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Santa Clara County

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Contra Costa County

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Almaden Valley (San Jose)

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Alum Rock (San Jose)

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Berryessa (San Jose)

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Blossom Valley (San Jose)

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Cambrian (San Jose)

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Campbell

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Central San Jose

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Cupertino

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Evergreen (San Jose)

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Los Altos

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Los Altos Hills

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Milpitas

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Palo Alto

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Santa Clara City

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Santa Teresa (San Jose)

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Saratoga

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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...

WhyOverpricingYourHouse CanCostYou

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

Santa Clara County

What's in the Santa Clara County data?

The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 2,135 closed sales recorded during the reporting period, the market continues to exhibit robust performance, demonstrating sustained demand among buyers. The median price for these properties stands impressively at $1.5 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.

Moreover, the market saw a total of 3,655 new listings, indicating healthy inventory levels and providing buyers with a diverse range of options to consider. This influx of listings reflects positively on the market's capacity to accommodate varying preferences, contributing to its dynamism and attractiveness.

A particularly notable metric is the average duration properties spend on the market before sale, which stands at 21 days without price reduction. This indicates a swift turnaround time for properties, suggesting high buyer interest and competitive conditions within the market.

Additionally, the average price per square foot remains high at $1,037, emphasizing the premium nature of the properties available and attracting buyers seeking upscale residences with superior features and amenities.

Overall, these indicators paint a picture of resilience and continued vitality in the housing market. Despite external factors, the market for Single Family Homes, Condos, and Townhomes appears well-positioned for sustained growth and stability in the foreseeable future.

Joe Han | General Manager & Senior VP

March 2024

3,655

Data includes all single family, townhome, and condominium sales in Santa Clara 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

$1,037

Average Price Per SqFt +28.9% Year-over-Year +11 5% Year-over-Year 2,135 $1.5M Closed Sales Median Sale Price +12.5% Year-over-Year +13 3% Year-over-Year 21 $3.8B Average Days-on-Market Total Volume -30% Year-over-Year +22

Year-over-Year

New Listings

Overview

Santa Clara County

Single Family Homes

The market for Single Family Homes saw 1,466 closed sales at a median price of $1 8m There was a total of 2,462 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $1,153. With a total volume of $3.1b.

Median Sales Price

$770,000 $1,012,500 $1,400,000 $1,715,000 $2,225,000 $1,564,400

$825,000 $1,103,500 $1,605,000 $2,025,000 $2,760,000 $1,800,000 3Q23 $840,000 $1,300,000 $1,610,000 $1,888,000 $2,805,000 $1,782,000

4Q23 $987,500 $1,284,000 $1,505,000 $1,802,500 $2,450,000 $1,700,000

1Q24 $1,307,500 $1,120,000 $1,685,000 $1,908,000 $2,630,000 $1,820,000

Median Sales Price vs. Original Asking Price

0-1BD 2BD 3BD 4BD 5+BD ALL

1Q23

2Q23

0% 20% 40% 60% 80% 100% 120% 1Q23 2Q23 3Q23 4Q23 1Q24 99 6% 104 4% 104 8% 102 8% 106 4%

Average Days on Market

New Listings vs. Closed Sales

New Listings Closed Sales 0,000 0,500 1,000 1,500 2,000 2,500 3,000 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 1Q23 2Q23 3Q23 4Q23 1Q24 1,309 29 18 18 20 19 2,220 1,928 1,669 1,466 1,971 2,633 2,377 1,520 2,462

Santa Clara County

Townhomes & Condominiums

The market for Townhomes & Condominiums saw 669 closed sales at a median price of $949k There was a total of 1,193 new listings with an average of 26 days on the market without price reduction and with an average price per square foot of $782. With a total volume of $684m.

Median Sales Price

Median Sales Price vs. Original Asking Price

0-1BD 2BD 3BD 4BD 5+BD ALL 1Q23 $538,250 $782,500 $1,200,000 $1,325,000 - $891,800 2Q23 $585,000 $870,500 $1,208,750 $1,390,000

$980,000 3Q23 $569,000 $860,000 $1,260,000 $1,376,900

4Q23 $545,000 $852,500 $1,210,000 $1,440,000

1Q24 $576,500 $840,000 $1,277,500 $1,349,944

0% 20% 40% 60% 80% 100% 120% 1Q23 2Q23 3Q23 4Q23 1Q24 97.0% 102 7% 102 4% 100 6% 103.3%

- $965,000

$2,029,000 $942,000

- $949,000

Back to Table of Contents New Listings vs. Closed Sales Average Days on Market 0 200 400 600 800 1,000 1,200 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 1Q23 2Q23 3Q23 4Q23 1Q24 863 30 19 20 24 26 1,075 1,164 724 1,193 588 888 847 711 669 New Listings Closed Sales

San Mateo County

What's in the San Mateo County data?

The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 861 closed sales recorded during the reporting period, the market continues to exhibit robust performance, demonstrating sustained demand among buyers. The median price for these properties stands impressively at $1.5 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.

Moreover, the market saw a total of 1,486 new listings, indicating healthy inventory levels and providing buyers with a diverse range of options to consider. This influx of listings reflects positively on the market's capacity to accommodate varying preferences, contributing to its dynamism and attractiveness.

A particularly notable metric is the average duration properties spend on the market before sale, which stands at 32 days without price reduction. This indicates a swift turnaround time for properties, suggesting high buyer interest and competitive conditions within the market.

Additionally, the average price per square foot remains high at $1,070, emphasizing the premium nature of the properties available and attracting buyers seeking upscale residences with superior features and amenities.

Joe Han | General Manager & Senior VP

1,486 $1,070 New Listings Average Price Per SqFt +28.2% Year-over-Year +3 5% Year-over-Year 861 $1.5M Closed Sales Median Sale Price +4.7% Year-over-Year +5 9% Year-over-Year 32 $1.7B Average Days-on-Market Total Volume -8.5% Year-over-Year +3 5% Year-over-Year Overview March 2024

San Mateo County

Single Family Homes

The market for Single Family Homes saw 630 closed sales at a median price of $1 9m There was a total of 1,077 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $1,167. With a total volume of $1.5b.

Median Sales Price

1Q23 $900,000 $1,210,000 $1,566,000 $2,125,000 $4,025,000 $1,740,000

2Q23 $1,525,000 $1,270,000 $1,700,000 $2,468,000 $3,775,000 $1,898,000

3Q23 $780,000 $1,304,000 $1,600,000 $2,300,000 $4,097,500 $1,817,500

4Q23 $820,000 $1,253,000 $1,550,000 $2,400,000 $4,000,000 $1,736,944

1Q24 $605,000 $1,416,000 $1,617,250 $2,500,000 $3,000,000 $1,902,500

0-1BD 2BD 3BD 4BD 5+BD ALL

98 8% 102 5% 102 3% 100 9% 103.3%

Sales Average Days on Market 0 200 400 600 800 1000 1200 1400 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 35 1Q23 2Q23 3Q23 4Q23 1Q24 856 32 596 1,281 21 953 1,287 24 914 699 850 26 1,077 27 630 New Listings Closed Sales

New Listings vs. Closed

San Mateo County

Townhomes & Condominiums

The market for Townhomes & Condominiums saw 231 closed sales at a median price of $908k There was a total of 409 new listings with an average of 46 days on the market without price reduction and with an average price per square foot of $805. With a total volume of $240m.

1Q23 $520,000 $950,000 $1,375,000 $1,639,990 - $958,000

2Q23 $535,000 $910,000 $1,384,000 $1,737,000 - $917,500

3Q23 $535,000 $902,000 $1,394,444 $1,866,921 $1,935,000 $949,500

4Q23 $570,000 $910,000 $1,380,000 $1,900,000 - $910,000

1Q24 $525,000 $920,000 $1,200,000 $1,950,000 - $908,000

Median Sales Price vs. Original Asking Price

0% 20% 40% 60% 80% 100% 120% 140% 1Q23 2Q23 3Q23 4Q23 1Q24

0-1BD 2BD 3BD 4BD 5+BD ALL

Median Sales Price

98 3% 101.3% 135.1% 97 2% 99 3%

New Listings vs. Closed Sales 0 100 200 300 400 500 1Q23 2Q23 3Q23 4Q23 1Q24 0 10 20 30 40 50 1Q23 2Q23 3Q23 4Q23 1Q24 Back to Table of Contents Average Days on Market 303 41 226 402 24 293 393 37 272 219 208 44 409 46 231 New Listings Closed Sales

Alameda County

What's in the Alameda County data?

The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 1,829 closed sales recorded during the reporting period, the market continues to exhibit robust performance, demonstrating sustained demand among buyers. The median price for these properties stands impressively at $1.1 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.

Moreover, the market saw a total of 3,323 new listings, indicating healthy inventory levels and providing buyers with a diverse range of options to consider. This influx of listings reflects positively on the market's capacity to accommodate varying preferences, contributing to its dynamism and attractiveness.

A particularly notable metric is the average duration properties spend on the market before sale, which stands at 25 days without price reduction. This indicates a swift turnaround time for properties, suggesting high buyer interest and competitive conditions within the market.

Additionally, the average price per square foot remains high at $732, emphasizing the premium nature of the properties available and attracting buyers seeking upscale residences with superior features and amenities.

Joe Han | General Manager & Senior VP

3,323 $732 New Listings Average Price Per SqFt +21.7% Year-over-Year +6 4% Year-over-Year 1,829 $1.1M Closed Sales Median Sale Price -2.2% Year-over-Year +15 1% Year-over-Year 25 $2.2B Average Days-on-Market Total Volume -19.3% Year-over-Year +8 3% Year-over-Year Overview March 2024

Alameda County

Single Family Homes

The market for Single Family Homes saw 1,345 closed sales at a median price of $1 2m There was a total of 2,328 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $771. With a total volume of $1.8b.

Median Sales Price

$1,100,000

$720,000 $800,000 $1,117,500 $1,550,000 $1,850,000 $1,260,000

3Q23 $627,500 $830,000 $1,106,000 $1,550,000 $1,865,000 $1,265,000

4Q23 $695,000 $850,000 $1,100,000 $1,450,000 $1,835,000 $1,200,000 1Q24 $655,000 $765,500 $1,150,000 $1,650,000 $2,075,000 $1,280,000

Median Sales Price vs. Original Asking Price

0% 50% 100% 150% 200% 1Q23 2Q23 3Q23 4Q23 1Q24

0-1BD 2BD 3BD 4BD 5+BD ALL 1Q23 $440,000

2Q23

$800,000 $978,000 $1,385,000 $1,700,000

173 9% 108.4% 108.0% 105 8% 106 8%

New Listings vs. Closed Sales

Back to Table of Contents

0 500 1,000 1,500 2,000 2,500 3,000 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 1Q23 2Q23 3Q23 4Q23 1Q24

New Listings Closed Sales 1,936 30 1,365 2,545 18 2,015 2,688 18 1,934 1,683 1,345 1,613 2,328 20 23

Average Days on Market

Alameda County

Townhomes & Condominiums

The market for Townhomes & Condominiums saw 484 closed sales at a median price of $733k There was a total of 995 new listings with an average of 28 days on the market without price reduction and with an average price per square foot of $621. With a total volume of $383m.

Median Sales Price vs. Original Asking Price

0% 20% 40% 60% 80% 100% 120% 1Q23 2Q23 3Q23 4Q23 1Q24

Sales

0-1BD 2BD 3BD 4BD 5+BD ALL 1Q23 $459,444 $670,000 $950,000 $1,081,500 $1,345,000 $725,000 2Q23 $465,000 $679,000 $1,060,500 $1,200,500 - $705,000 3Q23 $475,000 $686,500 $1,067,000 $1,069,000 - $728,750 4Q23 $427,500 $665,000 $1,070,000 $1,130,000 - $680,000 1Q24 $455,000 $680,000 $1,030,000 $1,120,000 $1,160,000 $733,500 99% 102% 102% 101% 102%

Median

Price

Back to Table of Contents

Listings vs. Closed Sales 0 200 400 600 800 1,000 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 35 1Q23 2Q23 3Q23 4Q23 1Q24

on Market New Listings Closed Sales 794 34 506 988 24 687 980 23 656 514 484 559 995 29 28

New

Average Days

Contra Costa County

What's in the Contra Costa County data?

The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 1,807 closed sales recorded during the reporting period, the market continues to exhibit robust performance, demonstrating sustained demand among buyers. The median price for these properties stands impressively at $ 770,000, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.

Moreover, the market saw a total of 3,082 new listings, indicating healthy inventory levels and providing buyers with a diverse range of options to consider. This influx of listings reflects positively on the market's capacity to accommodate varying preferences, contributing to its dynamism and attractiveness.

A particularly notable metric is the average duration properties spend on the market before sale, which stands at 29 days without price reduction. This indicates a swift turnaround time for properties, suggesting high buyer interest and competitive conditions within the market.

Additionally, the average price per square foot remains high at $541, emphasizing the premium nature of the properties available and attracting buyers seeking upscale residences with superior features and amenities.

Joe Han | General Manager & Senior VP

3,082 $541 New Listings Average Price Per SqFt +16.7% Year-over-Year 1,807 $770K Closed Sales Median Sale Price -2.5% Year-over-Year 29 $1.8B Average Days-on-Market Total Volume -19.4% Year-over-Year Overview March 2024

Contra Costa County

Single Family Homes

The market for Single Family Homes saw 1,379 closed sales at a median price of $820k There was a total of 2,314 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $544. With a total volume of $1.5b.

Median Sales Price vs. Original Asking Price

0% 50% 100% 150% 200% 1Q23 2Q23 3Q23 4Q23 1Q24

Sales

0-1BD 2BD 3BD 4BD 5+BD ALL 1Q23 $719,758 $614,000 $680,000 $865,000 $1,000,000 $760,000 2Q23 $812,500 $649,900 $768,000 $1,130,000 $1,400,000 $900,000 3Q23 $505,000 $650,000 $750,000 $1,010,580 $1,190,540 $859,500 4Q23 $350,000 $635,000 $710,000 $940,000 $1,327,500 $815,000 1Q24 $432,500 $616,500 $725,000 $935,000 $1,160,125 $820,000 98.3% 158.0% 101 9% 100 6% 102 2%

Median

Price

New Listings vs. Closed Sales

Days

Back to Table of Contents

0 500 1,000 1,500 2,000 2,500 3,000 1Q23 2Q23 3Q23 4Q23 1Q24 0 10 20 30 40 1Q23 2Q23 3Q23 4Q23 1Q24

New Listings Closed Sales 2,027 36 1,427 2,775 23 2,208 2,591 20 1,994 1,643 1,379 1,629 2,314 26 27

Average

on Market

Contra Costa County

Townhomes & Condominiums

The market for Townhomes & Condominiums saw 428 closed sales at a median price of $604k There was a total of 768 new listings with an average of 35 days on the market without price reduction and with an average price per square foot of $528. With a total volume of $292m.

Median Sales Price vs. Original Asking Price

0% 20% 40% 60% 80% 100% 120% 1Q23 2Q23 3Q23 4Q23 1Q24 Median Sales Price 0-1BD 2BD 3BD 4BD 5+BD ALL 1Q23 $340,000 $509,000 $749,500 $980,000 - $551,900 2Q23 $368,250 $578,725 $820,000 $1,190,000 $1,315,000 $616,500 3Q23 $365,000 $555,000 $800,000 $1,177,500 $1,300,000 $600,000 4Q23 $355,000 $512,500 $812,481 $1,207,500 - $555,000 1Q24 $347,500 $525,000 $825,000 $997,500 - $604,944 98.6% 101% 100 6% 99 3% 99 4%

Back to Table of Contents

Listings vs. Closed Sales 0 200 400 600 800 1Q23 2Q23 3Q23 4Q23 1Q24 0 5 10 15 20 25 30 35 1Q23 2Q23 3Q23 4Q23 1Q24

on Market New Listings Closed Sales 612 33 428 768 23 598 773 24 558 474 428 524 768 28 35

New

Average Days

Almaden Valley (San Jose)

SingleFamilyMedianSalesPrice

Q1 2023 Q1 2024

Price Change

Townhome/CondoMedianSalesPrice

Q1 2023 Q1 2024

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $1.2M $3.7M

$1,240

-$912,000$1,460,000 $1,750,000 $2,250,000 $2,210,000 $2,262,500 $2,400,000 $2,035,000 $2,210,0000-1BD2BD 19 8% 3BD -1 7% 4BD 6% 5BD 8 6% ALL

--$1,195,000 $1,300,000 $1,517,500 $1,500,000$1,215,000 $1,316,5000-1BD2BD 8.7% 3BD -1.2% 4BD5BD 8.4% ALL Back to Table of Contents

Alum Rock (San Jose)

Townhome/CondoMedianSalesPrice

2023

2024

Lowest

Highest

Highest Price/ SqFt $410K $3M $1,295 Back to Table of Contents

Sale Price

SingleFamilyMedianSalesPrice

$947,500$865,000 $847,500 $910,000 $950,000 $1,125,000 $1,193,000 $1,430,000 $1,600,000 $1,000,000 $1,005,0000-1BD -2% 2BD 4 4% 3BD 6% 4BD 11 9% 5BD 0 5% ALL Q1

$436,000 $421,000 $548,000 $560,000 $700,000 $722,500$720,500$548,000 $670,000 -3.4% 0-1BD 2.2% 2BD 3.2% 3BD4BD5BD 22.3% ALL

2023

2024

Price Change

Berryessa (San Jose)

SingleFamilyMedianSalesPrice

Price Change

Townhome/CondoMedianSalesPrice Q1 2023 Q1 2024

Q1 2023 Q1 2024

Price Change

Lowest Sale Price Highest Sale

Highest Price/ SqFt $400K $2.4M

Price

$1,574

-$932,750 $1,209,000 $1,265,000 $1,499,750 $1,458,000 $1,680,000 $1,858,000 $2,135,000 $1,384,000 $1,643,2500-1BD 29 6% 2BD 18 6% 3BD 15 2% 4BD 14 9% 5BD 18 7% ALL

$510,000 $550,000 $718,000 $750,000 $948,000 $830,000 $1,005,000 $1,290,000$777,900 $789,000 7.8% 0-1BD 4.5% 2BD -12.5% 3BD 28.4% 4BD5BD 1.4% ALL Back to Table of Contents

Blossom Valley (San Jose)

Townhome/CondoMedianSalesPrice

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $440K $1.9M $1,351

SingleFamilyMedianSalesPrice

$1,665,000$1,013,500 $1,225,000 $1,560,000 $1,352,500 $1,750,000 $1,465,750 $2,105,000 $1,320,000 $1,634,0000-1BD2BD 27 4% 3BD 29 4% 4BD 43 6% 5BD 23 8% ALL Q1

$435,500 $570,000 $615,000 $770,000 $747,500 $1,100,000 $911,000 $1,230,000$617,500 $810,000 30.9% 0-1BD 25.2% 2BD 47.2% 3BD 35% 4BD5BD 31.2% ALL Back to Table of Contents

2023

2024

Price Change

2023

2024

Price Change

Cambrian (San Jose)

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice

Price Change

Lowest Sale

Highest Sale

Highest Price/ SqFt $500K $4M $1,934

Price

-$1,370,000 $1,436,750 $1,675,000 $1,700,000 $1,950,000 $2,562,500 $2,452,500 $1,550,000 $1,800,0000-1BD2BD 16% 3BD 14% 4BD -4% 5BD 16% ALL

$523,000 $600,000 $621,500 $629,000 $999,500 $1,365,000-$685,000 $629,000 14% 0-1BD 1% 2BD 36% 3BD4BD5BD -8% ALL Back to Table of Contents

Q1 2023 Q1 2024

Price Change

Q1 2023 Q1 2024

Campbell Lowest Sale Price Highest Sale Price Highest Price/ SqFt $538K $3.7M $1,752

-$1,300,000$1,575,000 $1,850,000 $2,413,000 $2,000,000 $2,395,250 $2,467,500 $1,822,500 $1,925,0000-1BD2BD 17% 3BD -17% 4BD 3% 5BD 5% ALL Q1

$612,500 $538,000 $727,500 $1,065,000 $1,392,500 $1,280,000$1,690,000$830,000 $1,152,000 -12% 0-1BD 46% 2BD -8% 3BD4BD5BD 38% ALL Back to Table of Contents

SingleFamilyMedianSalesPrice Townhome/CondoMedianSalesPrice

2023

2024

Price Change

2023

2024

Price Change

Central San Jose

$450K $3.2M

Sale Price

SingleFamilyMedianSalesPrice

2023

2024

Townhome/CondoMedianSalesPrice

Sale Price

Lowest

Highest

$770,000$888,000 $975,000 $1,175,000 $1,250,000 $1,250,000 $1,709,500 $1,247,000 $1,300,000 $1,068,250 $1,225,0000-1BD 9% 2BD 6% 3BD 36% 4BD 4% 5BD 14% ALL

Price/ SqFt

Price Change

$545,000 $576,500 $816,944 $778,000 $1,175,000 $1,174,500$1,055,000$672,500 $770,000 5% 0-1BD -4% 2BD 0% 3BD4BD5BD 14% ALL Back to Table of Contents

$1,384 Q1 2023 Q1 2024 % Price Change

Cupertino

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $845K $4.8M $3,011

$3,010,000$1,800,000 $2,000,000 $2,481,400 $2,730,000 $2,710,000 $3,420,000 $3,525,000 $4,150,000 $2,705,000 $3,300,0000-1BD 11% 2BD 10% 3BD 26% 4BD 17% 5BD 22% ALL Q1

$710,000 $845,000 $1,155,000 $1,280,000 $1,600,000 $1,647,500-$1,290,000 $1,350,000 19% 0-1BD 10% 2BD 2% 3BD4BD5BD 4% ALL Back to Table of Contents

2023 Q1 2024

Price Change

2023 Q1 2024

Price Change

SingleFamilyMedianSalesPrice

2023

2024

Price Change

Townhome/CondoMedianSalesPrice

2023

2024

Price Change

Evergreen (San Jose) NumberofSales Lowest Sale Price Highest Sale Price Highest Price/ SqFt $461K $4.1M $1,264 110

-$1,000,500 $1,151,000 $1,425,000 $1,650,938 $1,950,000 $1,890,000 $2,185,000 $1,562,500 $1,713,8750-1BD2BD 23% 3BD 18% 4BD 15% 5BD 9% ALL

$450,000 $465,000 $742,500 $827,500 $990,000 $1,157,500 $1,600,000-$779,000 $850,000 3% 0-1BD 11% 2BD 16% 3BD4BD5BD 9% ALL Back to Table of Contents

Los Altos

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $1.2M $6.9M $3,428

-$3,085,000 $3,425,000 $4,075,000 $4,000,000 $4,450,000 $4,700,000 $4,700,000 $4,055,000 $4,202,6130-1BD2BD 18% 3BD 11% 4BD 0% 5BD 3% ALL Q1

-$1,375,000 $1,887,500 $1,938,000--$1,625,000 $1,887,5000-1BD 37% 2BD3BD4BD5BD 16% ALL Back to Table of Contents

SingleFamilyMedianSalesPrice Townhome/CondoMedianSalesPrice

2023

2024

Price Change

2023

2024

Price Change

Los Altos Hills

SingleFamilyMedianSalesPrice

2023

Townhome/CondoMedianSalesPrice

2023

2024

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $3.1M $9.9M $4,645

--$3,280,000 $4,285,000 $4,700,000 $7,000,444 $5,550,000 $5,620,000 $4,750,000 $5,560,0000-1BD2BD 30% 3BD 48% 4BD 1% 5BD 17% ALL Q1

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Q1 2024

Price Change

Los Gatos Mountains

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice

2024 % Price Change

Lowest

Highest

Highest Price/ SqFt $769K $2.8M $1,579

Sale Price

-$727,500 $1,421,500 $1,050,000 $1,070,784 $1,270,000 $1,350,000 $1,200,000 $1,645,000 $1,017,500 $1,350,0000-1BD 95% 2BD 1% 3BD 6% 4BD 37% 5BD 32% ALL

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2023 Q1 2024

Price Change

Q1 2023

Los Gatos/Monte Sereno

SingleFamilyMedianSalesPrice

2023

Price Change

Townhome/CondoMedianSalesPrice

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $425K $6.9M

$2,902

-$2,205,000 $1,500,000 $2,400,000 $2,855,000 $3,355,000 $3,285,000 $3,355,000 $4,405,000 $2,687,500 $3,227,500 0% 0-1BD -31% 2BD 18% 3BD -2% 4BD 31% 5BD 20% ALL

$515,000 $425,000 $711,000 $684,500 $1,450,001 $1,757,500 $1,850,000 $1,925,000$960,000 $1,690,000 -17% 0-1BD -3% 2BD 21% 3BD 4% 4BD5BD 76% ALL Back to Table of Contents

Q1 2024

Q1 2023 Q1 2024

Milpitas

2023

2024

Townhome/CondoMedianSalesPrice

2023

2024

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $500K $2.7M $1,551

SingleFamilyMedianSalesPrice

-$1,135,000 $1,399,999 $1,265,001 $1,505,000 $1,617,500 $1,697,500 $1,629,000 $2,780,000 $1,391,000 $1,600,0110-1BD 23% 2BD 18% 3BD 4% 4BD 70% 5BD 15% ALL Q1

$582,500$865,000 $890,000 $1,100,000 $1,370,000 $1,475,000 $1,400,000$962,500 $1,205,0000-1BD 2% 2BD 24% 3BD -5% 4BD5BD 25% ALL Back to Table of Contents

Price Change

Morgan Hill/Gilroy/ San Martin

SingleFamilyMedianSalesPrice

2023

2024

Townhome/CondoMedianSalesPrice

2023

2024

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $649K $3.6M $1,077

$498,000$740,000 $800,000 $951,250 $1,147,500 $1,171,944 $1,300,000 $1,300,000 $1,615,050 $1,120,000 $1,250,0000-1BD 8% 2BD 20% 3BD 10% 4BD 24% 5BD 11% ALL Q1

$426,500 $650,000 $745,000 $807,500 $943,000 $1,070,000 $982,500$803,750 $925,0000-1BD 14% 2BD 16% 3BD -8% 4BD5BD 15% ALL Back to Table of Contents

Price Change

Mountain View Lowest Sale Price Highest Sale Price Highest Price/ SqFt $545K $5.7M $2,367

-$1,830,000 $1,980,000 $2,450,000 $3,210,000 $3,105,000 $3,320,796 $4,580,000 $2,596,500 $2,485,0000-1BD2BD 23% 3BD -3% 4BD 37% 5BD -4% ALL Q1

$592,000 $592,500 $1,010,000 $1,175,000 $1,550,000 $1,660,000 $1,390,000 $2,025,000$1,282,900 $1,325,000 0% 0-1BD 16% 2BD 7% 3BD 45% 4BD5BD 3% ALL Back to Table of Contents

SingleFamilyMedianSalesPrice Townhome/CondoMedianSalesPrice

2023

2024

Price Change

2023

2024

Price Change

Palo Alto

SingleFamilyMedianSalesPrice

Price Change

Townhome/CondoMedianSalesPrice Q1 2023 Q1 2024

Q1 2023 Q1 2024

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $675K $11.9M $3,195

-$3,450,000 $2,400,000 $3,170,000 $2,952,500 $3,326,000 $4,100,000 $5,300,000 $4,000,000 $3,425,000 $3,526,500 0% 0-1BD -30% 2BD -6% 3BD 23% 4BD -24% 5BD 2% ALL

$910,000 $777,500 $1,100,000 $1,215,000 $1,874,000 $1,820,000-$1,800,000 $1,246,666 -14% 0-1BD 10% 2BD -2% 3BD4BD5BD -30% ALL Back to Table of Contents

Santa Clara (City)

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $398K $3.2M $2,007

$950,000 $1,275,000 $1,610,000 $1,527,000 $1,800,800 $1,659,625 $2,100,000 $1,965,000 $2,200,000 $1,576,500 $1,880,0000-1BD 26% 2BD 17% 3BD 26% 4BD 11% 5BD 19% ALL Q1

$490,000 $579,500 $880,000 $990,000 $1,150,000 $1,505,000 $1,558,000 $1,460,000$1,003,000 $1,037,500 18% 0-1BD 12% 2BD 30% 3BD -6% 4BD5BD 3% ALL Back to Table of Contents

2023

2024

Price Change

2023

2024

Price Change

Santa Teresa (San Jose)

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice Q1 2023 Q1 2024

Q1 2023 Q1 2024

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $660K $2.1M

$1,269

1,665,000 $1,082,500$1,200,000 $1,417,000 $1,375,000 $1,581,254 $1,420,000 $1,821,150 $1,320,000 $1,545,0000-1BD2BD 18% 3BD 15% 4BD 28% 5BD 17% ALL

$600,000 $660,000 $680,000 $960,000 $1,034,440 $1,115,000 $1,300,000-$1,004,660 $970,330 10% 0-1BD 41% 2BD 7% 3BD4BD5BD -3% ALL Back to Table of Contents

Price Change

Saratoga

2023

2024

2023

2024

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $812K $7.4M $3,017

-$2,000,000 $2,300,000 $3,130,000 $3,625,000 $4,030,000 $4,100,000 $4,275,000 $4,412,900 $3,828,444 $4,100,0000-1BD 15% 2BD 15% 3BD 1% 4BD 3% 5BD 7% ALL Q1

-$950,000 $960,000 $1,675,000 $2,044,000-$985,000 $1,538,0000-1BD 1% 2BD 22% 3BD4BD5BD 56% ALL Back to Table of Contents

SingleFamilyMedianSalesPrice Townhome/CondoMedianSalesPrice

Price Change

South San Jose

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice

2023

2024

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $360K $1.5M $1,085

--$999,888 $1,111,000 $1,110,000 $1,192,500 $1,150,000 $1,325,000 $1,032,000 $1,177,5000-1BD2BD 11% 3BD 7% 4BD 15% 5BD 14% ALL Q1

$522,000 $502,500 $655,000 $655,000 $1,075,000 $1,009,750 $1,260,000 $1,275,000$870,000 $780,000 -3% 0-1BD 0% 2BD 6% 3BD 1% 4BD5BD -10% ALL Back to Table of Contents

2023 Q1 2024

Price Change

Sunnyvale

SingleFamilyMedianSalesPrice

2023

Townhome/CondoMedianSalesPrice

Price Change

Lowest

Highest

Highest Price/ SqFt $585K $3.7M $1,937

Sale Price

-$1,925,000 $1,325,000 $1,550,000 $2,200,000 $2,464,000 $2,566,500 $2,335,000 $2,905,000 $2,187,500 $2,325,0000-1BD -31% 2BD 41% 3BD 4% 4BD 24% 5BD 6% ALL

$580,000 $660,000 $1,056,400 $1,036,500 $1,490,000 $1,599,000 $1,325,000 $1,819,000$1,230,000 $1,350,333 13% 0-1BD -1% 2BD 7% 3BD 37% 4BD5BD 9% ALL Back to Table of Contents

Q1 2024

Price Change

Q1 2023 Q1 2024

Willow Glen (San Jose)

SingleFamilyMedianSalesPrice

Townhome/CondoMedianSalesPrice Q1 2023 Q1 2024

Q1 2023 Q1 2024

Price Change

Lowest Sale Price Highest Sale Price Highest Price/ SqFt $518K $3.9M

$2,089

-$1,325,000 $1,597,500 $1,755,000 $1,880,000 $2,080,000 $2,187,500 $3,300,000 $2,375,000 $1,812,500 $1,910,0000-1BD 20% 2BD 7% 3BD 5% 4BD -28% 5BD 5% ALL

Price Change

$545,000 $524,000 $875,000 $815,000 $1,175,000 $1,280,000$1,515,000$1,013,750 $1,077,500 -3% 0-1BD -6% 2BD 8% 3BD4BD5BD 6% ALL Back to Table of Contents

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 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.

KW Bay Area Estates 16780 Lark Ave, Los Gatos, CA, 95032 Phone: (408) 560-9000 12820 Saratoga-Sunnyvale Rd, Saratoga, 95070 Phone: (408) 418-3911