Per SqFt
$14M 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 25 closed sales at a median price of $1.3m. There was a total of 41 new listings with an average of 13 days on the market without price reduction and with an average price per square foot of $813.
13
$33.4M Total Volume -31.5%Year-over-Year -5 7% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
SqFt $1.4M Median Sale Price 18
$25.8M Total Volume
Data
17 Average Days-on Market
$1.1M Median Sale Price
7 Closed Sales
$663 Average Price Per SqFt
$7.6M 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 67 closed sales at a median price of $1.6m. There was a total of 90 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,119.
Average Days-on-Market
16
r
+23% Year-over-Year
Total Volume
$107.8M
+21 1% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
15 Average Days-on-Market $1,321 Average Price Per SqFt $1.8M
$72.7M
Total Volume
Median Sale Price 37 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.
17 Average Days-on Market
$1.2M Median Sale Price
30 Closed Sales $35.1M Total Volume
$870 Average Price Per SqFt
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 51 closed sales at a median price of $1.1m. There was a total of 69 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $746.
r
16
Total Volume -23.8% Year-over-Year
$53.9M Average Days-on-Market
+45 5% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
17 Average Days-on Market
$852K Median Sale Price
25 Closed Sales $21.2M Total Volume
$671 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 81 closed sales at a median price of $1.8m. There was a total of 123 new listings with an average of 10 days on the market without price reduction and with an average price per square foot of $1,298.
Average Days-on-Market
10
Total Volume -9% Year-over-Year
$171.1M
+1 2% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
72 New Listings
10 Average Days-on-Market
$2.6M
Median Sale Price
48 Closed Sales
$1,513
Average Price Per SqFt
$122.7M
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.
10 Average Days-on Market
$1.5M Median Sale Price
33 Closed Sales
$985 Average Price Per SqFt
$48.3M Total Volume
Luxury Listings for Sale
Willow Glen (San Jos
What's in the Willow Glen (San Jose) data?
The market for Single Family Homes, Condo, and Townhomes units saw 63 closed sales at a median price of $2m. There was a total of 88 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1081.
Average Days-on-Market
15
r
Total Volume -16.6% Year-over-Year
$133.8M
+35 4% Year-over-Year
ed from MLS Listings The most recent month’s data is s deemed reliable but may contain errors and are
Listings
16 Average Days-on-Market $1,133
Average Price Per SqFt $2.1M
$123.6M
Total Volume
Median Sale Price 54 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
19 New Listings
11 Average Days-on Market
$1.1M Median Sale Price
9 Closed Sales
$768 Average Price Per SqFt
$10.1M Total Volume
Dedicated to Su
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.
