Market Update
Bay Area | November 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 $1.68 Million in November 2023 to $1.92 Million in November 2024. The number of homes sold was 701 while the number of new listings was 503. The median price for condos/ townhouses is at $1.04 Million with 276 new listings and 307 homes sold.
503 New Listings 0.9 Months of Inventory
Median Sale Price
Median Sale vs List Price
Avg Days on Market 701 Sold Listings
SINGLE FAMILY HOMES
276 New Listings
307 Sold Listings
1.6 Months of Inventory
$1.04M
Median Sale Price
101%
Median Sale vs List Price
31
Avg Days on Market
SINGLE FAMILY HOMES
Last 12 months, year-over-year
Last 12 months, year-over-year
Single Family Homes
The median sales price increased year over year, from $1.68 million in November 2023 to $1.92 million in November 2024.
Condos & Townhomes
The median sales price increased year-over-year from $932.5K in November 2023 to $1.04 million in November 2024.
Single Family Homes
The average days on market increased to 20 days in November 2023 and 22 days in November 2024
Condos & Townhomes
The average days on market in November 2023 was 22 days and increased to 31 days in November 2024
Single Family Homes
The overbid percentage has increased from 103 8% in November 2023 to now 105 3% in November 2024
Condos & Townhomes
The overbid percentage in November 2023 was 101 9% and decreased to 101 1% in November 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 $1.71 Million in November 2023 to $1.9 Million in November 2024. The number of homes sold was 302 while the number of new listings was 238. The median price for condos/ townhouses was $884K with 76 new listings and 98 homes sold.
238 New Listings
302 Sold Listings
1.3 Months of Inventory $1.9M
Median Sale Price 104.7%
Median Sale vs List Price
24
Avg Days on Market
SINGLE FAMILY HOMES
CONDOS & TOWNHOMES
76 New Listings
98 Sold Listings San Mateo
2.2 Months of Inventory
$884K
Median Sale Price
100.3%
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
Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024Jun2024 Jul2024Aug2024Sept2024Oct2024Nov2024
Single Family Homes
The median sales price has increased from $1 71 million in November 2023 to $2.03 million in November 2024.
Condos & Townhomes
The median sales price has decreased from $925K last November 2023 to $884K in November 2024
Single Family Homes
The average days on market was 25 in November 2023 and has decreased to 24 in November 2024.
Condos & Townhomes
The average days on market last November 2023 was 44 and gone up to 61 days in November 2024
Single Family Homes
The overbid percentage was 102 8% in November 2023 and is now 104 7% in November 2024
Condos & Townhomes
The overbid percentage was 98 9% in November 2023 has increased to 100 3% in November 2024
Alameda County
What's in the Alameda data?
Alameda’s median sold price for single-family homes slightly increased month-to-month from $1.23 Million in November 2023 to $1.28 Million in November 2024. The number of homes sold was 623 while the number of new listings was 452. The median price for condos/ townhouses was $755K with 190 new listings and 168 homes sold.
623 Sold Listings
452 New Listings 1.3 Months of Inventory $1.28M Median Sale Price 105.8% Median Sale vs List Price
26 Avg Days on Market
190 New Listings
168 Sold Listings
3.3 Months of Inventory
$755K
Median Sale Price
101.1%
Median Sale vs List Price
CONDOS & TOWNHOMES
37
Avg Days on Market
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Jul2024Aug2024Sept2024Oct2024Nov2024
Single Family Homes
The median sales price has increased from $1.23 Million in November 2023 to $1.28 Million in November 2024
Condos & Townhomes
The median sales price has increased from $695K last November 2023 to $755K in November 2024
Single Family Homes
The average days on market was 20 days last November 2023 and has increased to 26 days in November 2024
Condos & Townhomes
The average days on market last November 2023 was 28 days and has increased to only 37 days in November 2024
Single Family Homes
The overbid percentage was 106 5% in November 2023 and has slightly decreased to 105 8% in November 2024
Condos & Townhomes
The overbid percentage was 101 4% last November 2023 and has slightly decreased to 101 1% in November 2024
San Francisco County
What's in the San Francisco data?
San Francisco's median sold price for single-family homes was $1.53 Million in November 2023 and increased to $1.57Million in November 2024. The number of homes sold was 207 while the number of new listings was 128. The median price for condos/ townhouses was $1.1Million with 129 new listings and 185 homes sold.
207 Sold Listings
128 New Listings 1.3 Months of Inventory $1.57M Median Sale Price 109.6%
Median Sale vs List Price
29 Avg Days on Market
San Francisco at a
129 New Listings
185 Sold Listings
3.5 Months of Inventory
$1.1M
Median Sale Price 99.1%
Median Sale vs List Price
63 Avg Days on Market
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024Jun2024 Jul2024Aug2024Sept2024Oct2024Nov2024
Single Family Homes
The median sales price has increased from $1 53 million in November 2023 to $1 57million in November 2024
Condos & Townhomes
The median sales price has increased from $1 13 million last November 2023 to $1 1 Million in November 2024
Single Family Homes
The average days on market was 31 days last November 2023 and is now 29 days in November 2024
Condos & Townhomes
The average days on market last November 2023 was 54 days and is now at 63 days in November 2024
Single Family Homes
The overbid percentage is up from 105 9% last November 2023 to now 109 6% in November 2024
Condos & Townhomes
The overbid percentage last November 2023 was 100,1% and decreased to 99.1% in November 2024
This data is sourced from MLS for the period 12/2023 thru 12/2024. 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