BAY
| AUGUST 2023
AREA
Market Update
Santa Clara
San Mateo
Alameda
San Francisco
Santa Clara County
What's in the Santa Clara data?
Santa Clara’s median sold price for single-family homes increased from last month, $1.77 Million in July 2023 to $1.83 Million in August 2023. The number of homes sold was 699 while the number of new listings was 911. The median price for condos/ townhouses is at $950K with 425 new listings and 317 homes sold.
911 New Listings
699 Sold Listings
1.1 Months of Inventory
$1.83M Median Sale Price
105% Median Sale vs List Price 18 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 8/2022 thru 8/2023 Data may include preliminary data and may vary from the time this data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Silicon City Each Office is independently owned and operated
425 New Listings
317 Sold Listings
1.2 Months of Inventory
$950K Median Sale Price
103% Median Sale vs List Price
19 Avg Days on Market
Santa
glance
CONDOS & TOWNHOMES
Clara at a
Last
Last
Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2022 March2023 April2023 May2023 Jun2023 Jul2023 Aug2023 1,250 1,000 750 500 250 0
FAMILY HOMES
SINGLE
year-over-year
12 months,
CONDOS
SANTA CLARA COUNTY | AUGUST 2022 - AUGUST 2023 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 April2023 May2023 Jun2023 Jul2023 Aug2023 600 400 200 0
12 months, year-over-year LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price increased year over year from $1 62 Million in August 2022 to $1 83 Million in August 2023
Condos & Townhomes
The median sales price increased year over year from $900K in August 2022 to $950K in August 2023
Single Family Homes
The average days on market has gone down from 24 days last August 2022 to 18 days in August 2023
Condos & Townhomes
The average days on market last August 2022 was 25 days and has decreased to 19 days in August 2023
Single Family Homes
The overbid percentage has increased from 100% in August 2022 to now 105% in August 2023
Condos & Townhomes
The overbid percentage has slightly increased from 100% last August 2022 to 103% a year later in August 2023
A V G D A Y S O N M A R K E T Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 O V E R B I D S M E D I A N S A L E S P R I C E
SANTA CLARA | AUGUST 2023
Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 40 30 20 10 0
Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
San Mateo County
What's in the San Mateo data?
San Mateo's median sold price for single-family homes stayed the same month-to-month from $1.80 Million in July 2023 to $1.80 Million in August 2023. The number of homes sold was 320 while the number of new listings was 439. The median price for condos/ townhouses was $1.05 Million with 133 new listings and 94 homes sold.
439 New Listings
320 Sold Listings
1.6 Months of Inventory
$1.80M Median Sale Price 103% Median Sale vs List Price 27 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 8/2022 thru 8/2023 Data may include preliminary data and may vary from the time this data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Silicon City Each Office is independently owned and operated
133 New Listings
94 Sold Listings
2 Months of Inventory
$1.05M Median Sale Price
100% Median Sale vs List Price
45 Avg Days on Market
CONDOS & TOWNHOMES
glance
San Mateo at a
LISTINGS FOR SALE VS SOLD LISTINGS
Last
Last 12 months, year-over-year
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 750 500 250 0 SINGLE FAMILY HOMES
12 months, year-over-year CONDOS
SAN MATEO COUNTY AUGUST 2022 - AUGUST 2023 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 300 200 100 0
Single Family Homes
The median sales price has decreased from $1 84 Million last August 2022 to $1 80 Million in August 2023
Condos & Townhomes
The median sales price has increased from $900k last August 2022 to $1 05 Million in August 2023
Single Family Homes
The average days on market is slightly up from 23 days last August 2022 to 27 days in August 2023
Condos & Townhomes
The average days on market last August 2022 was 32 and is now 45 in August 2023
Single Family Homes
The overbid percentage was 101% in August 2022 and is now 103% in August 2023
Condos & Townhomes
The overbid percentage has stayed the same from August 2022 to August 2023 at 100%
A V G D A Y S O N M A R K E T Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 O V E R B I D S M E D I A N S A L E S P R I C E
SAN MATEO COUNTY | AUGUST 2023 Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 60 40 20 0 Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
Alameda County
What's in the Alameda data?
Alameda’s median sold price for single-family homes decreased slightly month-to-month from $1.26 Million in July 2023 to $1.25 Million in August 2023. The number of homes sold was 671 while the number of new listings was 913. The median price for condos/ townhouses was $708k with 351 new listings and 231 homes sold.
913 New Listings
671 Sold Listings
1.2 Months of Inventory
$1.25M Median Sale Price
107% Median Sale vs List Price 19 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 8/2022 thru 8/2023 Data may include preliminary data and may vary from the time this data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Silicon City Each Office is independently owned and operated
Alameda at a glance
CONDOS & TOWNHOMES
351 New Listings
231 Sold Listings
1.9 Months of Inventory
$708K Median Sale Price
101% Median Sale vs List Price
24 Avg Days on Market
LISTINGS FOR SALE VS SOLD LISTINGS
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 1,500 1,000 500 0
SINGLE FAMILY HOMES
COUNTY AUGUST 2022 - AUGUST 2023 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 600 400 200 0
ALAMEDA
Single Family Homes
The median sales price has increased from $1.21 Million in August 2022 to $1.25 Million in August 2023
Condos & Townhomes
The median sales price has decreased from $720k last August 2022 to $708k in August 2023
Single Family Homes
The average days on market was 23 days last August 2022 and has decreased slightly to 19 days in August 2023
Condos & Townhomes
The average days on market last August 2022 was 26 days and has decreased slightly to 24 days in August 2023
Single Family Homes
The overbid percentage was 104% in August 2022 and has increased to 107% in August 2023
Condos & Townhomes
The overbid percentage has stayed at 101% in August 2022 and a year later in August 2023
A V G D A Y S O N M A R K E T Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023 $1,500,000 $1,000,000 $500,000 $0 O V E R B I D S M E D I A N S A L E S P R I C E
ALAMEDA COUNTY | AUGUST 2023 Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 50 40 30 20 10 0 Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
San Francisco County
What's in the San Francisco data?
San Francisco's median sold price for single-family homes decreased slightly month-tomonth from $1.45 Million in July 2023 to $1.57 Million in August 2023. The number of homes sold was 149 while the number of new listings was 259. The median price for condos/ townhouses was $1.10 Million with 273 new listings and 150 homes sold.
This data is sourced from MLS for the period 8/2022 thru 8/2023 Data may include preliminary data and may vary from the time this data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Silicon City Each Office is independently owned and operated
273 New Listings
150 Sold Listings
4.0 Months of Inventory
$1.10M Median Sale Price
99% Median Sale vs List Price
55 Avg Days on Market
San Francisco at a glance
CONDOS & TOWNHOMES
LISTINGS FOR SALE VS SOLD LISTINGS
Last
CONDOS
Last 12 months, year-over-year
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 500 400 300 200 100 0 SINGLE FAMILY HOMES
year-over-year
12 months,
SAN FRANCISCO AUGUST 2022 - AUGUST 2023 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 1,000 750 500 250 0
Single Family Homes
The median sales price has decreased from $1.61 Million in August 2022 to $1.57 Million in August 2023
Condos & Townhomes
The median sales price has increased from $1 05 Million last August 2022 to $1 10 Million in August 2023
Single Family Homes
The average days on market was 25 days last August 2022 and is now up to 32 days in August 2023
Condos & Townhomes
The average days on market last August 2022 was 50 days and is now up to 55 days in August 2023
Single Family Homes
The overbid percentage is down from 108% last August 2022 to now 107% in August 2023
Condos & Townhomes
The overbid percentage has gone down from 101% last August 2022 to 99% a year later in August 2023
A V G D A Y S O N M A R K E T Aug2022Sept2022Oct2022Nov2022Dec2022Jan2023Feb2023March2023Apr2023May2023Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 O V E R B I D S M E D I A N S A L E S P R I C E
SAN FRANCISCO COUNTY | AUGUST 2023 Aug2022Sept2022Oct2022Nov2022Dec2022 Jan2023Feb2023March2023Apr2023May2023 Jun2023 Jul2023Aug2023 80 60 40 20 0 Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
This data is sourced from MLS for the period 8/2022 thru 8/2023. Data may include preliminary data and may vary from the time this data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Silicon City Each Office is independently owned and operated
