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Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now?
But here’s one thing that doesn’t get enough airtime. Real estate has always been about the long game. And when you look at the big picture, not just the latest clickbait headlines, it’s easy to see why so many people say it’s still the best investment you can make –even now.
The market for Single Family Homes, Condo, and Townhomes units saw 53 closed sales at a median price of $2.7m. There was a total of 62 new listings with an average of 31 days on the market without price reduction and with an average price per square foot of $1,234.
May 2025
62
-4.6% Year-over-Year
Average Price Per SqFt
$1,234
-3 5% Year-over-Year
53
$2.7M Median Sale Price 0% Year-over-Year +5 8% Year-over-Year
31 $147M Total Volume +47.6% 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 New Listings
47 New Listings
30 Average Days-on-Market
$3M
Median Sale Price
38 Closed Sales
$1,384
Average Price Per SqFt
$127.7M
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
34 Average Days-on Market
$1.3M Median Sale Price
15 Closed Sales $19.2M Total Volume
$855 Average Price Per SqFt
What's
The market for Single Family Homes, Condo, and Townhomes units saw 45 closed sales at a median price of $1.9m. There was a total of 82 new listings with an average of 13 days on the market without price reduction and with an average price per square foot of $1,173.
May 2025
New Listings Closed Sales
82
+13.9% Year-over-Year
Average Price Per SqFt
$1,173
+2% Year-over-Year
45
$1.9M Median Sale Price -31.8% Year-over-Year
+8 4% Year-over-Year
Average Days-on-Market
13
$89.5M Total Volume +30% Year-over-Year -26 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
71 New Listings
42 Closed Sales
14 Average Days-on-Market $1,207
Average Price Per SqFt $1.9M
Median Sale Price
$87.3M
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.
12 Average Days-on Market
$600K Median Sale Price
3 Closed Sales
$695 Average Price Per SqFt
$2.2M Total Volume
What's in the Saratoga data?
The market for Single Family Homes, Condo, and Townhomes units saw 36 closed sales at a median price of $4.3m. There was a total of 54 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $1,444.
2025
54
+17.4% Year-over-Year -8 9% Year-over-Year
$1,444 Average Price Per SqFt
36 $4.3M Median Sale Price -2.7% Year-over-Year +11 9% Year-over-Year
19 $155.8M Total Volume +72.7% Year-over-Year +3 6% Year-over-Year
38 New Listings
32 Closed Sales
17 Average Days-on-Market $1,510
Average Price Per SqFt
$4.4M
Median Sale Price
$151.7M
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.
33 Average Days-on Market
$912K Median Sale Price
4 Closed Sale
$910 Average Price Per SqFt
$4M Total Volume
The market for Single Family Homes, Condo, and Townhomes units saw 1,060 closed sales at a median price of $1.7m. There was a total of 1,926 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,133.
May 2025
1,926
+5.5% Year-over-Year
Average Price Per SqFt
$1,133
-0 9% Year-over-Year
1,060
$1.7M Median Sale Price -21.1% Year-over-Year +3 1% Year-over-Year
20 $2.2B Total Volume +42.9% Year-over-Year -17 5% 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
1,319
New Listings
18 Average Days-on-Market
$2.1M
Median Sale Price
770
Closed Sales
$1,259
Average Price Per SqFt
$1.9B
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.
600 New Listings
24 Average Days-on Market
$981K Median Sale Price
290 Closed Sales
$797 Average Price Per SqFt
$313M Total Volume
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 25 closed sales at a median price of $2.3m. There was a total of 49 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,042.
2025
49
$1,042 Average Price Per SqFt -7.6% Year-over-Year +5 4% Year-over-Year 25
$2.3M Median Sale Price -47.9% Year-over-Year +0 8% Year-over-Year 17 $55M
6% Year-over-Year
43 New Listings
16 Average Days-on-Market
22 Closed Sales
$1,081
Average Price Per SqFt $2.4M
Median Sale Price
$50.9M
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.
6 New Listings
25 Average Days-on Market
$1.2M Median Sale Price
3 Closed Sales
$756 Average Price Per SqFt
$4.1M Total Volume
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 48 closed sales at a median price of $1.4m. There was a total of 120 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $822.
May 2025
120
+2.6% Year-over-Year
Average Price Per SqFt
$822 New Listings
-8 1% Year-over-Year
48
$1.4M Closed Sales Median Sale Price -44.8% Year-over-Year -8%Year-over-Year
18
Total Volume +63.6% Year-over-Year
$62.6M Average Days-on-Market
-46 8% 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
21 Average Days-on Market
$750K Median Sale Price
15 Closed Sales $10.5M Total Volume
$636 Average Price Per SqFt
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 37 closed sales at a median price of $1.7m. There was a total of 60 new listings with an average of 20 days on the market without price reduction and with an average price per square foot of $1,051.
May 2025
$1,051 Average Price Per SqFt
+5.3% Year-over-Year -10 4% Year-over-Year 37
$1.7M Median Sale Price -9.7% Year-over-Year -6 3% Year-over-Year
20 $65.3M Total Volume +100% Year-over-Year -16 5% Year-over-Year
39 New Listings
21 Average Days-on-Market $1,197
Average Price Per SqFt $2.1M
$52.6M
Total Volume
Median Sale Price 24 Closed Sales
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
$915K Median Sale Price
13 Closed Sales
$780 Average Price Per SqFt
$12.7M Total Volume
What's in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 32 closed sales at a median price of $2.6m. There was a total of 51 new listings with an average of 13 days on the market without price reduction and with an average price per square foot of $1,511.
May 2025
-7.3% Year-over-Year
$1,511 Average Price Per SqFt
-5 1% Year-over-Year
32
$2.6M Median Sale Price -23.8% Year-over-Year +5% Year-over-Year
13 $87M Total Volume 0% Year-over-Year -17 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
Family Homes 35 New Listings
20 Closed Sales
13
Average Days-on-Market
$3.4M
Median Sale Price
$1,732
Average Price Per SqFt
$68.3M
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
12 Closed Sales
15 Average Days-on Market
$1.4M Median Sale Price
$1,143 Average Price Per SqFt
$18.6M Total Volume
What's in the Los
The market for Single Family Homes, Condo, and Townhomes units saw 34 closed sales at a median price of $4.3m. There was a total of 51 new listings with an average of 14 days on the market without price reduction and with an average price per square foot of $1,847.
2025
51
$1,847 Average Price Per SqFt -1.9% Year-over-Year +6 2% Year-over-Year 34 $4.3M Median Sale Price -22.7% Year-over-Year +7 5% Year-over-Year
14 $152.2M Total Volume 0% Year-over-Year -12 9% Year-over-Year
42 New Listings
12 Average Days-on-Market
$4.5M
Median Sale Price
29 Closed Sales
$1,907
Average Price Per SqFt
$141.5M
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.
9 New Listings
5 Closed Sales
23 Average Days-on Market
$2.1M Median Sale Price
$1,498 Average Price Per SqFt
$10.6M Total Volume
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 26 closed sales at a median price of $1.3m. There was a total of 38 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $818.
2025
38
$818 Average Price Per SqFt -9.5% Year-over-Year -3 2% Year-over-Year 26
$1.3M Median Sale Price -18.8% Year-over-Year -2% Year-over-Year
27
$36.8M Total Volume +92.9% Year-over-Year -15 1% Year-over-Year
$32.6M Total Volume
54 Average Days-on Market
$950K Median Sale Price
4 Closed Sales
$644 Average Price Per SqFt
$4.1M Total Volume
What's in the Santa
The market for Single Family Homes, Condo, and Townhomes units saw 74 closed sales at a median price of $1.6m. There was a total of 98 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $1,107.
May 2025
98
Average Price Per SqFt -13.3% Year-over-Year
$1,107 New Listings
-6 5% Year-over-Year
74
$1.6M Closed Sales Median Sale Price -14% Year-over-Year -0 8% Year-over-Year
21 $120.2M Average Days-on-Market Total Volume +90.9%Year-over-Year -20 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
Listings
16 Average Days-on-Market $1,349 Average Price Per SqFt $1.9M
$92.5M
Total Volume
Median Sale Price 45 Closed Sales
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.
35 New Listings
30 Average Days-on Market
$850K Median Sale Price
29 Closed Sales $27.7M Total Volume
$731 Average Price Per SqFt
What's in the South San
The market for Single Family Homes, Condo, and Townhomes units saw 38 closed sales at a median price of $1m There was a total of 73 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $731.
May 2025
73
-4% Year-over-Year
Average Price Per SqFt
$731 New Listings
-0 6 Year-over-Year
38 $1M Closed Sales Median Sale Price -19.2% Year-over-Year -4 8% Year-over-Year
16
$42.6M Average Days-on-Market Total Volume -20% Year-over-Year -16 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
Listings
17 Average Days-on-Market
Average Price Per SqFt $1.1M Median Sale Price 22 Closed Sales
$27.5M
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.
16 Closed Sales
13 Average Days-on Market $641 Average Price Per SqFt
$967K Median Sale Price
$15M Total Volume
What's in the Sunnyvale data?
The market for Single Family Homes, Condo, and Townhomes units saw 78 closed sales at a median price of $2.3m. There was a total of 129 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,322.
May 2025
New Listings
129
-3% Year-over-Year
Average Price Per SqFt
$1,322
-4% Year-over-Year
78
$2.3M Closed Sales
Median Sale Price -17.9% Year-over-Year +22 1% Year-over-Year
17
$169.8M Average Days-on-Market
Total Volume +70% Year-over-Year -14 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
75 New Listings
14 Average Days-on-Market
$2.7M
Median Sale Price
53 Closed Sales
$1,533
Average Price Per SqFt
$140.8M
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.
24 Average Days-on Market
$1.2M Median Sale Price
25 Closed Sales
$876 Average Price Per SqFt
$28.9M Total Volume
What's
The market for Single Family Homes, Condo, and Townhomes units saw 56 closed sales at a median price of $2.1m. There was a total of 91 new listings with an average of 15 days on the market without price reduction and with an average price per square foot of $1,123.
May 2025
New Listings
91
0% Year-over-Year
Average Price Per SqFt
$1,123
+3 7% Year-over-Year
56
$2.1M Closed Sales Median Sale Price -15.2% Year-over-Year
+10 8% Year-over-Year
15 $124.8M Average Days-on-Market
Total Volume +15.4% Year-over-Year -9 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
79 New Listings
15 Average Days-on-Market
$2.1M
Median Sale Price
50 Closed Sales
$1,163
Average Price Per SqFt
$118.9M
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.
17 Average Days-on Market
$1M Median Sale Price
6 Closed Sales
$793 Average Price Per SqFt
$5.8M Total Volume
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.