Veronica Mocanu - November 2024 Market Report Palo Alto Area
Palo Alto area
Palo Alto Los Altos
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Redwood City
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Portola Valley
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Menlo Park
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Atherton
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San Jose
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Mountain View
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San Mateo County
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Santa Clara County
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Monterey County
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Santa Cruz County
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East Palo Alto
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Sunnyvale
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Santa Clara City
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Saratoga
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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 today's market?
Icanhelp
Contact me for a confidential, no obligation assessment of your home's value.
IsaFixerUpperRightforYou?
Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.
What Is a Fixer Upper?
A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.
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
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 49 single-family homes for sale, providing 1.3 months of inventory. There were 38 new listings, and 38 homes sold at a median price of $3.8m. The median overbid percentage was at 105%, with an average of 14 days on the market.
There were 19 condo and townhome units for sale, providing 2.7 months of inventory. There were 10 new listings and 11 units sold at a median sale price of $1.5m. The median overbid percentage was at 103%, with an average of 27 days on the market.
Single-Family Homes
38 New Listings
38 Sold Listings
1.3 Months of Inventory
$3.8M Median Sale Price
105% Median Sale vs List
14 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 October 2023 to October 2024. 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
2.7
Months of Inventory
103%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $3 4m last October 2023, to $3 8m as of October 2024
Condos & Townhomes
The median sale price has decreased from $1 6m last October 2023, to $1 5m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 19 days last October 2023, to 14 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 7 days in October 2023, to 27 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 104% last October 2023, to 105% a year later
Condos & Townhomes
The overbid percentage has decreased from 106% last October 2023, to 103% a year later.
Redwood City
What's in the Redwood City data?
There were 52 single-family homes for sale, providing 1.3 months of inventory. There were 47 new listings, and 34 homes sold at a median price of $1.8m. The median overbid percentage was at 103%, with an average of 14 days on the market
There were 19 condo and townhome units for sale, providing 2.7 months of inventory. There were 12 new listings and 13 units sold at a median sale price of $984k. The median overbid percentage was at 99%, with an average of 28 days on the market.
Single-Family Homes
47 New Listings
34 Sold Listings
1.3 Months of Inventory
$1.8M Median Sale Price
103% Median Sale vs List
14 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 October 2023 to October 2024. 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
12 New Listings
13 Sold Listings
2.7
Months of Inventory
$984K Median Sale Price
99%
Median Sale vs List
28 Avg Days on Market
RedwoodCity
OCTOBER 2023 - OCTOBER 2024
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 decreased from $2 2m last October 2023, to $1 8m as of October 2024
Condos & Townhomes
The median sale price has increased from $900k last October 2023, to $984k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained the same from 14 days last October 2023, to 14 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 27 days in October 2023, to 28 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 101% last October 2023, to 103% a year later
Condos & Townhomes
The overbid percentage has decreased from 101% last October 2023, to 99% a year later.
Portola Valley
What's in the Porto data?
There were 20 single-family h providing 4 months of invent new listings, and 5 homes so of $3.9m. The median overbi 88%, with an average of 45 d
There was no data for condo for this month.
all single-family homes, October 2023 to October 2024. the data was gathered. All
KW Advisors Palo
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 9m last October 2023, to $3 9m as of October 2024
Condos & Townhomes
No data for this month
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 8 days last October 2023, to 45 days as of October 2024
Condos & Townhomes
No data for this month
Overbids
Single-Family Homes
The overbid percentage has decreased from 105% last October 2023, to 88% a year later
Condos & Townhomes
No data for this month
Menlo
What's in the Menl
There were 22 single-family h providing 1 month of invento new listings, and 21 homes s of $3.2m. The median overbi 101%, with an average of 15
There were 18 condo and tow sale, providing 2.6 months of were 7 new listings and 6 un sale price of $1.1m. The med percentage was at 95%, with days on the market.
all single-family homes, October 2023 to October 2024. the data was gathered. All
KW Advisors Palo
CONDO
Condo & Townhomes
7
New Listings
6 Sold Listings
2.6
Months of Inventory
$1.1M
Median Sale Price
95%
Median Sale vs List
37 Avg Days on Market
MenloPark
OCTOBER 2023 - OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $3 7m last October 2023, to $3 2m as of October 2024
Condos & Townhomes
The median sale price has decreased from $1 8m last October 2023, to $1 1m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 25 days last October 2023, to 15 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 40 days in October 2023, to 37 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 100% last October 2023, to 101% a year later
Condos & Townhomes
The overbid percentage has decreased from 98% last October 2023, to 95% a year later.
Atherton
What's in the Atherton data?
There were 15 single-family homes for sale, providing 1.4 months of inventory. There wer new listings, and 14 homes sold at a median of $8.6m. The median overbid percentage wa 93%, with an average of 142 days on the mar
There was no data for condo and townhouse for this month.
CONDO
Condo & Townhomes
No record for this month.
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE
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 decreased from $9 4m last October 2023, to $8 6m as of October 2024
Condos & Townhomes
The median sale price has remained the same from $0 last October 2023, to $0 as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 56 days last October 2023, to 142 days as of October 2024
Condos & Townhomes
The average time spent on the market remained the same from 0 days in October 2023, to 0 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 89% last October 2023, to 93% a year later
Condos & Townhomes
The overbid percentage has remained the same from 0% last October 2023, to 0% a year later.
LosAltos
What's in the Los Altos data?
There were 27 single-family homes for sale, providing 1 month of inventory. There were 27 new listings, and 24 homes sold at a median price of $4.3m. The median overbid percentage was at 108%, with an average of 12 days on the market.
There were 14 condo and townhome units for sale, providing 2 months of inventory. There were 5 new listings and 3 units sold at a median sale price of $1.7m. The median overbid percentage was at 100%, with an average of 13 days on the market.
Single-Family Homes
27 ew Listings
24 Sold Listings
1 Month of Inventory
$4.3M Median Sale Price
108% Median Sale vs List
12 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 October 2023 to October 2024. 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
5 New Listings
3 Sold Listings
2 Months of Inventory
$1.7M
Median Sale Price
100%
Median Sale vs List
13 Avg Days on Market
LosAltos
OCTOBER 2023 - OCTOBER 2024
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 decreased from $4 35m last October 2023, to $4 33m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 6m last October 2023, to $1 7m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 19 days last October 2023, to 12 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 22 days in October 2023, to 13 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103% last October 2023, to 108% a year later
Condos & Townhomes
The overbid percentage has increased from 96% last October 2023, to 100% a year later.
SanJose
What's in the San Jose data?
There were 291 single-family homes for sale, providing 0.8 months of inventory. There were 398 new listings, and 346 homes sold at a median price of $1.6m. The median overbid percentage was at 105% with an average of 16 days on the market.
There were 247 condo and townhome units for sale, providing 2 months of inventory There were 176 new listings and 124 units sold at a median sale price of $809k. The median overbid percentage was at 102%, with an average of 27 days on the market.
Single-Family Homes
398 New Listings
346 Sold Listings
0.8 Months of Inventory
$1.6M Median Sale Price
105% 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 October 2023 to October 2024. 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.
& Townhomes
2 Months of Inventory $809K
Median Sale vs List
27 Avg Days on Market 124 Sold Listings
OCTOBER 2023 - OCTOBER 2024
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 6m last October 2023, to $1 68m as of October 2024
Condos & Townhomes
The median sale price has decreased from $830k last October 2023, to $809k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 15 days last October 2023, to 16 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 21 days in October 2023, to 27 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 104% last October 2023, to 105% a year later
Condos & Townhomes
The overbid percentage has remained the same from 102% last October 2023, to 102% a year later.
Mountain View
What's in the Mountain View data?
There were 14 single-family homes for sale, providing 0.4 months of inventory. There were 27 new listings, and 26 homes sold at a median price of $2.7m. The median overbid percentage was at 111% with an average of 10 days on the market
There were 38 condo and townhome units for sale, providing 1.5 months of inventory. There were 28 new listings and 29 units sold at a median sale price of $1.3m. The median overbid percentage was at 106%, with an average of 17 days on the market.
Single-Family Homes
27 New Listings
26 Sold Listings
0.4 Months of Inventory
$2.7M Median Sale Price
111% Median Sale vs List
10 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 October 2023 to October 2024. 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
28 New Listings
29 Sold Listings
1.5
Months of Inventory
$1.3M
Median Sale Price
106%
Median Sale vs List
17 Avg Days on Market
OCTOBER 2023 - OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2 5m last October 2023, to $2 7m as of October 2024
Condos & Townhomes
The median sale price has decreased from $1 4m last October 2023, to $1 3m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 20 days last October 2023, to 10 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 13 days in October 2023, to 17 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 105% last October 2023, to 111% a year later
Condos & Townhomes
The overbid percentage has decreased from 107% last October 2023, to 106% a year later.
SanMateo County
What's in the San Mateo County data?
There were 444 single-family homes for sale, providing 1.5 months of inventory. There were 388 new listings, and 356 homes sold at a median price of $1.9m. The median overbid percentage was at 102 8%, with an average of 29 days on the market.
There were 244 condo and townhome units for sale, providing 2.6 months of inventory. There were 128 new listings and 102 units sold at a median sale price of $877k. The median overbid percentage was at 100%, with an average of 33 days on the market
He-Family Homes
8 ings
356 Sold Listings
5 of Inventory
$1.9M Median Sale Price
2.8% Sale vs List
29 Avg Days on Market
sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from October 2023 to October 2024. 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.
128 New Listings
2.6 Months of Inventory
100%
Median Sale vs List
$877K Median Sale Price
33 Avg Days on Market 102 Sold Listings
SanMateo
OCTOBER 2023 - OCTOBER 2024
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 decreased from $1 94m last October 2023, to $1 92m as of October 2024
Condos & Townhomes
The median sale price has decreased from $910k last October 2023, to $877k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 22 days last October 2023, to 29 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 42 days in October 2023, to 33 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 101 4% last October 2023, to 102 8% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later.
Sant Cou
What's in t County da
There were 759 providing 1.1 mo new listings, and price of $1.9m. T was at 103 8%, w market.
There were 546 sale, providing 1 were 408 new lis median sale pric percentage was days on the mar
homes, 2024. All Palo
Months of
Median S
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last October 2023, to $1 9m as of October 2024
Condos & Townhomes
The median sale price has increased from $984k last October 2023, to $1m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained the same from 19 days last October 2023, to 19 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 20 days in October 2023, to 25 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 5% last October 2023, to 103 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 100.9% last October 2023, to 100.7% a year later.
Monter County
What's in the Mon data?
There were 412 single-family providing 2.4 months of inve new listings, and 140 homes price of $920k. The median o was at 93%, with an average market.
There were 55 condo and tow sale, providing 1.8 months of were 26 new listings and 34 sale price of $618k. The med percentage was at 93%, with days on the market
all single-family homes, October 2023 to October 2024. the data was gathered. All Copyright KW Advisors Palo
New Listings
1.8
Months of Inventory
93%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 1m last October 2023, to $920k as of October 2024
Condos & Townhomes
The median sale price has decreased from $733k last October 2023, to $618k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 43 days last October 2023, to 46 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 30 days in October 2023, to 59 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 96% last October 2023, to 93% a year later
Condos & Townhomes
The overbid percentage has decreased from 100% last October 2023, to 93% a year later.
SantaC County
What's in the Sant County data?
There were 335 single-family providing 2.5 months of inve new listings, and 134 homes price of $1.3m. The median o was at 93%, with an average market
There were 82 condo and tow sale, providing 2.6 months of were 40 new listings and 33 sale price of $850k. The med percentage was at 96%, with days on the market.
all single-family homes, October 2023 to October 2024. the data was gathered. All
KW Advisors Palo
New Listings
2.6
Months of Inventory
96%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 2m last October 2023, to $1 3m as of October 2024
Condos & Townhomes
The median sale price has increased from $725k last October 2023, to $850k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 31 days last October 2023, to 43 days as of October 2024
Condos & Townhomes
The average time spent on the market remained the same from 29 days in October 2023, to 29 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 95% last October 2023, to 93% a year later
Condos & Townhomes
The overbid percentage has remained the same from 96% last October 2023, to 96% a year later.
East PaloAlto
What's in the East Palo Alto data?
There were 11 single-family homes for sale, providing 1.8 months of inventory. There were 10 new listings, and 7 homes sold at a median price of $1m. The median overbid percentage was at 105%, with an average of 16 days on the market
There was 1 condo and townhome unit for sale, providing 1 month of inventory. There were 0 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.
Month of Inventory 0%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 05m last October 2023, to $1 04m as of October 2024
Condos & Townhomes
The median sale price has decreased from $735k last October 2023, to $0 as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 10 days last October 2023, to 16 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 113 days in October 2023, to 0 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 104% last October 2023, to 105% a year later
Condos & Townhomes
The overbid percentage has decreased from 85% last October 2023, to 0% a year later.
Sunnyvale
What's in the Sunnyvale data?
There were 23 single-family homes for sale, providing 0.6 months of inventory. There were 37 new listings, and 51 homes sold at a median price of $2.6m. The median overbid percentage was at 112% with an average of 11 days on the market.
There were 22 condo and townhome units for sale, providing 0.8 months of inventory. There were 19 new listings and 27 units sold at a median sale price of $1.4m. The median overbid percentage was at 107%, with an average of 18 days on the market.
Single-Family Homes
37 New Listings
51 Sold Listings
0.6 Months of Inventory
$2.6M Median Sale Price
112%
Median Sale vs List
11 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 October 2023 to October 2024. 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
19
New Listings
27 Sold Listings
0.8
Months of Inventory
$1.4M
Median Sale Price
107%
Median Sale vs List
18 Avg Days on Market
Sunnyvale
OCTOBER 2023 - OCTOBER 2024
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 October 2023, to $2 6m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 3m last October 2023, to $1 4m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 10 days last October 2023, to 11 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 12 days in October 2023, to 18 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 111% last October 2023, to 112% a year later
Condos & Townhomes
The overbid percentage has increased from 103% last October 2023, to 107% a year later.
SantaClara City
What's in the Santa Clara City data?
There were 16 single-family homes for sale, providing 0.4 months of inventory. There were 25 new listings, and 32 homes sold at a median price of $1.8m. The median overbid percentage was at 109%, with an average of 19 days on the market
There were 41 condo and townhome units for sale, providing 1.5 months of inventory. There were 36 new listings and 21 units sold at a median sale price of $1m. The median overbid percentage was at 103%, with an average of 22 days on the market.
Single-Family Homes
25 New Listings
32 Sold Listings
0.4 Months of Inventory
$1.8M Median Sale Price
109% Median Sale vs List
19 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 October 2023 to October 2024. 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
36
New Listings
21 Sold Listings
1.5
Months of Inventory
$1M
Median Sale Price
103%
Median Sale vs List
22 Avg Days on Market
SantaClaraCity
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
ngle-Family Homes st 12 months, year-over-year.
ondos & Townhomes st 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last October 2023, to $1 89m as of October 2024
Condos & Townhomes
The median sale price has decreased from $1 2m last October 2023, to $1m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 10 days last October 2023, to 19 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 11 days in October 2023, to 22 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 107% last October 2023, to 109% a year later
Condos & Townhomes
The overbid percentage has increased from 102% last October 2023, to 103% a year later.
Saratoga
What's in the Saratoga data
There were 23 single-family homes for sal providing 0.9 months of inventory. There w new listings, and 22 homes sold at a medi of $4.3m. The median overbid percentage 101%, with an average of 27 days on the m
There were 3 condo and townhome units f providing 1.5 months of inventory. There w new listings and 1 unit sold at a median sa of $2.8m. The median overbid percentage 101%, with an average of 14 days on the m
22 Sold Listings
$4.3M
Median Sale Price
27 Avg Days on Market
Trend Graphix, includes all single-family homes, Area above from October 2023 to October 2024. may vary from the time the data was gathered. All guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
2 New Listings
1 Sold Listing
1.5
Months of Inventory
$2.8M
Median Sale Price
101%
Median Sale vs List
14 Avg Days on Market
OCTOBER 2023 - OCTOBER 2024
y Homes ths, year-over-year.
ownhomes ths, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $3 9m last October 2023, to $4 3m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 5m last October 2023, to $2 8m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 38 days last October 2023, to 27 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 12 days in October 2023, to 14 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 96% last October 2023, to 101% a year later
Condos & Townhomes
The overbid percentage has decreased from 105% last October 2023, to 101% a year later.
