Peninsula Estates
Santa Clara County
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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.
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?
SantaClara County
What's in the Santa Clara County data?
There were 914 single-family homes for sale, providing 1.4 months of inventory. There were 961 new listings, and 631 homes sold at a median price of $1.9m. The median overbid percentage was at 102 9%, with an average of 22 days on the market.
There were 599 condo and townhome units for sale, providing 2.1 months of inventory. There were 449 new listings and 279 units sold at a median sale price of $1m. The median overbid percentage was at 100.7%, with an average of 29 days on the market
mily Homes
631 Sold Listings
$1.9M Median Sale Price
InfoSparks and Trend Graphix, includes all single-family homes, the California Area above from September 2023 to September preliminary data, and may vary from the time the data was med reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated. ory
9% ist
22 Avg Days on Market
Condo
& Townhomes
449
New Listings
279
Sold Listings
2.1
Months of Inventory
$1M
Median Sale Price
100.7%
Median Sale vs List
29 Avg Days on Market
SantaClaraCounty
SEPTEMBER 2023 - SEPTEMBER 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 September 2023, to $1 9m as of September 2024
Condos & Townhomes
The median sale price has decreased from $1 03m last September 2023, to $1m as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 18 days last September 2023, to 22 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 18 days in September 2023, to 29 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 103 9% last September 2023, to 102 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 101.6% last September 2023, to 100.7% a year later.
