BAY AREA | SEPTEMBER 2023 Market Update
San Francisco
Alameda
Santa Clara San Mateo
Santa Clara County
What's in the Santa Clara data?
Santa Clara’s median sold price for single-family homes increased from last month, $1.83 Million in August 2023 to $1.84 Million in July 2023. The number of homes sold was 603 while the number of new listings was 844. The median price for condos/ townhouses is at $1.02M with 419 new listings and 264 homes sold.
844 New Listings
603 Sold Listings
1.4 Months of Inventory
$1.84M Median Sale Price 105% Median Sale vs List Price 20 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 9/2022 thru 9/2023 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
419 New Listings
264 Sold Listings
1.6 Months of Inventory
$1.02M Median Sale Price
103% Median Sale vs List Price
17 Avg Days on Market
Santa Clara at a glance
CONDOS & TOWNHOMES
Last 12 months,
Last
Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2022 March2023 April2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 1,250 1,000 750 500 250 0
FAMILY HOMES
SINGLE
year-over-year
CONDOS
SANTA CLARA COUNTY | SEPTEMBER 2022 - SEPTEMBER 2023 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 April2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 600 400 200 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 65 Million in September 2022 to $1 84 Million in September 2023
Condos & Townhomes
The median sales price increased year over year from $920K in September 2022 to $1.02M in September 2023.
Single Family Homes
The average days on market has gone down from 26 days last September 2022 to 20 days in September 2023
Condos & Townhomes
The average days on market last September 2022 was 29 days and has decreased to 17 days in September 2023
Single Family Homes
The overbid percentage has increased from 100% in September 2022 to now 105% in September 2023
Condos & Townhomes
The overbid percentage has slightly increased from 100% last September 2022 to 103% a year later in September 2023
A V G D A Y S O N M A R K E T Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023Sept2023 $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 | SEPTEMBER 2023
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sept2023 40 30 20 10 0
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 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 stayed the same month-to-month from $1.80 Million in August 2023 to $1.83 Million in September 2023. The number of homes sold was 307 while the number of new listings was 527. The median price for condos/ townhouses was $895K with 143 new listings and 88 homes sold.
527 New Listings
307 Sold Listings
1.9 Months of Inventory
$1.83M Median Sale Price 103% Median Sale vs List Price 24 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 9/2022 thru 9/2023 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
143 New Listings
88 Sold Listings
2 Months of Inventory
$895K Median Sale Price
100% Median Sale vs List Price
34 Avg Days on Market
CONDOS & TOWNHOMES
glance
San Mateo at a
LISTINGS FOR SALE VS SOLD LISTINGS
Last
Last 12 months, year-over-year
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 750 500 250 0 SINGLE FAMILY HOMES
12 months, year-over-year CONDOS
SAN MATEO COUNTY SEPTEMBER 2022 - SEPTEMBER 2023 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 March2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 300 200 100 0
Single Family Homes
The median sales price has increased from $1 75 Million last September 2022 to $1 83 Million in September 2023
Condos & Townhomes
The median sales price has decreased from $910k last September 2022 to $895k in September 2023
Single Family Homes
The average days on market is slightly down from 29 days last September 2022 to 24 days in September 2023
Condos & Townhomes
The average days on market last September 2022 was 38 and is now 34 in September 2023
Single Family Homes
The overbid percentage was 100% in September 2022 and is now 103% in September 2023
Condos & Townhomes
The overbid percentage has stayed the same from September 2022 to September 2023 at 100%
A V G D A Y S O N M A R K E T Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023Sep2023 $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 | SEPTEMBER 2023 Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 60 40 20 0 Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 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 $1.25 Million in August 2023 to $1.30 Million in September 2023. The number of homes sold was 620 while the number of new listings was 970. The median price for condos/ townhouses was $730k with 324 new listings and 200 homes sold.
970 New Listings
620 Sold Listings
1.6 Months of Inventory
$1.30M Median Sale Price 108% Median Sale vs List Price 18 Avg Days on Market
SINGLE FAMILY HOMES
This data is sourced from MLS for the period 9/2022 thru 9/2023 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
Alameda at a glance
CONDOS & TOWNHOMES
324 New Listings
200 Sold Listings
2.4 Months of Inventory
$730K Median Sale Price
102% Median Sale vs List Price
25 Avg Days on Market
LISTINGS FOR SALE VS SOLD LISTINGS
ALAMEDA COUNTY SEPTEMBER 2022 - SEPTEMBER 2023
SINGLE FAMILY HOMES
Last 12 months, year-over-year
CONDOS
Last 12 months, year-over-year
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 1,500 1,000 500 0
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sept2023 600 400 200 0
Single Family Homes
The median sales price has increased from $1.20 Million in September 2022 to $1.30 Million in September 2023
Condos & Townhomes
The median sales price has increased from $720k last September 2022 to $730k in September 2023
Single Family Homes
The average days on market was 28 days last September 2022 and has decreased to 18 days in September 2023
Condos & Townhomes
The average days on market last September 2022 was 29 days and has decreased slightly to 25 days in September 2023
Single Family Homes
The overbid percentage was 103% in September 2022 and has increased to 108% in September 2023
Condos & Townhomes
The overbid percentage has was 100% last September 2022 and has increased to 102% in September 2023
A V G D A Y S O N M A R K E T Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023Aug2023Sept2023 $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 | SEPTEMBER 2023 Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sept2023 50 40 30 20 10 0 Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sept2023 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 has stayed consistent month-tomonth at $1.57 Million in August 2023 and $1.57 Million in September 2023. The number of homes sold was 142 while the number of new listings was 390. The median price for condos/ townhouses was $1.11 Million with 474 new listings and 149 homes sold.
Mon $ Me Median Sa Avg This data is sourced from MLS for the period 9/2022 thru 9/2023 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
474 New Listings
149 Sold Listings
5.3 Months of Inventory
$1.11M Median Sale Price
98% Median Sale vs List Price
53 Avg Days on Market
San Francisco at a glance
CONDOS & TOWNHOMES
Last
CONDOS
Last 12 months, year-over-year
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 500 400 300 200 100 0 SINGLE FAMILY HOMES
12 months, year-over-year
SAN FRANCISCO SEPTEMBER 2022 - SEPTEMBER 2023 Sept2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 1,000 750 500 250 0
LISTINGS FOR SALE VS SOLD LISTINGS
Single Family Homes
The median sales price has decreased from $1.65 Million in September 2022 to $1.57 Million in September 2023
Condos & Townhomes
The median sales price has decreased from $1 19 Million last September 2022 to $1 11 Million in September 2023
Single Family Homes
The average days on market was 27 days last September 2022 and is now up to 28 days in September 2023
Condos & Townhomes
The average days on market last September 2022 was 54 days and is now up to 53 days in September 2023
Single Family Homes
The overbid percentage is down from 108% last September 2022 to now 107% in September 2023
Condos & Townhomes
The overbid percentage has gone down from 100% last September 2022 to 98% a year later in September 2023
A V G D A Y S O N M A R K E T Sept2022Oct2022Nov2022Dec2022Jan2023Feb2023March2023Apr2023May2023Jun2023 Jul2023Aug2023Sep2023 $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 | SEPTEMBER 2023 Sept2022Oct2022Nov2022Dec2022 Jan2023Feb2023March2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 80 60 40 20 0 Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 125% 100% 75% 50% 25% 0%
This data is sourced from MLS for the period 9/2022 thru 9/2023. 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
