Joseph Karakas - June 2025 Market Update

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KW Bay Area Estates

LosGatos/MonteSereno

Jump to Los Gatos/Monte Sereno Report

Jump to Cambrian (San Jose) Report Cambrian(SanJose)

Jump to Saratoga Report Saratoga

Jump to Santa Clara County Report SantaClaraCounty

Jump to Almaden Valley (San Jose) Report Almaden Valley (San Jose)

Jump to Blossom Valley (San Jose) Report BlossomValley(SanJose)

Jump to Campbell Report Campbell

Jump to Cupertino Report Cupertino

Jump to Los Altos Report LosAltos

Jump to Santa Teresa (San Jose) Report Santa Teresa (San Jose)

Jump to Santa Clara City Report SantaClaraCity

Jump to South San Jose Report SouthSanJose

Jump to Sunnyvale Report Sunnyvale

Jump to Willow Glen (San Jose) Report WillowGlen(SanJose)

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Los Gatos/Monte Ser

The market for Single Family Homes, Condo, and Townhomes units saw 35 closed sales at a median price of $3m. There was a total of 53 new listings with an average of 34 days on the market without price reduction and with an average price per square foot of $1,276.

What's in the Los Gatos/Monte Sereno data?

2025

53

$1,276

Average Price Per SqFt -7% Year-over-Year -4 4% Year-over-Year

35

$3M Median Sale Price -23.9% Year-over-Year -6 6% Year-over-Year

34 $112M Total Volume +47.8% Year-over-Year -28% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision New Listings

39 New Listings

25 Closed Sales

28 Average Days-on-Market $1,459

Average Price Per SqFt $3.6M

Median Sale Price

$100.9M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

49 Average Days-on Market

$1.2M Median Sale Price

10 Closed Sales

$819 Average Price Per SqFt

$11.9M Total Volume

Luxury Listings for Sale

Cambrian (San Jose)

What's in

The market for Single Family Homes, Condo, and Townhomes units saw 41 closed sales at a median price of $1.8m. There was a total of 72 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,194.

the Cambrian (San Jose) data?

June 2025

New Listings Closed Sales

72

+20% Year-over-Year

Average Price Per SqFt

$1,194

+2.4% Year-over-Year

41

$1.8M Median Sale Price -4.7% Year-over-Year

+6 2% Year-over-Year

Average Days-on-Market

17

$79.5M Total Volume +41.7% Year-over-Year -1 3% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

39 Closed Sales

14 Average Days-on-Market $1,222 Average Price Per SqFt $1.9M Median Sale Price

$77.9M

Total Volume

Data

69 Average Days-on Market

$802K Median Sale Price

2 Closed Sales

$654 Average Price Per SqFt

$1.6M Total Volume

Saratoga

What's in the Saratoga data?

The market for Single Family Homes, Condo, and Townhomes units saw 27 closed sales at a median price of $4.7m. There was a total of 29 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $1,408.

29

$1,408 Average Price Per SqFt -23.7% Year-over-Year -1 4% Year-over-Year

27

$4.7M Median Sale Price -12.9% Year-over-Year +19 2% Year-over-Year

25 $128.2M Total Volume -7.4% Year-over-Year +2 7% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Condo & Townhomes

7 New Listings

1 Closed Sale

0 Average Days-on Market

$2.2M Median Sale Price

$1,012 Average Price Per SqFt

$2.2M Total Volume

Luxury Listings for Sale

Santa Clara County

The market for Single Family Homes, Condo, and Townhomes units saw 1,137 closed sales at a median price of $1.7m. There was a total of 1,586 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $1,112.

What's in the Santa Clara County data?

New Listings Closed Sales Average Days-on-Market

1,586

+7% Year-over-Year

Average Price Per SqFt

$1,112

+1 7% Year-over-Year

1,137

$1.7M Median Sale Price -3% Year-over-Year

+5 5% Year-over-Year

21 $2.4B Total Volume +31.3% Year-over-Year

+3 2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Single Family Homes

1,075

New Listings

18 Average Days-on-Market

$2M

Median Sale Price

833 Closed Sales

$1,226

Average Price Per SqFt

$2B Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

Condo & Townhomes

29 Average Days-on Market

$947K Median Sale Price

304 Closed Sales

$801 Average Price Per SqFt

$330M Total Volume

Luxury Listings for Sale

Almaden Valley (San

What's in the Almaden

The market for Single Family Homes, Condo, and Townhomes units saw 29 closed sales at a median price of $2.3m. There was a total of 36 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $968.

Valley (San Jose) data?

36

+5.9% Year-over-Year

$968 Average Price Per SqFt

-3 4% Year-over-Year

29

$2.3M Median Sale Price 0% Year-over-Year +12 1% Year-over-Year

17

$67.7M Total Volume +41.7% Year-over-Year +14% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Condo & Townhomes

5 New Listings

17 Average Days-on Market

$1.3M Median Sale Price

4 Closed Sales

$775 Average Price Per SqFt

$5.5M Total Volume

Blossom Valley (San

What's in the Blossom

The market for Single Family Homes, Condo, and Townhomes units saw 79 closed sales at a median price of $1.4m. There was a total of 83 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $834.

Valley (San Jose) data?

June 2025

83

Average Price Per SqFt -11.7% Year-over-Year

$834 New Listings

-8 3% Year-over-Year

79

$1.4M Closed Sales Median Sale Price -2.5% Year-over-Year -4 4%Year-over-Year

19 $105.1M Average Days-on-Market

Total Volume +58.3% Year-over-Year -4 3% Year-over-Year

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings The most recent month’s data is based on available numbers, but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

20 Average Days-on Market

$740K Median Sale Price

20 Closed Sales

$669 Average Price Per SqFt

$14.3M Total Volume

Luxury Listings for Sale

Campbell

What's in the Campbell data?

The market for Single Family Homes, Condo, and Townhomes units saw 35 closed sales at a median price of $1.7m. There was a total of 49 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,086.

49

$1,086 Average Price Per SqFt +2.1% Year-over-Year -6 5% Year-over-Year 35 $1.7M Median Sale Price -20.5% Year-over-Year -6 8% Year-over-Year

16 $57.8M Total Volume 0% Year-over-Year -28 3% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

15 Average Days-on-Market $1,305 Average Price Per SqFt $2M Median Sale Price 21 Closed Sales

$44.4M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

18 Average Days-on Market

$925K Median Sale Price

14 Closed Sales

$758 Average Price Per SqFt

$13.4M Total Volume

Cupertino

What's in the Cupertino data?

The market for Single Family Homes, Condo, and Townhomes units saw 35 closed sales at a median price of $3.1m. There was a total of 33 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $1,466.

33

$1,466 Average Price Per SqFt -23.3% Year-over-Year

-8 2% Year-over-Year 35

$3.1M Median Sale Price +2.9% Year-over-Year +22 1% Year-over-Year

21

$97.4M Total Volume +50% Year-over-Year

+9 2% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

SqFt

$83.7M Total Volume

17 Average Days-on Market

$1.2M Median Sale Price

&

10 Closed Sales

$1,008 Average Price Per SqFt

$13.6M Total Volume

Luxury Listings for Sale

Los Altos

What's in the Los Altos data?

The market for Single Family Homes, Condo, and Townhomes units saw 50 closed sales at a median price of $4.4m. There was a total of 44 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,863.

44

+29.4% Year-over-Year

Average Price Per SqFt

$1,863

+2 3% Year-over-Year

50

$4.4M Median Sale Price +61.3% Year-over-Year

+1 7% Year-over-Year

23 $219.4M Total Volume +35.3% Year-over-Year

+71 9% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Listings

12 Average Days-on-Market

$4.9M

Median Sale Price

39 Closed Sales

$1,984

Average Price Per SqFt

$200.8M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

Condo & Townhomes

10 New Listings

11 Closed Sales

60 Average Days-on Market

$1.8M Median Sale Price

$1,437 Average Price Per SqFt

$18.5M Total Volume

Luxury Listings for Sale

Santa Teresa (San Jo

What's in the Santa

The market for Single Family Homes, Condo, and Townhomes units saw 29 closed sales at a median price of $1.3m. There was a total of 37 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $772.

Teresa (San Jose) data?

2025

37

-7.5% Year-over-Year

$772 Average Price Per SqFt

-5% Year-over-Year

29

$1.3M Median Sale Price +16% Year-over-Year +1 9% Year-over-Year

25 $36.3M Total Volume +92.3% Year-over-Year +8 6% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

34 Average Days-on Market

$873K Median Sale Price

10 Closed Sales

$641 Average Price Per SqFt

$8.4M Total Volume

Luxury Listings for Sale

Santa Clara City

What's in the Santa

The market for Single Family Homes, Condo, and Townhomes units saw 70 closed sales at a median price of $1.7m. There was a total of 88 new listings with an average of 20 days on the market without price reduction and with an average price per square foot of $1,148.

Clara City data?

June 2025

88

+11.4% Year-over-Year

Average Price Per SqFt

$1,148 New Listings

+2 9% Year-over-Year

70

+2.9% Year-over-Year

Median Sale Price

$1.7M Closed Sales

+5 9% Year-over-Year

Average Days-on-Market

20

+17.7% Year-over-Year

Total Volume

$125.8M

+15 6% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

64 New Listings

15

Average Days-on-Market

$2M

Median Sale Price

48 Closed Sales

$1,315

Average Price Per SqFt

$99.8M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

31 Average Days-on Market

$1.2M Median Sale Price

22 Closed Sales

$781 Average Price Per SqFt

$26M Total Volume

Luxury Listings for Sale

South San Jose

What's in the South San

The market for Single Family Homes, Condo, and Townhomes units saw 37 closed sales at a median price of $998k There was a total of 48 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $709.

Jose data?

June 2025

48

-29.4% Year-over-Year

Average Price Per SqFt

$709 New Listings

-5% Year-over-Year

37

$998K Closed Sales Median Sale Price -27.5% Year-over-Year -9 3% Year-over-Year

27 $35M Average Days-on-Market Total Volume -68.8% Year-over-Year -35% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

Sales

35 Average Days-on Market

$630K Median Sale Price

17 Closed Sales

$605 Average Price Per SqFt

$11.8M Total Volume

Luxury Listings for Sale

Nodatatodispla

Sunnyvale

What's in the Sunnyvale data?

The market for Single Family Homes, Condo, and Townhomes units saw 86 closed sales at a median price of $1.8m. There was a total of 106 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,287.

June 2025

106

-7.8% Year-over-Year

Average Price Per SqFt

$1,287 New Listings

-0 9% Year-over-Year

86

$1.8M Closed Sales Median Sale Price +6.2% Year-over-Year -0 1% Year-over-Year

Average Days-on-Market

17

Total Volume +70% Year-over-Year +4 4% Year-over-Year

$178.6M

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

60 New Listings

52 Closed Sales

12 Average Days-on-Market

$2.6M

Median Sale Price

$1,539

Average Price Per SqFt

$136.4M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

Condo & Townhomes

46 New Listings

25 Average Days-on Market

$1.3M Median Sale Price

34 Closed Sales

$900 Average Price Per SqFt

$42.1M Total Volume

Willow Glen (San Jos

What's

The market for Single Family Homes, Condo, and Townhomes units saw 60 closed sales at a median price of $1.9m. There was a total of 79 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,125.

in the Willow Glen (San Jose) data?

June 2025

79

-8.1% Year-over-Year

Average Price Per SqFt

$1,125 New Listings

+4 4% Year-over-Year

60

Median Sale Price -6.3% Year-over-Year

$1.9M Closed Sales

-5% Year-over-Year

Average Days-on-Market

17

Total Volume +13.3% Year-over-Year

$129.6M

-3 9% Year-over-Year

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings The most recent month’s data is based on available numbers but may change with late reported activity Data from sources deemed reliable but may contain errors and are subject to revision

64 New Listings

17

Average Days-on-Market

$2M

Median Sale Price

55 Closed Sales

$1,164

Average Price Per SqFt

$124.1M

Total Volume

Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but may change with late reported activity. Data from sources deemed reliable but may contain errors and are subject to revision.

15 New Listings

26 Average Days-on Market

$875K Median Sale Price

5 Closed Sales

$693 Average Price Per SqFt

$4.4M Total Volume

Dedicated to Success

Being an independently owned and operated franchise of Keller Williams, KW Bay Area Estates has the position as the Bay Area’s foremost luxury real estate services firm with the execution of best-in-class customer service. KWBAE’s unparalleled team consists of more than 250 associates and professionals strategically located in Los Gatos and Saratoga. Under the same ownership, we have our division of KW Commercial South Bay.

With uncompromising principles, KW Bay Area Estates has established a new standard of excellence within the industry. The company’s growth has been strategic and exciting. Since its inception, the team has successfully represented more than 10,000 transactions, totalling more than $13 billion in closed sales volume.

Dedicated to upholding unparalleled standards for integrity and client care, they strive to create a culture where agents thrive while developing their own businesses to their maximum potential. KW Bay Area Estates has distributed to their associates over $2.7 million in profit share.

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