June 2025 Market Report Palo Alto Area

Page 1


Palo Alto area

Palo Alto Los Altos

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Redwood City

Jump to Redwood City Report

Portola Valley

Jump to Portola Valley Report

Menlo Park

Jump to Menlo Park Report

Atherton

Jump to Atherton Report

Jump to Los Altos Report

San Jose

Jump to San Jose Report

Mountain View

Jump to Mountain View Report

San Mateo County

Jump to San Mateo County Report

Santa Clara County

Jump to Santa Clara County Report

Monterey County

Jump to Monterey County Report

Santa Cruz County

Jump to Santa Cruz County Report

East Palo Alto

Jump to East Palo Alto Report

Sunnyvale

Jump to Sunnyvale Report

Santa Clara City

Jump to Santa Clara City Report

Saratoga

Jump to Saratoga Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

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.

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ProjectSpotlight:

ANENBERG-ESSERT FAMILYADUIN CAMPBELL

Enhancing Property Value and Family Living Space with an Acton ADU

The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.

GoalsandVision

The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence

Design and Construction Details

Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:

Vaulted Ceilings

Creates a spacious, open atmosphere

Senior-Friendly Living

Safe, independent space for elderly family members

Fully Equipped Kitchen

Modern amenities for everyday convenience

Open Living Area

Multipurpose area for relaxation and entertainment

Results and Impact

The completion of the Anenberg-Essert ADU led to several valuable outcomes:

Increased Property Value

The ADU addition significantly boosted property value

Flexible Living Space

A versatile space for family, guests, or as a rental

Modern Comforts

High-end finishes and amenities enhance both function and style.

Enhanced Family Living

The ADU enriches the AnenbergEssert family’s home with both privacy and connection

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

PaloAlto

What's in the Palo Alto data?

There were 53 single-family homes for sale, providing 1.4 months of inventory. There were 49 new listings, and 41 homes sold at a median price of $4.1m. The median overbid percentage was at 104%, with an average of 15 days on the market.

There were 27 condo and townhome units for sale, providing 2.5 months of inventory. There were 12 new listings and 8 units sold at a median sale price of $1.4m. The median overbid percentage was at 98%, with an average of 33 days on the market.

Single-Family Homes

49 New Listings

41 Sold Listings

1.4 Months of Inventory

$4.1M Median Sale Price

104%

Median Sale vs List

15 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

12

New Listings

8

Sold Listings

2.5

Months of Inventory

$1.4M

Median Sale Price 98%

Median Sale vs List

33 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 6m last May 2024, to $4 1m as of May 2025

Condos & Townhomes

The median sale price has remained the same from $1 4m last May 2024, to $1 4m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last May 2024, to 15 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 20 days in May 2024, to 33 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last May 2024, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last May 2024, to 98% a year later.

Redwood City

What's in the Redwood City data?

There were 65 single-family homes for sale, providing 1.3 months of inventory. There were 57 new listings, and 36 homes sold at a median price of $2.3m. The median overbid percentage was at 101%, with an average of 13 days on the market

There were 27 condo and townhome units for sale, providing 2.5 months of inventory. There were 16 new listings and 9 units sold at a median sale price of $1.3m. The median overbid percentage was at 99%, with an average of 27 days on the market.

Single-Family Homes

57 New Listings

36 Sold Listings

1.3 Months of Inventory

$2.3M Median Sale Price

101%

Median Sale vs List

13 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

16

New Listings

9

Sold Listings

2.5

Months of Inventory

$1.3M

Median Sale Price 99%

Median Sale vs List

27

Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 32m last May 2024, to $2 31m as of May 2025

Condos & Townhomes

The median sale price has increased from $1 2m last May 2024, to $1 3m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last May 2024, to 13 days as of May 2025

Condos & Townhomes

The average time spent on the market went down from 33 days in May 2024, to 27 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 105% last May 2024, to 101% a year later

Condos & Townhomes

The overbid percentage has increased from 98% last May 2024, to 99% a year later.

Portola Valley

What's in the Portola Valley data?

There were 26 single-family homes for sale, providing 3.3 months of inventory. There were 14 new listings, and 4 homes sold at a median price of $6.5m. The median overbid percentage was at 107%, with an average of 20 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

14 New Listings

4 Sold Listings

3.3 Months of Inventory

$6.5M Median Sale Price

107%

Median Sale vs List

20 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

No data available for May 2025.

No data for this month.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 4m last May 2024, to $6 5m as of May 2025

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 14 days last May 2024, to 20 days as of May 2025

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 96% last May 2024, to 107% a year later

Condos & Townhomes

No data for this month

MenloPark

What's in the Menlo Park data?

There were 40 single-family homes for sale, providing 1.2 months of inventory. There were 46 new listings, and 26 homes sold at a median pric of $3.6m. The median overbid percentage was at 100%, with an average of 24 days on the market.

There were 15 condo and townhome units for sale, providing 3 months of inventory. There were 9 new listings and 8 units sold at a median sale price of $1.4m. The median overbid percentage was at 97%, with an average of 52 days on the market.

46 New Listings

26 Sold Listings

1.2 Months of Inventory

$3.6M Median Sale Price

100% Median Sale vs List

24 Avg Days on Market

9

New Listings

8

Sold Listings

3

Months of Inventory

$1.4M

Median Sale Price 97%

Median Sale vs List 52 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 3m last May 2024, to $3 6m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1 6m last May 2024, to $1 4m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last May 2024, to 24 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 27 days in May 2024, to 52 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 96% last May 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last May 2024, to 97% a year later.

Atherton

What's in the Atherton data?

There were 15 single-family homes for sale, providing 1.7 months of inventory. There were 16 new listings, and 7 homes sold at a median price of $8.6m. The median overbid percentage was at 106%, with an average of 9 days on the market.

There was no data for condo and townhouse units for this month.

Single-Family Homes

16 New Listings

7 Sold Listings

1.7 Months of Inventory

$8.6M Median Sale Price

106%

Median Sale vs List

9 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for May 2025.

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $10m last May 2024, to $8 6m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1 3m last May 2024, to $0 as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last May 2024, to 9 days as of May 2025

Condos & Townhomes

The average time spent on the market went down from 11 days in May 2024, to 0 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last May 2024, to 106% a year later

Condos & Townhomes

The overbid percentage has decreased from 104% last May 2024, to 0% a year later.

Lo

What's

There we providing new listin of $4.5m 107%, wit

There we sale, prov were 8 ne sale price percentag days on t

37 New Listings

28 Sold Listings

0.9 Months of Inventory

$4.5M Median Sale Price

107% Median Sale vs List

13 Avg Days on Market

single-family homes, May 2025. This gathered. All data Advisors Palo Alto

Condo & Townhomes

8

New Listings

5

Sold Listings

1.6

Months of Inventory

$2.1M

Median Sale Price 98%

Median Sale vs List

23

Avg Days on Market

LosAltos

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4 3m last May 2024, to $4 5m as of May 2025

Condos & Townhomes

The median sale price has decreased from $2 2m last May 2024, to $2 1m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 12 days last May 2024, to 13 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 17 days in May 2024, to 23 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 104% last May 2024, to 107% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last May 2024, to 98% a year later.

SanJo

What's in the

There were 510 single providing 1.3 months new listings, and 332 price of $1.7m. The m was at 103%, with an market.

There were 365 condo sale, providing 2 7 mo were 243 new listings median sale price of $ percentage was at 10 days on the market.

564 New Listings

s

332 Sold Listings

1.3 Months of Inventory

$1.7M Median Sale Price

103%

Median Sale vs List

16 Avg Days on Market

Graphix, includes all single-family homes, from May 2024 to May 2025. This time the data was gathered. All data 511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Tow

243

New Listings

117

Sold Listings

2.7

Months of Inventory $870K

Median Sale Price 100%

Median Sale vs List 19 Avg Days on Market

r2025

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 78m last May 2024, to $1 77m as of May 2025

Condos & Townhomes

The median sale price has decreased from $930k last May 2024, to $870k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 12 days last May 2024, to 16 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 15 days in May 2024, to 19 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109% last May 2024, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 105% last May 2024, to 100% a year later.

Moun View

What's in the data?

There were 19 singleproviding 0.7 months new listings, and 31 h of $2.7m. The median 104%, with an average

There were 54 condo sale, providing 1.7 mo were 48 new listings a sale price of $1.4m. T percentage was at 10 days on the market.

34 New Listings

s

31 Sold Listings

0.7 Months of Inventory

$2.7M Median Sale Price

104% Median Sale vs List

15 Avg Days on Market

Graphix, includes all single-family homes, from May 2024 to May 2025. This time the data was gathered. All data 511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

48

New Listings

28 Sold Listings

1.7

Months of Inventory

$1.4M

Median Sale Price

102%

Median Sale vs List

23 Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has remained the same from $2 7m last May 2024, to $2 7m as of May 2025

Condos & Townhomes

The median sale price has increased from $1 3m last May 2024, to $1 4m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last May 2024, to 15 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 10 days in May 2024, to 23 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 108% last May 2024, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 107% last May 2024, to 102% a year later.

SanM Coun

What's in the data?

There were 613 single providing 2 months of new listings, and 378 price of $2m. The med at 103 8%, with an ave market.

There were 327 condo sale, providing 3.4 mo were 152 new listings median sale price of $ percentage was at 10 days on the market

549

New Listings

378 Sold Listings

2 Months of Inventory

$2M Median Sale Price

103.8%

Median Sale vs List

19 Avg Days on Market

Graphix, includes all single-family homes, from May 2024 to May 2025. This time the data was gathered. All data 511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

152

New Listings

3.4

Sold Listings

Months of Inventory $925K

Median Sale Price 100%

Median Sale vs List 31 Avg Days on Market 101

SanMateo

MAY 2024 - MAY 2025 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 3m last May 2024, to $2m as of May 2025

Condos & Townhomes

The median sale price has decreased from $927k last May 2024, to $925k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last May 2024, to 19 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 26 days in May 2024, to 31 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 106 3% last May 2024, to 103 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.4% last May 2024, to 100% a year later.

SantaClara County

What's in the Santa Clara County data?

There were 1,179 single-family homes for sale, providing 1.7 months of inventory. There were 1,187 new listings, and 759 homes sold at a median price of $2.1m. The median overbid percentage was at 102 3%, with an average of 17 days on the market.

There were 809 condo and townhome units for sale, providing 2.8 months of inventory. There were 539 new listings and 288 units sold at a median sale price of $981k. The median overbid percentage was at 100.1%, with an average of 25 days on the market

Single-Family Homes

1,187 New Listings

759 Sold Listings

1.7 Months of Inventory

$2.1M Median Sale Price

102.3%

Median Sale vs List

17 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

539

New Listings

288

Sold Listings

2.8

Months of Inventory

$981K

Median Sale Price

100.1%

Median Sale vs List

25 Avg Days on Market

SantaClaraCounty

MAY 2024 - MAY 2025

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last May 2024, to $2 1m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1m last May 2024, to $981k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 14 days last May 2024, to 17 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 15 days in May 2024, to 25 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 7% last May 2024, to 102 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.1% last May 2024, to 100.1% a year later.

Monterey County

What's in the Monterey County data?

There were 428 single-family homes for sale, providing 2.8 months of inventory. There were 214 new listings, and 135 homes sold at a median price of $905k. The median overbid percentage was at 95%, with an average of 40 days on the market.

There were 73 condo and townhome units for sale, providing 3.2 months of inventory. There were 27 new listings and 14 units sold at a median sale price of $678k. The median overbid percentage was at 96%, with an average of 67 days on the market

Single-Family Homes

214 New Listings

135 Sold Listings

2.8 Months of Inventory

$905K

Median Sale Price

95%

Median Sale vs List

40 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

27

New Listings

14

Sold Listings

3.2

Months of Inventory $678K

Median Sale Price 96%

Median Sale vs List 67 Avg Days on Market

MontereyCounty

MAY 2024 - MAY 2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1m last May 2024, to $905k as of May 2025

Condos & Townhomes

The median sale price has increased from $670k last May 2024, to $678k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last May 2024, to 40 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 48 days in May 2024, to 67 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 95% last May 2024, to 95% a year later

Condos & Townhomes

The overbid percentage has decreased from 98% last May 2024, to 96% a year later.

SantaCruz County

What's in the Santa Cruz County data?

There were 437 single-family homes for sale, providing 3.1 months of inventory. There were 274 new listings, and 122 homes sold at a median price of $1.3m. The median overbid percentage was at 98%, with an average of 25 days on the market

There were 119 condo and townhome units for sale, providing 3.7 months of inventory. There were 55 new listings and 32 units sold at a median sale price of $781k. The median overbid percentage was at 96%, with an average of 49 days on the market.

Single-Family Homes

274 New Listings

122 Sold Listings

3.1 Months of Inventory

$1.3M

Median Sale Price

98%

Median Sale vs List

25 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from May 2024 to May 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

55

New Listings

32 Sold Listings

3.7

Months of Inventory

$781K

Median Sale Price 96%

Median Sale vs List 49 Avg Days on Market

SantaCruzCounty

MAY 2024 - MAY 2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 36m last May 2024, to $1 35m as of May 2025

Condos & Townhomes

The median sale price has increased from $730k last May 2024, to $781k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last May 2024, to 25 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 27 days in May 2024, to 49 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99% last May 2024, to 98% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last May 2024, to 96% a year later.

gle-Family Homes

11 New Listings

11 Sold Listings

2.2 Months of Inventory

$1M Median Sale Price

99%

Median Sale vs List

18 Avg Days on Market

data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, and townhomes in the California Area above from May 2024 to May 2025. This include preliminary data, and may vary from the time the data was gathered. All data deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Sold Listings

New Listings 1 Month of Inventory $0 Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $925k last May 2024, to $1m as of May 2025

Condos & Townhomes

The median sale price has decreased from $635k last May 2024, to $0 as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last May 2024, to 18 days as of May 2025

Condos & Townhomes

The average time spent on the market went down from 30 days in May 2024, to 0 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last May 2024, to 99% a year later

Condos & Townhomes

The overbid percentage has decreased from 94% last May 2024, to 0% a year later.

Sunn

What's in the

There were 48 single providing 1 month of new listings, and 50 h of $2.6m. The media 106%, with an averag

There were 61 condo sale, providing 1.8 m were 42 new listings sale price of $1.2m. T percentage was at 10 days on the market.

67 New Listings

50 Sold Listings

1 Month of Inventory

$2.6M Median Sale Price

106%

Median Sale vs List

13 Avg Days on Market

Graphix, includes all single-family homes, from May 2024 to May 2025. This time the data was gathered. All data 511642. Copyright KW Advisors Palo Alto

42

New Listings

24 Sold Listings

1.8

Months of Inventory

$1.2M

Median Sale Price

101%

Median Sale vs List

22 Avg Days on Market

Sunnyvale

-

2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 61m last May 2024, to $2 68m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1 28m last May 2024, to $1 2m as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 7 days last May 2024, to 13 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 12 days in May 2024, to 22 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 114% last May 2024, to 106% a year later

Condos & Townhomes

The overbid percentage has decreased from 106% last May 2024, to 101% a year later.

Santa City

What's in the data?

There were 36 single providing 0.8 month new listings, and 42 of $1.8m. The media 106%, with an avera

There were 60 cond sale, providing 2.4 m were 31 new listings sale price of $845k. percentage was at 9 days on the market.

59 New Listings

42 Sold Listings

0.8 Months of Inventory

$1.8M Median Sale Price

106% Median Sale vs List

15 Avg Days on Market

Graphix, includes all single-family homes, above from May 2024 to May 2025. This the time the data was gathered. All data 511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

31

New Listings

28 Sold Listings

2.4

Months of Inventory

$845K Median Sale Price

Median Sale vs List 30 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 1m last May 2024, to $1 8m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1 3m last May 2024, to $845k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last May 2024, to 15 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 13 days in May 2024, to 30 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 113% last May 2024, to 106% a year later

Condos & Townhomes

The overbid percentage has decreased from 109% last May 2024, to 97% a year later.

Saratoga

What's in the Saratoga data?

There were 37 single-family homes for sale, providing 1.6 months of inventory. There we new listings, and 32 homes sold at a median of $4.4m. The median overbid percentage w 102%, with an average of 14 days on the ma

There were 18 condo and townhome units fo sale, providing 3.6 months of inventory. Ther were 15 new listings and 4 units sold at a me sale price of $913k. The median overbid percentage was at 100%, with an average of days on the market.

e-Family Homes

36 New Listings

32 Sold Listings

1.6 Months of Inventory

$4.4M Median Sale Price

102% Median Sale vs List

14 Avg Days on Market

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from May 2024 to May 2025. This preliminary data, and may vary from the time the data was gathered. All data reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

15 New Listings

3.6 Months of Inventory

4 Sold Listings

MAY 2024 - MAY 2025

amily Homes months, year-over-year.

& Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4m last May 2024, to $4 4m as of May 2025

Condos & Townhomes

The median sale price has decreased from $1 3m last May 2024, to $913k as of May 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last May 2024, to 14 days as of May 2025

Condos & Townhomes

The average time spent on the market went up from 15 days in May 2024, to 33 days as of May 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107% last May 2024, to 102% a year later

Condos & Townhomes

The overbid percentage has decreased from 104% last May 2024, to 100% a year later.

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June 2025 Market Report Palo Alto Area by Procasa Technologies, Inc - Issuu