March 2025 Report
Single Family Homes in Santa Clara County, All Cities, All Neighborhoods Change >
Average Price$2,606,710
+9.1%
Pending Properties647
+25.4%
Sale/List Price Ratio108.5%
-0.9%
Trends at a Glance
| Trends At a Glance |
Mar 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$2,151,000 (+7.6%) |
$2,000,000 |
$1,910,000 (+12.6%) |
| Average Price |
$2,606,710 (+9.1%) |
$2,389,390 |
$2,312,030 (+12.7%) |
| No. of Sales |
600 (+55.4%) |
386 |
587 (+2.2%) |
| Pending |
647 (+25.4%) |
516 |
636 (+1.7%) |
| Active |
779 (+31.8%) |
591 |
440 (+77.0%) |
| Sale vs. List Price |
108.5% (-0.9%) |
109.5% |
109.2% (-0.6%) |
| Days on Market |
13 (-15.4%) |
16 |
16 (-17.9%) |
| Days of Inventory |
39 (-5.8%) |
41 |
22 (+73.2%) |
Market Commentary
The median sales price for single-family, re-sale homes was up 12.6% compared to last year. The median sales price was $2,151,000.
The average sales price for single-family, re-sale homes was up 12.7% year-over-year. The average sales price was $2,606,710.
Sales of single-family, re-sale homes were up 2.2%, year-over-year. There were 600 homes sold in Santa Clara County last month. The monthly average since 2000 is 987.
The sales price to list price ratio fell from 109.5% to 108.5%.
Pending sales were up 1.7% year-over-year. There are 641 homes in escrow.
Inventory of single-family, re-sale homes was up 77% compared to last year. As of April 5th, there were 779 homes for sale in Santa Clara County. The average since January 2000 is 2,703.
Days of Inventory, or how long it would take to sell all homes listed for sale at the current rate of sales, fell from 41 days to 39 days. The average since 2003 is 89.
It took thirteen days to sell a home last month. That is the time from when a home is listed for sale to when it goes into contract.
The median sales price for condos was up 13.4% compared to last March. The median sales price was $1,100,000. The average sales price gained 6.5% year-over-year. The average sales price was $1,131,720.
Condo sales were up 22.4%. There were 300 condos sold in March.
The sales price to list price ratio fell from 104.6% to 103.5%.
Pending sales were down 7.5% year-over-year. There are 295 condos in escrow.
Condo inventory was up 138.1% compared to last March.
As of April 5th, there were 581 condos for sale in Santa Clara County. The average since January 2000 is 757.
Days of inventory rose from fifty-five to fifty-eight.
It took an average of twenty-one days to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.