Peninsula
Estates
Santa Clara County
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San Mateo County
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.
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:
SantaClara County
What's in the Santa Clara County data?
There were 902 single-family homes for sale, providing 1.4 months of inventory. There were 1,002 new listings, and 802 homes sold at a median price of $1.9m. The median overbid percentage was at 106 2%, with an average of 15 days on the market.
There were 542 condo and townhome units for sale, providing 1.9 months of inventory. There were 455 new listings and 331 units sold at a median sale price of $1m. The median overbid percentage was at 102.7%, with an average of 18 days on the market
mily Homes
2 ory
82 Sold Listings
$1.9M Median Sale Price
2% ist
15 Avg Days on Market
InfoSparks and Trend Graphix, includes all single-family homes, the California Area above from June 2023 to June 2024. This data, and may vary from the time the data was gathered. All data guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.
Condo & Townhomes
455
New Listings
331
Sold Listings
1.9
Months of Inventory
$1M
Median Sale Price 102.7%
Median Sale vs List 18 Avg Days on Market
SantaClaraCounty
JUNE 2023 - JUNE 2024
LISTINGS FOR SALE SOLD LISTINGS
gle-Family Homes
t 12 months, year-over-year.
ndos & Townhomes
t 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last June 2023, to $1 9m as of June 2024
Condos & Townhomes
The median sale price has increased from $1 05m last June 2023, to $1 07m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 17 days last June 2023, to 15 days as of June 2024
Condos & Townhomes
The average time spent on the market remained the same from 18 days in June 2023, to 18 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 7% last June 2023, to 106 2% a year later
Condos & Townhomes
The overbid percentage has increased from 102.3% last June 2023, to 102.7% a year later.
