JUNE
BAY AREA |
2023 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 decreased slightly from last month, $1.75 Million in May 2023 to $1.80 Million in June 2023. The number of homes sold was 799 while the number of new listings was 891. The median price for condos/ townhouses is at $1.03 Million with 409 new listings and 312 homes sold.
891 New Listings
799 Sold Listings
1.0 Months of Inventory
$1.80M Median Sale Price
105% Median Sale vs List Price 17 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 6/2022 thru 6/2023 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 KW Silicon City Each Office is independently owned and operated
409 New Listings
312 Sold Listings
1.1 Months of Inventory
$1.03 M Median Sale Price
103.7% Median Sale vs List Price
18
Avg Days on Market
Santa Clara at a glance
CONDOS & TOWNHOMES
Last
Last
Jun2022 July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2022 March2023 April2023 May2023 Jun2023 1,500 1,000 500 0
FAMILY HOMES
SINGLE
12
year-over-year
months,
CONDOS
SANTA CLARA COUNTY | JUNE 2022 - JUNE 2023 June2022 Jul2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 April2023 May2023 Jun2023 750 500 250 0
12 months, year-over-year LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price is the same year over year in June 2022 and June 2023 at 1 8 Million
Condos & Townhomes
The median sales price has increased from June 2022 at $965k to June 2023 at $1 Million
Single Family Homes
The average days on market has gone up from 14 days last June 2022 to 17 days in June 2023
Condos & Townhomes
The average days on market last June 2022 was 13 days and has increased to 18 days in June 2023
Single Family Homes
The overbid percentage has slightly decreased from 106% in June 2022 to now 105% in June 2023
Condos & Townhomes
The overbid percentage has gone down from 105% last June 2022 to 103% a year later in June 2023
A V G D A Y S O N M A R K E T Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $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 | JUNE 2023
Jun2022July2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 40 30 20 10 0
Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 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 increased month-to-month from $1.86 Million in May 2023 to $1.95 Million in June 2023. The number of homes sold was 371 while the number of new listings was 457. The median price for condos/ townhouses was $982k with 139 new listings and 114 homes sold.
457 New Listings
371 Sold Listings
1.4 Months of Inventory
$1.95M 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 6/2022 thru 6/2023 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 KW Silicon City Each Office is independently owned and operated
CONDOS & TOWNHOMES
139 New Listings
114 Sold Listings
1.6 Months of Inventory
$982K Median Sale Price
102% Median Sale vs List Price
18 Avg Days on Market
glance
San Mateo at a
Last
Last 12 months, year-over-year
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun23 750 500 250 0 SINGLE FAMILY HOMES
12 months, year-over-year CONDOS
SAN MATEO COUNTY JUNE 2022 - JUNE 2023 Jun2022 July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 Apr2023 May2023 Jun2023 300 200 100 0
LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price has decreased with June 2022 at $2 04 Million to June 2023 at $1 95 Million
Condos & Townhomes
The median sales price has increased from $940k last June 2022 to $982k in June 2023
Single Family Homes
The average days on market is up from 14 days last June 2022 to 21 days in June 2023
Condos & Townhomes
The average days on market last June 2022 is the same as June 2023 at 18 days
Single Family Homes
The overbid percentage has gone down from 109% last June 2022 to now 103% in June 2023
Condos & Townhomes
The overbid percentage has gone down from 103% last June 2022 to 102% a year later
A V G D A Y S O N M A R K E T Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,500,000 $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 | JUNE 2023 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Alameda County
What's in the Alameda data?
Alameda’s median sold price for single-family homes increased slightly month-to-month from $1.26 Million in May 2023 to $1.30 Million in June 2023. The number of homes sold was 678 while the number of new listings was 885. The median price for condos/ townhouses was $727k with 364 new listings and 224 homes sold.
885 New Listings
678 Sold Listings
1.1 Months of Inventory
$1.30M Median Sale Price 109% Median Sale vs List Price 16 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 6/2022 thru 6/2023 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 KW Silicon City Each Office is independently owned and operated
LISTINGS FOR SALE VS SOLD LISTINGS
ALAMEDA COUNTY JUNE 2022 - JUNE 2023
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 2,000 1,500 1,000 500 0
SINGLE FAMILY HOMES
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 750 500 250 0
Single Family Homes
The median sales price has decreased from $1.40 Million in June 2022 to $1.30 Million in June 2023
Condos & Townhomes
The median sales price has slightly decreased from $780k last June 2022 to $727k in June 2023
Single Family Homes
The average days on market was 14 days last June 2022 and is now up to 16 days in June 2023
Condos & Townhomes
The average days on market last June 2022 was 18 days and is now up to 21 days in June 2023
Single Family Homes
The overbid percentage is down from 114% last June 2022 to now 109% in June 2023
Condos & Townhomes
The overbid percentage has gone down from 105% last June 2022 to 103% a year later in June 2023
A V G D A Y S O N M A R K E T Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $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 | JUNE 2023 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 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 $1.63 Million in May 2023 to $1.59 Million in June 2023. The number of homes sold was 200 while the number of new listings was 225. The median price for condos/ townhouses was $1.16 Million with 279 new listings and 168 homes sold.
This data is sourced from MLS for the period 6/2022 thru 6/2023 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 KW Silicon City Each Office is independently owned and operated
279 New Listings
168 Sold Listings
3.8 Months of Inventory
$1.16M Median Sale Price
100% Median Sale vs List Price
47 Avg Days on Market
San Francisco at a glance
CONDOS & TOWNHOMES
Last
CONDOS
Last 12 months, year-over-year
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 500 400 300 200 100 0 SINGLE FAMILY HOMES
12 months, year-over-year
SAN FRANCISCO JUNE 2022 - JUNE 2023 Jun2022 July2022 Aug2022 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 1,250 1,000 750 500 250 0
LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price has decreased from $1.88 Million in June 2022 to $1.59 Million in June 2023
Condos & Townhomes
The median sales price has decreased from $1 26 Million last June 2022 to $1 15 Million in June 2023
Single Family Homes
The average days on market was 16 days last June 2022 and is now up to 24 days in June 2023
Condos & Townhomes
The average days on market last June 2022 was 36 days and is now up to 47 days in June 2023
Single Family Homes
The overbid percentage is down from 116% last June 2022 to now 108% in June 2023
Condos & Townhomes
The overbid percentage has gone down from 105% last June 2022 to 100% a year later in June 2023
A V G D A Y S O N M A R K E T Jun2022July2022Aug2022Sept2022Oct2022Nov2022Dec2022Jan2023Feb2023March2023Apr2023May2023Jun2023 $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 | JUNE 2023 Jun2022July2022Aug2022Sept2022Oct2022Nov2022Dec2022 Jan2023Feb2023March2023Apr2023May2023 Jun2023 80 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
data is sourced from MLS for the period 06/2022 thru 06/2023. 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 KW Silicon City Each Office is independently owned and operated
This
