KW Bay Area Estates
Santa Clara County
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San Mateo County
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What’s your home really worth in today’s market?
That's really 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. At the end of the day, 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?
Contact me for a confidential, no obligation assessment of your home's value.
I can help...
WhyHavingYourOwnAgentMattersWhen BuyingaNewConstructionHome
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you.
But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says:
“Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.”
Here’s how having your own agent is key when you build or buy a new construction home.
Santa Clara County
What's in the Santa Clara County data?
New Listings Closed Sales Average Days-on-Market Overview February 2024
754
21
444 Closed Sales
SFH Single Family Homes
New Listings
Average Days-on-Market $1.1K Average Price Per SqFt $1.8M Median Sale Price
Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from InfoSparks & 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. $929M Total Volume
$774 Average Price Per SqFt 234 Closed Sales $239M Total Volume
Luxury Listings for Sale
Luxury Contracts Signed
Current Year BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR Previous Year Previous Year October November December January February 0 50 100 150 200 October November December January February 0 20 40 60 80 100 120 (+$3,000,000 & Above) 114 81 77 37 54 42 111 80 54 33 38 103 62 33 83 123 86 80 29 166 (+$3,000,000 & Above)
Current Year
NT YEAR $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $ 1 , 5 4 9 , 0 0 0 2022 2022 2022 2023 2023 2023 2023 2023 2024 2024 October November December January February $ 1 , 4 5 2 , 5 0 0 $ 1 , 4 2 5 , 0 0 0 $ 1 , 4 2 5 , 0 0 0 $ 1 , 4 6 0 , 0 0 0 $ 1 , 3 9 0 , 0 0 0 $ 1 , 3 5 0 , 0 0 0 $ 1 , 2 9 9 , 0 0 0 $ 1 , 3 3 1 , 3 3 6 $ 1 , 2 6 0 , 0 0 0 Feb2023Mar2023Apr2023May2023Jun2023Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $ 1 , 2 6 0 , 0 0 0 $ 1 , 4 2 3 , 5 0 0 $ 1 , 5 0 7 , 5 0 0 $ 1 , 5 1 1 , 5 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 0 0 , 0 0 0 $ 1 , 5 2 0 , 0 0 0 $ 1 , 5 2 5 , 0 0 0 $ 1 , 5 4 9 , 0 0 0 $ 1 , 4 5 2 , 5 0 0 $ 1 , 4 2 5 , 0 0 0 $ 1 , 4 2 5 , 0 0 0 $ 1 , 4 6 0 , 0 0 0
e
October November December January February 0 200 400 600 800 1000 1200 703 October November December January February 0 200 400 600 800 1000 October November December January February 0 5 10 15 20 25 30 35 October November December January February 0 200 400 600 800 1000 New Listings Contracts Signed Average Days-on-Market Closed Sales BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR Back to Table of Contents 1,057 933 817 639 472 511 818 27 767 29 667 32 423 35 543 34 922 832 735 512 642 890 19 780 21 663 25 509 29 679 22 746 391 865 1,096 976 373 744 890
San Mateo County
What's in the San Mateo County data?
The market for Single Family Homes, Condo, and Townhomes units saw 288 closed sales at a median price of $1 5M There was a total of 449 new listings with an
449 $1,043 New Listings Average Price Per SqFt +18.8% Year-over-Year 288 $1.5M Closed Sales Median Sale Price +14.7% Year-over-Year 31 $578M Average Days-on-Market Total Volume -18.4% Year-over-Year Overview February 2024
SFH Single Family Homes 314 New Listings 28 Average Days-on-Market $1,137 Average Price Per SqFt $1.8M Median Sale Price 206 Closed Sales Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from InfoSparks & 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. $486M Total Volume
135 New Listings 37 Average Days-on Market $810 Average Price Per SqFt $929K Median Sale Price 82 Closed Sales $92M Total Volume
Luxury Listings for Sale
Luxury Contracts Signed
Current Year Current Year BY MONTH, YEAR-OVER-YEAR Previous Year Previous Year October November December January February 0 20 40 60 80 100 October November December January February 0 10 20 30 40 50 60 BY MONTH, YEAR-OVER-YEAR (+$3,000,000 & Above) 84 57 41 32 47 21 41 24 82 83 76 49 41 18 24 49 36 17 64 66 (+$3,000,000 & Above)
s Price
PREVIOUS YEAR $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $ 1 , 6 5 0 , 0 0 0 2022 2022 2022 2023 2023 2023 2023 2023 2024 2024 October November December January February $ 1 , 5 5 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 5 0 3 , 5 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 2 5 , 0 0 0 $ 1 , 4 5 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 3 2 9 , 0 0 0 $ 1 , 5 6 5 , 0 0 0 Feb2023Mar2023Apr2023May2023Jun2023Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $ 1 , 5 6 5 , 0 0 0 $ 1 , 5 0 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 7 7 , 5 0 0 $ 1 , 6 9 2 , 5 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 6 5 0 , 0 0 0 $ 1 , 5 5 0 , 0 0 0 $ 1 , 4 0 0 , 0 0 0 $ 1 , 5 0 3 , 5 0 0 $ 1 , 5 5 0 , 0 0 0
October November December January February 0 100 200 300 400 500 October November December January February 0 100 200 300 400 October November December January February 0 10 20 30 40 50 60 October November December January February 0 100 200 300 400 New Listings Contracts Signed Average Days-on-Market Closed Sales BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR BY MONTH, YEAR-OVER-YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR CURRENT YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR PREVIOUS YEAR Back to Table of Contents 469 382 326 227 265 351 465 352 304 236 220 322 285 277 138 163 407 333 449 378 397 387 345 355 307 318 210 202 251 288 27 29 29 33 36 39 52 43 31 38
DBeing 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 South Bay Commercial.
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 9,000 transactions, totaling more than $12 billion in total sales.
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 given their agents over $2.6 million in profit share.
16780
12820
KW Bay Area Estates
Lark Ave, Los Gatos, CA, 95032 Phone: 408.560.9000
Saratoga-Sunnyvale Rd, Saratoga, 95070 Phone: 408.418.3911