May 2023 Copyright by KW Advisors 2023
Palo Alto area
Palo Alto
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Redwood City
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Portola Valley
Jump to Portola Valley Report
Menlo Park
Jump to Menlo Report
Atherton
Jump to Atherton Report
Los Altos
Jump to Los Altos Report
San Jose
Jump to San Jose Report
Mountain View
Jump to Mountain View
San Mateo County
Jump to San Mateo County
Santa Clara County
Jump to Santa Clara County
Monterey County
Jump to Monterey County Report
Santa Cruz County
Jump to Santa Cruz County Report
East Palo Alto
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Sunnyvale
Jump to Sunnyvale Report
Santa Clara City
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Saratoga
Jump to Saratoga Report
What’syourhome reallyworthintoday’s market?
That's really 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. At the end of the day, 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.
HowHomeownersWinWhen TheyDownsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:
“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”
And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.
When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:
“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.”
That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are you’ve developed a considerable amount of equity. Your home equity is an asset you can use to help you buy a home that better suits your needs today.
And when you’re ready to make a move, your team of real estate experts will be your guides through every step of the process. That includes setting the right price for your house when you sell, finding the best location and size for your next home, and understanding what you can afford at today’s mortgage rate.
What This Means for You
If you’re thinking about downsizing, ask yourself these questions:
Do the original reasons I bought my current house still stand, or have my needs changed since then?
Do I really need and want the space I have right now, or could somewhere smaller be a better fit?
What are my housing expenses right now, and how much do I want to try to save by downsizing?
Once you know the answers to these questions, meet with a real estate advisor to get an answer to this one: What are my options in the market right now? A local housing market professional can walk you through how much equity you have in your house and how it positions you to win when you downsize.
Bottom Line
If you’re looking to save money, downsizing your home could be a great help toward your goal. Talk with a real estate agent about your goals in the housing market this year.
Source: Keeping Current Matters
PaloAlto
What's in the Palo Alto data?
In April, Palo Alto had 101 homes for sale; providing the market with 1.6 months of inventory. There are 50 new listings and a total of 27 homes sold. The median sale price was $3.1m, and the median overbid was 100.5%. The average time on the market was 21 days.
There are 27 condo and townhome units for sale, providing the market with 2 months of inventory There are 11 new listings for sale, and 7 condo sold with a median sale price of $1.7m. The median overbid was 96.3%, with an average of 31 days on the market.
SFH Single-Family Homes
50 New Listings
27 Sold Listings
1.6 Months of Inventory
$3.1M Median Sale Price
100.1% Median Sale vs List
21 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
CONDO
Condo & Townhomes
11 New Listings
7 Sold Listings
2 Months of Inventory
$1.7M Median Sale Price
96.3% Median Sale vs List
31 Avg Days on Market
oAlto 2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 APRIL 2022 - APRIL 2023 ly Homes nths, year-over-year. ownhomes nths, year-over-year
FOR
SOLD LISTINGS
S
SALE
Median SalesPrice
Single-Family
The median sales price has decreased from $4m in April 2022, to $3 1m as of April 2023
Condos
The median sales price has increased from $1.6m in April 2022, to $1.7m as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 15 days in April 2022, to 21 days as of April 2023
Condos
The average time spent on the market increased from 18 days in April 2022, to 31 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 108 1% in April 2022, to 100 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.1% in April 2022, to 96.3% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Homes
& Townhomes
Redwood City
What's in the Redwood City data?
In April, Redwood had 68 homes for sale; providing the market with 0.9 months of inventory. There are 36 new listings and a total of 33 homes sold. The median sale price was $1.9m, and the median overbid was 98 8% The average time on the market was 18 days.
There are 18 condo and townhome units for sale, providing the market with 0.9 months of inventory. There are 11 new listings for sale, and 2 condo sold with a median sale price of $1.2m. The median overbid was 102%, with an average of 26 days on the market
11 New Listings
0.9 Months of Inventory $
102% Median Sale vs List
Condo & T
CO
2023 March2023 April2023 y2023 March2023 April2023 y y S
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 3m in April 2022, to $1 9m as of April 2023
Condos
The median sales price has increased from $1m in April 2022, to $1.2m as of April 2023.
AVGDays OntheMarket
The average time spent on the market increased from 16 days in April 2022, to 18 days as of April 2023
The average time spent on the market increased from 8 days in April 2022, to 26 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 112 7% in April 2022, to 98 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.1% in April 2022, to 102% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Condos & Townhomes
Single-Family Homes
Portola Valley
What's in the Portola Valley data?
In April, Portola Valley had 24 homes for sale; providing the market with 3.4 months of inventory. There are 17 new listings and a total of 2 homes sold. The median sale price was $2.9m, and the median overbid was 92 2% The average time on the market was 21 days.
There are currently no condos, or townhouse units for sale, inventory, new listings, or condo sales reported.
SFH Single-Family Homes
17 New Listings
2 Sold Listings
3.4 Months of Inventory
$2.9M Median Sale Price
92.2% Median Sale vs List
21 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
CONDO
Condo & Townhomes
No data for this month
Last
Condos
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 40 30 20 10 0 100 75 50 25 0 APRIL 2022 - APRIL 2023
Homes
PortolaValley
Single-Family
12 months, year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS No Data for this month
Median SalesPrice
Single-Family
The median sales price has decreased from $4m in April 2022, to $2 9m as of April 2023
Condos
No data for this month.
Overbids
Single-Family Homes
The overbid percentage has decreased from 101 1% in April 2022, to 92 2% a year later
Condos & Townhomes
No data for this month.
AVGDays OntheMarket
Single-Family
The average time spent on the market increased from 12 days in April 2022, to 21 days as of April 2023
Condos
No data for this month
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Homes
& Townhomes
Homes
MenloP
What's in the Menlo
In April, Menlo Park had 51 home providing the market with 1.5 mo There are 30 new listings and a t sold. The median sale price was median overbid was 96.8%. The the market was 19 days.
There are 18 condo and townhom providing the market with 4 mon There are 9 new listings for sale with a median sale price of $1.7m overbid was 93.2%, with an avera the market.
Mce includes all singlefrom April 2022 to the data was may be directed to Advisors 2023.
rket
CONDO
Condo & Townhomes
9 New Listings
1 Sold Listings
4 Months of Inventory
$1.7M Median Sale Price
93.2% Median Sale vs List
9 Avg Days on Market
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
MenloPark April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 125 100 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 30 20 10 0 APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
The median sales price has increased from $3m in April 2022, to $3 5m as of April 2023
The median sales price has increased from $1.3m in April 2022, to $1.7m as of April 2023.
AVGDays OntheMarket
Single-Family
The average days on market went up from 15 days in April 2022, to 19 days as of April 2023
Condos
The average days on market went down from 19 days in April 2022, to 15 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 108 7% in April 2022, to 96 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 106% in April 2022, to 93.2% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 200 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
Condos &
Single-Family Homes
& Townhomes
Homes
Atherton
What's in the Atherton data?
In April, Los Altos had 39 single-family homes for sale, providing the market with only 5.3 months of inventory. There are 16 new listings added, and 4 homes sold for a median sale price of $12.5m. The median overbid was 89.8%, with an average of 38 days on the market.
The condo and townhouse market had 0 units for sale, providing the market with only 5 3 months of inventory. There was a total of 4 new listings, but 0 units were sold. The median sale price was not available as There are no sales. The median overbid was 0%.
SFH Single-Family Homes
16 New Listings
4 Sold Listings
5.3 Months of Inventory
$12.5M Median Sale Price
89.8% Median Sale vs List
38 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
4 New Listings
of
Sale vs List 0
Market
& Townhomes
5.3 Months
Inventory $0 Median Sale Price 0% Median
Avg Days on
0 Sold Listings CONDO Condo
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Atherton April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 40 30 20 10 0 0 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 2 15 1 05 0 APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $9 6m in April 2022, to $12 5m as of April 2023
Condos & Townhomes
The median sales price has remained at $0 since April 2022.
Overbids
Single-Family Homes
The overbid percentage has decreased from 98 9% in April 2022, to 89 8% a year later
Condos & Townhomes
The overbid percentage has remained at 0 since April 2022.
Single-Family Homes
The average time spent on the market decreased from 39 days in April 2022, to 38 days as of April 2023
Condos & Townhomes
The average time spent on the market has remained at 0 days since April 2022
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
LosA
What's in the
In April, Los Altos had providing the market w
There are 25 new listi sold. The median sale median overbid was 1 the market was 10 da
There are 15 condo an providing the market w There are 6 new listin sold with a median sa median overbid was 1 days on the market.
4M an Sale Price 4 d Listings s 5th, 2023 and includes all singlealifornia Area above from April 2022 to vary from the time the data was guaranteed. Questions may be directed to 01511642 Copyright KW Advisors 2023. 0 Days on Market
CONDO
Condo & Townhomes
6 New Listings
2 Sold Listing
1.8 Months of Inventory
$1.6M Median Sale Pric
101.6% Median Sale vs List
62 Avg Days on Marke
y y
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 4m in April 2022, to $4m as of April 2023
Condos
The median sales price has decreased from $2.1m in April 2022, to $1.6m as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market decreased from 20 days in April 2022, to 10 days as of April 2023
The average time spent on the market increased from 20 days in April 2022, to 62 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 115 2% in April 2022, to 101 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.1% in April 2022, to 101.6% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 200 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Condos & Townhomes
SanJose
What's in the San Jose data?
In April, San Jose had 617 single-family homes for sale, providing the market with only 0.8 months of inventory. There are 352 new listings, and 273 homes were sold for a median sale price of $1.5m. The median overbid was 103.4%, with an average of 24 days on the market.
There are 274 condo and townhome units for sale, providing the market with 0 7 months of inventory There are 157 new listings, and 136 condos sold for a median sale price of $862k. The median overbid was 102.6%, with an average of 18 days spent on the market.
SFH Single-Family Homes
352 New Listings
273 Sold Listings
0.8 Months of Inventory
$1.5M Median Sale Price
103.4% Median Sale vs List
24 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
157 New Listings
136 Sold Listings
0.7 Months of Inventory
$862K Median Sale Price
102.6% Median Sale vs List
18 Avg Days on Market
CONDO Condo & Townhomes
Last 12 months,
Condos
Last 12 months, year-over-year
SanJose April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 2000 1500 1000 500 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 750 500 250 0 APRIL 2022 - APRIL 2023
Homes
Single-Family
year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m in April 2022, to $1 5m as of April 2023
Condos & Townhomes
The median sales price has decreased from $906k in April 2022, to $862k as of April 2023
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 10 days in April 2022, to 24 days as of April 2023.
Condos & Townhomes
The average time spent on the market increased from 10 days in April 2022, to 18 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 115 4% in April 2022, to 103 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 113.3% in April 2022, to 102.6% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Mountain View
What's in the Mountain View data?
In April, Mountain View had 38 homes for sale, providing the market with 0.9 months of inventory. There are 26 new listings added, and a total of 11 homes were sold for a median sale price of $2 8m The median overbid was 106%, with an average of 10 days on the market.
There are 47 condo and townhome units for sale, providing the market with 0.8 months of inventory. A total of 24 new listings were added, and 16 condos were sold at a median sale price of $1.5m. The median overbid was 102.6%, with an average of 24 days on the market
SFH Single-Family Homes
26 New Listings
11 Sold Listings
0.9 Months of Inventory
$2.8M Median Sale Price
106% Median Sale vs List
10 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
CONDO
Condo & Townhomes
24 New Listings
16 Sold Listings
0.8 Months of Inventory
$1.5M Median Sale Price
102.6% Median Sale vs List
24 Avg Days on Market
Last 12 months,
Condos
Last 12 months, year-over-year
MountainView April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 100 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 125 100 75 50 25 0 APRIL 2022 - APRIL 2023
Homes
Single-Family
year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family
The median sales price remained $2 8m in April 2022, and $2 8m as of April 2023
Condos
The median sales price has increased from $1.3m in April 2022, to $1.5m as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market decreased from 18 days in April 2022, to 10 days as of April 2023
Condos
The average time spent on the market increased from 16 days in April 2022, to 24 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 113 5% in April 2022, to 106% a year later
Condos & Townhomes
The overbid percentage has decreased from 111.4% in April 2022, to 102.6% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Homes
& Townhomes
SanM Coun
What's in the data?
There are 380 single-f providing 1.4 months new listings, and 227 price of $1.8m. The m was 100 3%, with an a market.
There are 139 condo a providing 1.5 months new listings, and 70 u price of $857k. The m was 100%, with an ave market
388 New Listings
227 Sold Listings
1.4 Months of Inventory
$1.8M Median Sale Price
100.3% Median Sale vs List
25 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.
s
CONDO
Condo & Townhomes
133 New Listings
70 Sold Listings
1.5 Months of Inventory
$857K Median Sale Price
100% Median Sale vs List
36 Avg Days on Market
Last 12 months, year-over-year.
Condos
Last 12 months, year-over-year
SanMateoCounty April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 00 50 00 50 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 00 00 00 00 0 APRIL 2022 - APRIL 2023
Single-Family Homes
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
The median sales price has decreased from $2 2m in April 2022, to $1 8m as of April 2023
The median sales price has decreased from $1m in April 2022, to $857k as of April 2023
Overbids
Single Family Homes
The overbid percentage has decreased from 112 5% in April 2022, to 100 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.3% in April 2022, to 100% a year later
AVGDays OntheMarket
Single
The average time spent on the market increased from 13 days in April 2022, to 25 days as of April 2023
Condos
The average time spent on the market increased from 18 days in April 2022, to 36 days as of April 2023.
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
Condos &
Single Family Homes
& Townhomes
Family Homes
Back to Table of Contents
SantaClara County
What's in the Santa Clara County data?
There are 651 single-family homes for sale, providing 1 month of inventory. There are 834 new listings, and 584 homes sold at a median sale price of $1.7m. The median overbid percentage was 102 7%, with an average of 19 days on the market.
There are 254 condo and townhome units for sale, providing 0.9 months of inventory. There are 324 new listings, and 239 units sold at a median sale price of $928k. The median overbid percentage was 101.6%, with an average of 20 days on the market
SFH Single-Family Homes
834 New Listings
584 Sold Listings
1 Months of Inventory
$1.7M Median Sale Price
102.7% Median Sale vs List
19 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.
324 New Listings
239 Sold Listings
0.9 Months of Inventory
$928K Median Sale Price
101.6% Median Sale vs List
20 Avg Days on Market
C
aCounty 2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023 y y OLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m last April 2022, to $1 7m as of April 2023
Condos
The median sales price has decreased from $1m last April 2022, to $928k as of April 2023..
Overbids
Single-Family Homes
The overbid percentage has decreased from 114 4% last April 2022, to 102 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 110% last April 2022, to 101.6% a year later.
Single-Family
The average days on market went up from 10 days last April 2022, to 19 days as of April 2023
Condos
The average days on market went up from 11 days in April 2022, to 20 days as of April 2023
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
AVGDays OntheMarket
Townhomes
&
Homes
Mont Coun
What's in the data?
In April, Monterey had homes on the market inventory.There are 1 123 homes sold for a The median overbid w 37 days on the marke
There are 59 condo a providing the market There are 26 new listi sold for a median pric overbid was 98.5%, w the market
950K an Sale Price 23 d Listings s 5th, 2023 and includes all singlealifornia Area above from April 2022 to vary from the time the data was guaranteed. Questions may be directed to 01511642 Copyright KW Advisors 2023. 7 Days on Market
New Listings
Months of Inventory $585 Median Sale 98.5% Median Sale vs List
Avg Days on M 2 Sold Lis
Condo & Townhom
26
1.2
2
CONDO
eyCounty 022October2022November2022December2022January2023February2023 March2023 April2023 2022October2022November2022December2022January2023February2023 March2023 April2023 r-year. y r-year SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $888k in April 2022, to $950k as of April 2023
Condos & Townhomes
The median sales price has decreased from $730k in April 2022, to $585k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 102 3% in April 2022, to 95 5% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.1% in April 2022, to 98.5% a year later.
Single-Family Homes
The average time spent on the market increased from 24 days in April 2022, to 37 days as of April 2023
Condos & Townhomes
The average time spent on the market decreased from 21 days in April 2022, to 20 days as of April 2023
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,000,000 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
OntheMarket
AVGDays
SantaCruz County
What's in the Santa Cruz County data?
In April, There are 322 single-family homes for sale, providing the market with 2 months of inventory. There are 146 new listings added, and a total of 74 homes sold for a median price of $1 3m The median overbid was 98 9%, with an average of 34 days spent on the market.
There are 58 condo and townhouse units for sale, providing the market with 1 month of inventory. There was a total of 25 new listings for sale, and 17 condos sold for median price of $950k. The median overbid was 101.9%, with an average of 77 days on the market
SFH Single-Family Homes
146 New Listings
74 Sold Listings
2 Months of Inventory
$1.3M Median Sale Price
98.9% Median Sale vs List
34 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
25 New Listings
17 Sold Listings
1 Months of Inventory
$950K Median Sale Price
101.9% Median Sale vs List
77 Avg Days on Market
CONDO Condo & Townhomes
SantaCruzCounty April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 600 400 200 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 150 100 50 0 APRIL 2022 - APRIL 2023 Single-Family Homes
12 months, year-over-year. Condos & Townhomes
12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS
Last
Last
Median SalesPrice
Single-Family Homes
The median sales price has increased from $1 4m in April 2022, and $1 3m as of April 2023
Condos &
The median sales price has increased from $912k in April 2022, to $950k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 109 6% in April 2022, to 98 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.8% in April 2022, to 101.9% a year later.
Single-Family
The average time spent on the market increased from 15 days in April 2022, to 34 days as of April 2023
Condos
The average time spent on the market increased from 9 days in April 2022, to 77 days as of April 2023
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 80 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
AVGDays OntheMarket
& Townhomes
Homes
East PaloAlto
What's in the East Palo Alto data?
In April, East Palo Alto had 16 single-family homes for sale, providing the market with 0.8 months of inventory. There are 8 new listings, and 5 homes sold for an average of $900k. The median overbid was 106%, with an average of 15 days on the market.
There are only 2 condo and townhouse units for sale, providing the market with 0 months of inventory. There was 1 new listing. No condos were sold in April.
SFH Single-Family Homes
8 New Listings
5 Sold Listings
0.8 Months of Inventory
$900K Median Sale Price
106% Median Sale vs List
15 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
& Townhomes
1 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
EastPaloAlto April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 40 30 20 10 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 8 6 4 2 0 APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1m in April 2022, to $900k as of April 2023
Condos &
The median sales price has decreased from $788k in April 2022, to $0 as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 106 8% in April 2022, to 106% a year later
Condos & Townhomes
The overbid percentage has decreased from 100% in April 2022, to 0% a year later.
Single-Family Homes
The average days on market went down from 16 days in April 2022, to 15 days as of April 2023
Condos
The average days on market went down from 72 days in April 2022, to 0 days as of April 2023
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
AVGDays OntheMarket
& Townhomes
Sunnyvale
What's in the Sunnyvale data?
In April, Sunnyvale had 85 single-family homes for sale, resulting in 0.4 months of inventory. There are 55 new listings, and 43 homes sold for a median price of $2.2m. The median overbid was 107.4%, with an average of 13 days on the market.
There are 39 condo and townhouse units for sale, providing the market with 0.7 months of inventory. There are 24 new listings, and 14 units sold for a median price of $1.1m. The median overbid was 99.9%, with an average of 13 days on the market.
SFH Single-Family Homes
55 New Listings
43 Sold Listings
0.4 Months of Inventory
$2.2M Median Sale Price
107.4% Median Sale vs List
13 Avg Days on Market
This data was sourced from Broker Metrics on May 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from April 2022 to April 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each Office is independently owned and operated.
24 New Listings
14 Sold Listings
0.7 Months of Inventory
$1.1M Median Sale Price
99.9% Median Sale vs List
13 Avg Days on Market
CONDO Condo & Townhomes
Last 12 months, year-over-year.
Last 12 months, year-over-year
Sunnyvale April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 00 50 00 50 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 00 50 0 APRIL 2022 - APRIL 2023
Single-Family Homes
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 6m in April 2022, to $2 2m as of April 2023
Condos & Townhomes
The median sales price has decreased from $1.4m in April 2022, to $1.1m as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 11 days in April 2022, to 13 days as of April 2023
Condos
The average time spent in the market has remained at 13 days since April 2022
Overbids
Single-Family Homes
The overbid percentage has decreased from 121 1% in April 2022, to 107 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 113.2% in April 2022, to 99.9% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Sant City
What's in th data?
In April, Santa Clar family homes for s inventory. There ar homes sold for a m median overbid wa days on the marke
There are 33 cond providing 1.2 mon new listings, and 1 of $871k. The med an average of 9 da
6 stings
.7M Sale Price
2023 and includes all singleArea above from April 2022 to from the time the data was Questions may be directed to Copyright KW Advisors 2023.
s on Market
C
1 New List
1. Months of Inven
100.6% Median Sale vs
aCity 2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023 y y OLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m in April 2022, to $1 7m as of April 2023
Condos
The median sales price has decreased from $1m in April 2022, to $871k as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 11 days in April 2022, to 20 days as of April 2023
Condos
The average time spent on the market decreased from 14 days in April 2022, to 9 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 5% in April 2022, to 109 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.9% in April 2022, to 100.6% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
& Townhomes
Sarato
What's in the
In April, Saratoga had sale, providing the ma inventory. There are 3 24 homes sold for a m median overbid was 9 days on the market.
There are 3 condo an providing 2 months o listings for sale, and a median price of $1.4m 104.6%, with an avera market.
3.7M an Sale Price
Listings
2023 and includes all singlealifornia Area above from April 2022 to vary from the time the data was guaranteed. Questions may be directed to 01511642 Copyright KW Advisors 2023.
4 d
s 5th,
on Market
8 Days
Inven
104.6% Median Sale vs
New List Months of
C
2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023 y y OLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4m in April 2022, to $3 7m as of April 2023
Condos
The median sales price has increased from $1.1m in April 2022, to $1.4m as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 14 days in April 2022, to 38 days as of April 2023
The average time spent on the market increased from 8 days in April 2022, to 9 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 114 5% in April 2022, to 96 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.1% in April 2022, to 104.6% a year later.
Back to Table of Contents April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Townhomes
Condos &
505 Hamilton Ave Suite #100, Palo Alto, CA 94301 PaloAlto :
