BAY AREA | AUGUST 2024
Santa Clara
San Mateo
Alameda
San Francisco
What's in the Santa Clara data?
Santa Clara’s median sold price for single-family homes decreased from $1.83 Million in August 2023 to $1.83 Million in August 2024. The number of homes sold was 766 while the number of new listings was 923. The median price for condos/ townhouses is at $1.01 Million with 467 new listings and 301 homes sold.
923 New Listings
766 Sold Listings
1.2 Months of Inventory $1.83M
Median Sale Price 104.9%
Median Sale vs List Price 18
Avg Days on Market
467 New Listings
301 Sold Listings
2.0 Months of Inventory
$1.01M
Median Sale Price
101.7%
Median Sale vs List Price
24 Avg Days on Market
SANTA CLARA COUNTY | AUGUST 2023 - AUGUST 2024
SINGLE FAMILY HOMES
Last 12 months, year-over-year
Last 12 months, year-over-year
Aug2023Sept2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024Jun2024July2024Aug2024
Single Family Homes
The median sales price stayed the same year over year, $1 83 Million in August 2023 to $1.83 Million in August 2024
Condos & Townhomes
The median sales price increased year over year from $950K in August 2023 to $1.01M in August 2024
Single Family Homes
The average days on market stayed the same, from 18 days in August 2023 to 18 days in August 2024
Condos & Townhomes
The average days on market in August 2023 was 19 days and increased to 24 days in August 2024
Single Family Homes
The overbid percentage has decreased from 105 1% in August 2023 to now 104 9% in August 2024
Condos & Townhomes
The overbid percentage in August 2023 was 103 2% and decreased to 101 7% in August 2024
San Mateo County
What's in the San Mateo data?
San Mateo's median sold price for single-family homes decreased month-to-month from $1.79 Million in August 2023 to $1.78 Million in August 2024. The number of homes sold was 333 while the number of new listings was 440. The median price for condos/ townhouses was $910k with 149 new listings and 101 homes sold.
440 New Listings
333 Sold Listings
1.5 Months of Inventory
$1.78M
Median Sale Price 105%
Median Sale vs List Price 24
Avg Days on Market
SINGLE FAMILY HOMES
CONDOS & TOWNHOMES
149 New Listings
101 Sold Listings San Mateo at a
2.6 Months of Inventory
$910K
Median Sale Price
101%
Median Sale vs List Price
37
Avg Days on Market
SAN MATEO COUNTY AUGUST 2023 - AUGUST 2024
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Aug2023Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024Jun2024Jul2024Aug2024
Single Family Homes
The median sales price has stayed the same, $1 78 Million last August 2023 to $1.78 Million in August 2024
Condos & Townhomes
The median sales price has decreased from $1 05M last August 2023 to $910K in August 2024
Single Family Homes
The average days on market was 27 in August 2023 and has decreased to 24 in August 2024
Condos & Townhomes
The average days on market last August 2023 was 45 and gone down to 37 days in August 2024
Single Family Homes
The overbid percentage was 103 3 % in August 2023 and is now 105 3% in August 2024
Condos &
Townhomes
The overbid percentage was 100 6% in August 2023 and has increased slightly to 100 8% in August 2024
Alameda County
What's in the Alameda data?
Alameda’s median sold price for single-family homes slightly decreased month-to-month from $1.25 Million in August 2023 to $1.24 Million in August 2024. The number of homes sold was 690 while the number of new listings was 969. The median price for condos/ townhouses was $702.5Kwith 376 new listings and 222 homes sold.
690 Sold Listings
969 New Listings 1.6 Months of Inventory $1.24M Median Sale Price
Median Sale vs List Price 23 Avg Days on Market
SINGLE FAMILY HOMES
376 New Listings
222 Sold Listings
2.7 Months of Inventory
$702.5K
Median Sale Price
101%
Median Sale vs List Price
CONDOS & TOWNHOMES
32
Avg Days on Market
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Aug2023Sept2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024Jun2024 Jul2024Aug2024
Single Family Homes
The median sales price has decreased from $1.25 Million in August 2023 to $1.24 Million in August 2024
Condos & Townhomes
The median sales price has decreased from $715k last August 2023 to $702 5k in August 2024
Single Family Homes
The average days on market was 20 days last August 2023 and has slightly increased to 23 days in August 2024
Condos & Townhomes
The average days on market last August 2023 was 24 days and has increased to only 32 days in August 2024
Single Family Homes
The overbid percentage was 108% in August 2023 and has slightly decreased to 106% in August 2024
Condos & Townhomes
The overbid percentage was 102% last August 2023 and has slightly decreased to 101% in August 2024
San Francisco County
What's in the San Francisco data?
San Francisco's median sold price for single-family homes was $1.58 Million in August 2023 and decreased to $1.53 Million in August 2024. The number of homes sold was 163 while the number of new listings was 200. The median price for condos/ townhouses was $1.03 Million with 248 new listings and 161 homes sold.
163 Sold Listings
200 New Listings 1.4 Months of Inventory $1.53M
Median Sale Price 111%
Median Sale vs List Price 31
Avg Days on Market
SINGLE FAMILY HOMES
San Francisco at a
248 New Listings
161 Sold Listings
3.9 Months of Inventory
$1.03M
Median Sale Price
100%
Median Sale vs List Price
61
Avg Days on Market
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Single Family Homes
The median sales price has decreased from $1 58 Million in August 2023 to $1 53 Million in August 2024
Condos & Townhomes
The median sales price has decreased from $1 1 Million last August 2023 to $1 03 Million in August 2024
Single Family Homes
The average days on market was 34 days last August 2023 and is now 31 days in August 2024
Condos & Townhomes
The average days on market last August 2023 was 54 days and is now at 61 days in August 2024
Single Family Homes
The overbid percentage is up from 107% last August 2023 to now 111% in August 2024
Condos & Townhomes
The overbid percentage last August 2023 was 100% and remains the same of 100% in August 2024
This data is sourced from MLS for the period 9/2023 thru 9/2024. 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 Thrive and Keller