Market Update
BAY AREA | JULY 2023
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 decreased slightly from last month, $1.80 Million in June 2023 to $1.77 Million in July 2023. The number of homes sold was 616 while the number of new listings was 760. The median price for condos/ townhouses is at $956K with 390 new listings and 258 homes sold.
760 New Listings
616 Sold Listings
1.2 Months of Inventory
$1.77M Median Sale Price
105% Median Sale vs List Price 16 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 7/2022 thru 7/2023 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 Thrive or KW Santa Clara Valley Each Office is independently owned and operated
390 New Listings
258 Sold Listings
1.4 Months of Inventory
$956K Median Sale Price
102% Median Sale vs List Price
23 Avg Days on Market
Santa Clara at a glance
CONDOS & TOWNHOMES
Last
Last
July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2022 March2023 April2023 May2023 Jun2023 Jul2023 1,500 1,000 500 0
FAMILY HOMES
SINGLE
12 months, year-over-year
CONDOS
SANTA CLARA COUNTY | JULY 2022 - JULY 2023 Jul2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 April2023 May2023 Jun2023 Jul2023 750 500 250 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 72 Million in July 2022 to $1 77 Million in July 2023
Condos & Townhomes
The median sales price increased year over year from $946K in July 2022 to $956K in July 2023
Single Family Homes
The average days on market has gone down from 21 days last July 2022 to 16 days in July 2023
Condos & Townhomes
The average days on market last July 2022 was 21 days and has slightly increased to 23 days in July 2023
Single Family Homes
The overbid percentage has increased from 101% in July 2022 to now 105% in July 2023
Condos & Townhomes
The overbid percentage has slightly increased from 101% last July 2022 to 102% a year later in July 2023
A V G D A Y S O N M A R K E T Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $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 | JULY 2023
July2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 40 30 20 10 0
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 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 decreased month-to-month from $1.95 Million in June 2023 to $1.80 Million in July 2023. The number of homes sold was 281 while the number of new listings was 372. The median price for condos/ townhouses was $927k with 122 new listings and 89 homes sold.
372 New Listings
281 Sold Listings
1.7 Months of Inventory
$1.80M Median Sale Price 103% Median Sale vs List Price 21 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 7/2022 thru 7/2023 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 Thrive or KW Santa Clara Valley Each Office is independently owned and operated
122 New Listings
89 Sold Listings
2 Months of Inventory
$927K Median Sale Price
102% Median Sale vs List Price
32 Avg Days on Market
CONDOS & TOWNHOMES
glance
San Mateo at a
Last
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 750 500 250 0 SINGLE FAMILY HOMES
12 months, year-over-year CONDOS
SAN MATEO COUNTY JULY 2022 - JULY 2023 July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 Apr2023 May2023 Jun2023 Jul2023 300 200 100 0
LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price has stayed the same from July 2022 to July 2023 at $1 80 Million
Condos & Townhomes
The median sales price has increased from $895k last July 2022 to $927k in July 2023
Single Family Homes
The average days on market is slightly up from 20 days last July 2022 to 21 days in July 2023
Condos & Townhomes
The average days on market last July 2022 was 24 and is now 32 in July 2023
Single Family Homes
The overbid percentage has stayed the same from July 2022July 2023 at 103%
Condos & Townhomes
The overbid percentage has gone up slightly from 101% in July 2022 to 102% in July 2023
A V G D A Y S O N M A R K E T Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $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 | JULY 2023 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 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 $1.30 Million in June 2023 to $1.26 Million in July 2023. The number of homes sold was 619 while the number of new listings was 846. The median price for condos/ townhouses was $735k with 313 new listings and 207 homes sold.
846 New Listings
619 Sold Listings
1.3 Months of Inventory
$1.26M Median Sale Price 109% Median Sale vs List Price 17 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 7/2022 thru 7/2023 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 Thrive or KW Santa Clara Valley Each Office is independently owned and operated
313 New Listings
207 Sold Listings
2.0 Months of Inventory
$735K Median Sale Price
103% Median Sale vs List Price
19 Avg Days on Market
glance
TOWNHOMES
Alameda at a
CONDOS &
LISTINGS FOR SALE VS SOLD LISTINGS
ALAMEDA COUNTY JULY 2022 - JULY 2023
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2,000 1,500 1,000 500 0
SINGLE FAMILY HOMES
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 750 500 250 0
Single Family Homes
The median sales price has decreased from $1.31 Million in July 2022 to $1.26 Million in July 2023
Condos & Townhomes
The median sales price has increased from $725k last July 2022 to $735k in July 2023
Single Family Homes
The average days on market was 18 days last July 2022 and has decreased slightly to 17 days in July 2023
Condos & Townhomes
The average days on market last July 2022 was 18 days and has increased slightly to 19 days in July 2023
Single Family Homes
The overbid percentage is the same from July 2022 and July 2023 at 109%
Condos & Townhomes
The overbid percentage has slightly increased from 102% last July 2022 to 103% a year later in July 2023
A V G D A Y S O N M A R K E T Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $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 | JULY 2023 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 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 $1.59 Million in June 2023 to $1.45 Million in July 2023. The number of homes sold was 157 while the number of new listings was 192. The median price for condos/ townhouses was $1.16 Million with 217 new listings and 139 homes sold.
This data is sourced from MLS for the period 7/2022 thru 7/2023 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 Thrive or KW Santa Clara Valley Each Office is independently owned and operated
217 New Listings
139 Sold Listings
4.5 Months of Inventory
$1.16M Median Sale Price
100% Median Sale vs List Price
49 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
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 500 400 300 200 100 0 SINGLE FAMILY HOMES
year-over-year
12 months,
SAN FRANCISCO JULY 2022 - JULY 2023 July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 1,000 750 500 250 0
Single Family Homes
The median sales price has decreased from $1.66 Million in July 2022 to $1.45 Million in July 2023
Condos & Townhomes
The median sales price has decreased from $1 22 Million last July 2022 to $1 16 Million in July 2023
Single Family Homes
The average days on market was 20 days last July 2022 and is now up to 29 days in July 2023
Condos & Townhomes
The average days on market last July 2022 was 45 days and is now up to 49 days in July 2023
Single Family Homes
The overbid percentage is down from 110% last July 2022 to now 108% in July 2023
Condos & Townhomes
The overbid percentage has gone down from 102% last July 2022 to 100% a year later in July 2023
A V G D A Y S O N M A R K E T July2022Aug2022Sept2022Oct2022Nov2022Dec2022Jan2023Feb2023March2023Apr2023May2023Jun2023 Jul2023 $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 | JULY 2023 Jul2022Aug2022Sept2022Oct2022Nov2022Dec2022 Jan2023Feb2023March2023Apr2023May2023 Jun2023 Jul2023 80 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
This data is sourced from MLS for the period 7/2022 thru 7/2023. 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
Thrive and Keller Williams Santa Clara Valley Each Office is independently owned and operated
