March 2025 Market Report Palo Alto Area

Page 1


Palo Alto area

Palo Alto Los Altos

Jump to Palo Alto Report

Redwood City

Jump to Redwood City Report

Portola Valley

Jump to Portola Valley Report

Menlo Park

Jump to Menlo Park Report

Atherton

Jump to Atherton Report

Jump to Los Altos Report

San Jose

Jump to San Jose Report

Mountain View

Jump to Mountain View Report

San Mateo County

Jump to San Mateo County Report

Santa Clara County

Jump to Santa Clara County Report

Monterey County

Jump to Monterey County Report

Santa Cruz County

Jump to Santa Cruz County Report

East Palo Alto

Jump to East Palo Alto Report

Sunnyvale

Jump to Sunnyvale Report

Santa Clara City

Jump to Santa Clara City Report

Saratoga

Jump to Saratoga Report

What’syourhome reallyworthin today’smarket?

That's 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. 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?

Icanhelp...

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

MoreBuyersAreMakingMoves IsItTimeToSell?

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize.

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ANENBERG-ESSERT FAMILYADUIN CAMPBELL ProjectSpotlight:

Enhancing Property Value and Family Living Space with an Acton ADU

The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.

GoalsandVision

The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence

Design and Construction Details

Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:

Vaulted Ceilings

Creates a spacious, open atmosphere

Senior-Friendly Living

Safe, independent space for elderly family members

Fully Equipped Kitchen

Modern amenities for everyday convenience

Open Living Area

Multipurpose area for relaxation and entertainment

Results and Impact

The completion of the Anenberg-Essert ADU led to several valuable outcomes:

Increased Property Value

The ADU addition significantly boosted property value

Flexible Living Space

A versatile space for family, guests, or as a rental

Modern Comforts

High-end finishes and amenities enhance both function and style.

Enhanced Family Living

The ADU enriches the AnenbergEssert family’s home with both privacy and connection

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

PaloAlto

What's in the Palo Alto data?

There were 47 single-family homes for sale, providing 1.7 months of inventory. There were 46 new listings, and 21 homes sold at a median price of $3.8m. The median overbid percentage was at 104%, with an average of 13 days on the market.

There were 14 condo and townhome units for sale, providing 7 months of inventory. There were 11 new listings and 5 units sold at a median sale price of $1.2m. The median overbid percentage was at 104%, with an average of 10 days on the market.

Single-Family Homes

46 New Listings

21 Sold Listings

1.7 Months of Inventory

$3.8M Median Sale Price

104%

Median Sale vs List

13 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

New Listings

5

Sold Listings

7

Months of Inventory

$1.2M

Median Sale Price 104%

Median Sale vs List

10 Avg Days on Market

PaloAlto

FEBRUARY 2024 - FEBRUARY 2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 1m last February 2024, to $3 8m as of February 2025

Condos & Townhomes

The median sale price has increased from $1 25m last February 2024, to $1 28m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last February 2024, to 13 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 19 days in February 2024, to 10 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last February 2024, to 104% a year later

Condos & Townhomes

The overbid percentage has increased from 103% last February 2024, to 104% a year later.

Redwood City

What's in the Redwood City data?

There were 30 single-family homes for sale, providing 1.3 months of inventory. There were 34 new listings, and 22 homes sold at a median price of $2.3m. The median overbid percentage was at 105%, with an average of 25 days on the market

There were 13 condo and townhome units for sale, providing 1.6 months of inventory. There were 12 new listings and 10 units sold at a median sale price of $1.2m. The median overbid percentage was at 103%, with an average of 64 days on the market.

Single-Family Homes

34 New Listings

22 Sold Listings

1.3 Months of Inventory

$2.3M Median Sale Price

105% Median Sale vs List

25 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

12

New Listings

10

Sold Listings

1.6

Months of Inventory

103%

Median Sale vs List

$1.2M

Median Sale Price

64

Avg Days on Market

RedwoodCity

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last February 2024, to $2 3m as of February 2025

Condos & Townhomes

The median sale price has increased from $900k last February 2024, to $1 2m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 15 days last February 2024, to 25 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 48 days in February 2024, to 64 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 102% last February 2024, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last February 2024, to 103% a year later.

Portola Valley

What's in the Portola Valley data?

There were 12 single-family homes for sale, providing 12 months of inventory. There were 5 new listings, and 2 homes sold at a median price of $7.3m. The median overbid percentage was at 89%, with an average of 73 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

5 New Listings

2 Sold Listings

12 Months of Inventory

$7.3M

Median Sale Price

89%

Median Sale vs List

73 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

No data for this month.

No data for this month.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 8m last February 2024, to $7 3m as of February 2025

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last February 2024, to 73 days as of February 2025

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has decreased from 98% last February 2024, to 89% a year later

Condos & Townhomes

No data for this month

MenloPark

What's in the Menlo Park data?

There were 18 single-family homes for sale, providing 1.1 months of inventory. There were 25 new listings, and 11 homes sold at a median pric of $3.7m. The median overbid percentage was at 105%, with an average of 10 days on the market.

There were 6 condo and townhome units for sale providing 1.2 months of inventory. There were 5 new listings and 4 units sold at a median sale price of $1.3m. The median overbid percentage was at 105%, with an average of 35 days on the market.

25 New Listings

11 Sold Listings

1.1 Months of Inventory

$3.7M Median Sale Price

105%

Median Sale vs List

10 Avg Days on Market

5

New Listings

4

Sold Listings

1.2

Months of Inventory

$1.3M Median Sale Price 105%

Median Sale vs List 35 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 8m last February 2024, to $3 7m as of February 2025

Condos & Townhomes

The median sale price has decreased from $1 6m last February 2024, to $1 3m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last February 2024, to 10 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 44 days in February 2024, to 35 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last February 2024, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 95% last February 2024, to 105% a year later.

Atherton

What's in the Atherton data?

There were 9 single-family homes for sale, providing 1.8 months of inventory. There were 10 new listings, and 3 homes sold at a median price of $12m. The median overbid percentage was at 103%, with an average of 8 days on the market.

There was no data for condo and townhouse units for this month.

Single-Family Homes

10 New Listings

3 Sold Listings

1.8 Months of Inventory

$12M

Median Sale Price

103%

Median Sale vs List

8 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data for this month.

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $5 6m last February 2024, to $12m as of February 2025

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last February 2024, to 8 days as of February 2025

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 94% last February 2024, to 103% a year later

Condos & Townhomes

No data for this month

Lo

What's

There we providing new listin of $5.9m 114%, wit

There we sale, prov were 10 n sale price percentag days on t

33 New Listings

8 Sold Listings

2.7 Months of Inventory

$5.9M Median Sale Price

114% Median Sale vs List

5 Avg Days on Market

single-family homes, February 2025. was gathered. All Advisors Palo

Condo & Townhomes

New Listings

8

Sold Listings

3.4

Months of Inventory

$2.2M

Median Sale Price 97%

Median Sale vs List

68

Avg Days on Market

LosAltos

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4 2m last February 2024, to $5 9m as of February 2025

Condos & Townhomes

The median sale price has decreased from $2 3m last February 2024, to $2 2m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 13 days last February 2024, to 5 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 1 day in February 2024, to 68 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 106% last February 2024, to 114% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last February 2024, to 97% a year later.

SanJo

What's in the

There were 258 single providing 0.9 months new listings, and 207 price of $1.7m. The m was at 107% with an a market.

There were 228 condo sale, providing 1 6 mo were 214 new listings median sale price of $ percentage was at 10 days on the market.

399 New Listings

207 Sold Listings

0.9 Months of Inventory

$1.7M Median Sale Price

107%

Median Sale vs List

13 Avg Days on Market

Graphix, includes all single-family homes, from February 2024 to February 2025. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Tow 214

New Listings

1.6

Months of Inventory

Sold Listings

Median Sale Price 103%

Median Sale vs List 24 Avg Days on Market 102

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last February 2024, to $1 7m as of February 2025

Condos & Townhomes

The median sale price has increased from $800k last February 2024, to $910k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 15 days last February 2024, to 13 days as of February 2025

Condos & Townhomes

The average time spent on the market remained the same from 24 days in February 2024, to 24 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 107% last February 2024, to 107% a year later

Condos & Townhomes

The overbid percentage has remained the same from 103% last February 2024, to 103% a year later.

Moun View

What's in the data?

There were 15 singleproviding 0.8 months new listings, and 11 h of $2.7m. The median 112% with an average

There were 34 condo sale, providing 1.8 mo were 35 new listings a sale price of $1.4m. T percentage was at 10 days on the market.

30 New Listings

s

11 Sold Listings

0.8 Months of Inventory

$2.7M Median Sale Price

112% Median Sale vs List

7 Avg Days on Market

Graphix, includes all single-family homes, from February 2024 to February 2025. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

35

New Listings

11

Sold Listings

1.8

Months of Inventory

$1.4M

Median Sale Price

104%

Median Sale vs List

10 Avg Days on Market

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 5m last February 2024, to $2 7m as of February 2025

Condos & Townhomes

The median sale price has increased from $1 3m last February 2024, to $1 4m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last February 2024, to 7 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 19 days in February 2024, to 10 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 111% last February 2024, to 112% a year later

Condos & Townhomes

The overbid percentage has remained the same from 104% last February 2024, to 104% a year later.

SanM Coun

What's in the data?

There were 355 single providing 1.2 months new listings, and 197 price of $2m. The med at 104 3%, with an ave market.

There were 239 condo sale, providing 2.5 mo were 172 new listings median sale price of $ percentage was at 10 days on the market

373 New Listings

197 Sold Listings

1.2 Months of Inventory

$2M Median Sale Price

104.3%

Median Sale vs List

22 Avg Days on Market

Graphix, includes all single-family homes, from February 2024 to February 2025. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

172

New Listings

61

Sold Listings

2.5

Months of Inventory

$980K

Median Sale Price

100.1%

Median Sale vs List

39 Avg Days on Market

SanMateo

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last February 2024, to $2m as of February 2025

Condos & Townhomes

The median sale price has increased from $910k last February 2024, to $980k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last February 2024, to 22 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 37 days in February 2024, to 39 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 3% last February 2024, to 104 3% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last February 2024, to 100.1% a year later.

SantaClara County

What's in the Santa Clara County data?

There were 686 single-family homes for sale, providing 1 month of inventory. There were 915 new listings, and 444 homes sold at a median price of $1.9m. The median overbid percentage was at 107 1%, with an average of 16 days on the market.

There were 528 condo and townhome units for sale, providing 1.7 months of inventory. There were 520 new listings and 239 units sold at a median sale price of $1.1m. The median overbid percentage was at 102.1%, with an average of 23 days on the market

Single-Family Homes

915

New Listings

444 Sold Listings

1 Month of Inventory

$1.9M

Median Sale Price

107.1%

Median Sale vs List

16 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

520

New Listings

239

Sold Listings

1.7

Months of Inventory

102.1%

Median Sale vs List

$1.1M

Median Sale Price

23

Avg Days on Market

SantaClaraCounty

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last February 2024, to $1 9m as of February 2025

Condos & Townhomes

The median sale price has increased from $920k last February 2024, to $1 1m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 21 days last February 2024, to 16 days as of February 2025

Condos & Townhomes

The average time spent on the market remained the same from 23 days in February 2024, to 23 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 9% last February 2024, to 107 1% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last February 2024, to 102.1% a year later.

Monterey County

What's in the Monterey County data?

There were 326 single-family homes for sale, providing 2.2 months of inventory. There were 161 new listings, and 94 homes sold at a median price of $888k. The median overbid percentage was at 96%, with an average of 42 days on the market

There were 57 condo and townhome units for sale, providing 3.2 months of inventory. There were 30 new listings and 22 units sold at a median sale price of $890k. The median overbid percentage was at 94%, with an average of 77 days on the market.

Single-Family Homes

161 New Listings

94 Sold Listings

2.2 Months of Inventory

$888K

Median Sale Price

96%

Median Sale vs List

42 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

30

New Listings

22 Sold Listings

3.2

Months of Inventory

$890K

Median Sale Price 94%

Median Sale vs List 77 Avg Days on Market

MontereyCounty

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $860k last February 2024, to $888k as of February 2025

Condos & Townhomes

The median sale price has decreased from $1m last February 2024, to $890k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 41 days last February 2024, to 42 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 46 days in February 2024, to 77 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97% last February 2024, to 96% a year later

Condos & Townhomes

The overbid percentage has decreased from 96% last February 2024, to 94% a year later.

SantaCruz County

What's in the Santa Cruz County data?

There were 229 single-family homes for sale, providing 3.1 months of inventory. There were 118 new listings, and 53 homes sold at a median price of $1.2m. The median overbid percentage was at 94%, with an average of 45 days on the market.

There were 76 condo and townhome units for sale, providing 1.9 months of inventory. There were 47 new listings and 28 units sold at a median sale price of $859k. The median overbid percentage was at 98%, with an average of 41 days on the market.

Single-Family Homes

118 New Listings

53 Sold Listings

3.1 Months of Inventory

$1.2M Median Sale Price

94%

Median Sale vs List

45 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

47

New Listings

28 Sold Listings

1.9

Months of Inventory

$859K

Median Sale Price 98%

Median Sale vs List

41 Avg Days on Market

SantaCruzCounty

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last February 2024, to $1 25m as of February 2025

Condos & Townhomes

The median sale price has increased from $656k last February 2024, to $859k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 53 days last February 2024, to 45 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 56 days in February 2024, to 41 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96% last February 2024, to 94% a year later

Condos & Townhomes

The overbid percentage has increased from 96% last February 2024, to 98% a year later.

gle-Family Homes

7 New Listings

5 Sold Listings

1.3 Months of Inventory

$1M

Median Sale Price

90%

Median Sale vs List

49 Avg Days on Market

data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, and townhomes in the California Area above from February 2024 to February 2025. ay include preliminary data, and may vary from the time the data was gathered. All deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

3 New Listings

Listing

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 05m last February 2024, to $1 06m as of February 2025

Condos & Townhomes

The median sale price has increased from $0 last February 2024, to $779k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 9 days last February 2024, to 49 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 0 days in February 2024, to 9 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last February 2024, to 90% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last February 2024, to 100% a year later.

Sunn

What's in the

There were 24 single providing 0.6 months new listings, and 20 h of $2.3m. The media 118% with an averag

There were 39 condo sale, providing 1 mon 59 new listings and 2 price of $1.5m. The m was at 106%, with an market.

52 New Listings

20 Sold Listings

0.6 Months of Inventory

$2.3M Median Sale Price

118% Median Sale vs List

10 Avg Days on Market

Graphix, includes all single-family homes, from February 2024 to February 2025. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

New Listings

23 Sold Listings

1

Month of Inventory

$1.5M

Median Sale Price 106%

Median Sale vs List

16 Avg Days on Market

Sunnyvale

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last February 2024, to $2 3m as of February 2025

Condos & Townhomes

The median sale price has increased from $1 3m last February 2024, to $1 5m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last February 2024, to 10 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 17 days in February 2024, to 16 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 109% last February 2024, to 118% a year later

Condos & Townhomes

The overbid percentage has decreased from 107% last February 2024, to 106% a year later.

Santa City

What's in the data?

There were 22 single providing 0.7 month new listings, and 21 of $2.1m. The media 115%, with an avera

There were 43 cond sale, providing 1.4 m were 48 new listings sale price of $1.2m. percentage was at 1 days on the market.

50 New Listings

21 Sold Listings

0.7 Months of Inventory

$2.1M Median Sale Price

115% Median Sale vs List

6 Avg Days on Market

Graphix, includes all single-family homes, ove from February 2024 to February 2025. from the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

48

New Listings

23

Sold Listings

1.4

Months of Inventory

$1.2M

Median Sale Price 108%

Median Sale vs List 16 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last February 2024, to $2 1m as of February 2025

Condos & Townhomes

The median sale price has increased from $810k last February 2024, to $1 2m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last February 2024, to 6 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 20 days in February 2024, to 16 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 111% last February 2024, to 115% a year later

Condos & Townhomes

The overbid percentage has decreased from 112% last February 2024, to 108% a year later.

Saratoga

What's in the Saratoga data?

There were 21 single-family homes for sale, providing 1.4 months of inventory. There we new listings, and 9 homes sold at a median p of $4.1m. The median overbid percentage w 105%, with an average of 22 days on the ma

There were 15 condo and townhome units fo sale, providing 2.5 months of inventory. Ther were 19 new listings and 4 units sold at a me sale price of $1.7m. The median overbid percentage was at 100%, with an average of days on the market.

e-Family Homes

27 New Listings

9 Sold Listings

1.4 Months of Inventory

$4.1M Median Sale Price

105% Median Sale vs List

22 Avg Days on Market

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from February 2024 to February 2025. include preliminary data, and may vary from the time the data was gathered. All ed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

19

New Listings

4

Sold Listings

2.5

Months of Inventory

$1.7M

Median Sale Price 100%

Median Sale vs List 27 Avg Days on Market

FEBRUARY 2024 - FEBRUARY 2025

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4m last February 2024, to $4 1m as of February 2025

Condos & Townhomes

The median sale price has decreased from $2m last February 2024, to $1 7m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 69 days last February 2024, to 22 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 8 days in February 2024, to 27 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last February 2024, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 105% last February 2024, to 100% a year later.

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