Market Update
BAY AREA | APRIL 2024
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 $1.90 Million in March 2024 to $2.00 Million in April 2024. The number of homes sold was 811 while the number of new listings was 1,286. The median price for condos/ townhouses is at $1.08M with 600 new listings and 358 homes sold.
1,286 New Listings
811 Sold Listings
1.2 Months of Inventory $2.00M
Median Sale Price 110%
Median Sale vs List Price
13
Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 4/2023 thru 4/2024 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 KW Santa Clara Valley and KW Thrive Each Office is independently owned and operated
600 New Listings
358 Sold Listings
1.4 Months of Inventory
$1.08M
Median Sale Price
106%
Median Sale vs List Price
16
Avg Days on Market
CONDOS
Santa Clara at a glance
& TOWNHOMES
SINGLE FAMILY HOMES
Last 12 months, year-over-year CONDOS
Last 12 months, year-over-year
0 200 400 600 800 1000 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
LISTINGS FOR SALE VS SOLD LISTINGS
0 100 200 300 400 500 600 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
SANTA CLARA COUNTY | APRIL 2023 - APRIL 2024
Single Family Homes
The median sales price increased year over year from $1 77 Million in April 2023 to $1 99 Million in April 2024
Condos & Townhomes
The median sales price increased year over year from $926K in April 2023 to $1.08M in April 2024
Single Family Homes
The average days on market has gone down from 19 days last April 2023 to only 13 days in April 2024
Condos & Townhomes
The average days on market last April 2023 was 20 days and has decreased to only 16 days in April 2024
Single Family Homes
The overbid percentage has increased from 104% in April 2023 to now 110% in April 2024
Condos & Townhomes
The overbid percentage has slightly increased from 103% last April 2023 to 106% a year later in April 2024
A V G D A Y S O N M A R K E T $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023Jun2023 Jul2023Aug2023Sept2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024 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 | APRIL 2024
0 10 20 30 40
Jun2023 Jul2023Aug2023Sept2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024
Apr2023May2023
00% 200% 400% 600% 800% 1000% 1200%
Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024
San Mateo County
What's in the San Mateo data?
San Mateo's median sold price for single-family homes increased month-to-month from $1.99 Million in March 2024 to $2.05 Million in April 2024. The number of homes sold was 335 while the number of new listings was 502. The median price for condos/ townhouses was $977K with 167 new listings and 104 homes sold.
502 New Listings 1.5 Months of Inventory $2.05M
Median Sale Price 107%
Median Sale vs List Price
Avg Days on Market 335 Sold Listings
SINGLE FAMILY HOMES
18
This data is sourced from MLS for the period 4/2023 thru 4/2024 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 KW Santa Clara Valley and KW Thrive Each Office is independently owned and operated
CONDOS & TOWNHOMES
167 New Listings
104 Sold Listings
2.2 Months of Inventory
$977K
Median Sale Price
103%
Median Sale vs List Price
23
Avg Days on Market
glance
San Mateo at a
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
0 100 200 300 400 500 600 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
LISTINGS FOR SALE VS SOLD LISTINGS
0 50 100 150 200 250 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
SAN MATEO COUNTY APRIL 2023 - APRIL 2024
Single Family Homes
The median sales price has increased from $1 79 Million last April 2023 to $2.05 Million in April 2024
Condos & Townhomes
The median sales price has increased from $857K last April 2023 to $977K in April 2024
Single Family Homes
The average days on market was 24 in April 2023 and has slightly decreased to 18 in April 2024
Condos & Townhomes
The average days on market last April 2023 was 33 and has decreased to only 23 in April 2024
Single Family Homes
The overbid percentage was 102% in April 2023 and is now 107% in April 2024
Condos & Townhomes
The overbid percentage was 101% in April 2023 and increased to 102% in April 2024
A V G D A Y S O N M A R K E T $0 $500,000
$1,500,000
Apr2023May2023Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024 O V E R B I D S M E D I A N S A L E S P R I C E
$1,000,000
$2,000,000 $2,500,000
SAN MATEO COUNTY | APRIL 2024 0 10 20 30 40 50 60 70 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 00% 200% 400% 600% 800% 1000% 1200% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024
Alameda County
What's in the Alameda data?
Alameda’s median sold price for single-family homes increased month-to-month from $1.40 Million in March 2024 to $1.40 Million in April 2024. The number of homes sold was 699 while the number of new listings was 1,140. The median price for condos/ townhouses was $750K with 428 new listings and 229 homes sold.
1,140 New Listings
699 Sold Listings
1.3 Months of Inventory
$1.40M
Median Sale Price
110%
Median Sale vs List Price
16
Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 4/2023 thru 4/2024 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 KW Santa Clara Valley and KW Thrive Each Office is independently owned and operated
CONDOS & TOWNHOMES
428 New Listings
229 Sold Listings
2.2 Months of Inventory
$750K
Median Sale Price
103%
Median Sale vs List Price
24
Avg Days on Market
Alameda at a glance
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
0 200 400 600 800 1000 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
LISTINGS FOR SALE VS SOLD LISTINGS
0 100 200 300 400 500 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
ALAMEDA COUNTY APRIL 2023 - APRIL 2024
Single Family Homes
The median sales price has increased from $1.22 Million in April 2023 to $1.40 Million in April 2024
Condos & Townhomes
The median sales price has increased from $685k last March 2023 to $750k in April 2024
Single Family Homes
The average days on market was 19 days last April 2023 and has remained at 16 days in April 2024
Condos & Townhomes
The average days on market last April 2023 was 24 days and has decreased to only 24 days in April 2024
Single Family Homes
The overbid percentage was 108% in April 2023 and has increased to 110% in April 2024
Condos & Townhomes
The overbid percentage was 102% last April 2023 and has increased to 103% in April 2024
A V G D A Y S O N M A R K E T $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr2023May2023Jun2023 Jul2023Aug2023Sept2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024 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 | APRIL 2024 0 10 20 30 40 50 Apr2023May2023 Jun2023 Jul2023Aug2023Sept2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 00% 200% 400% 600% 800% 1000% 1200% Apr2023May2023 Jun2023 Jul2023Aug2023Sept2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024
San Francisco County
What's in the San Francisco data?
San Francisco's median sold price for single-family homes was $1.73 Million in March 2024 and increased to $1.77 Million in April 2024. The number of homes sold was 224 while the number of new listings was 293. The median price for condos/ townhouses was $1.13 Million with 354 new listings and 220 homes sold.
This data is sourced from MLS for the period 4/2023 thru 4/2024 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 KW Santa Clara Valley and KW Thrive Each Office is independently owned and operated
San Francisco at a
354 New Listings
220 Sold Listings
3.1 Months of Inventory
$1.13M
Median Sale Price
101%
Median Sale vs List Price
51 Avg Days on Market
& TOWNHOMES
glance CONDOS
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
0 100 200 300 400 500 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
LISTINGS FOR SALE VS SOLD LISTINGS
0 200 400 600 800 1000 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024
SAN FRANCISCO ARIL 2023 - APRIL 2024
Single Family Homes
The median sales price has increased from $1 57 Million in April 2023 to $1 77 Million in April 2024
Condos & Townhomes
The median sales price has decreased from $1 20 Million last April 2023 to $1 13 Million in April 2024
Single Family Homes
The average days on market was 30 days last April 2023 and is now 22 days in April 2024
Condos & Townhomes
The average days on market last April 2023 was 54 days and is now at 51 days in April 2024
Single Family Homes
The overbid percentage is up from 107% last April 2023 to now 113% in April 2024
Condos & Townhomes
The overbid percentage last April 2023 was 100% and increased to 101% in April 2024
A V G D A Y S O N M A R K E T $0 $500,000 $1,000,000 $1,500,000 $2,000,000
O V E R B I D S M E D I A N S A L E S P R I C E
Apr2023May2023Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024
SAN FRANCISCO COUNTY | APRIL 2024 0 20 40 60 80 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 00% 200% 400% 600% 800% 1000% 1200%
Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024
Apr2023May2023
This data is sourced from MLS for the period 4/2023 thru 4/2024. 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
Williams Santa Clara Valley Each Office is independently owned and operated