Stefan Walker - April 2025 Market Update

Page 1


KW Bay Area

Estates

Santa Clara County

Jump to Santa Clara County Report

San Mateo County

Jump to San Mateo County Report

San Francisco County

Jump to San Francisco County Report

Alameda County

Jump to Alameda County Report

What’syourhome reallyworthintoday’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?

WhySomeHomesSell FasterThanOthers

As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says:

“. . . today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices have created a strange mix: Some homes are flying off the market, while others sit for weeks.”

That may leave you wondering what you should expect when you sell. Let’s break it down and give you some actionable tips on how to make sure your house is one that sells quickly.

Santa Clara County

What's in the Santa Clara County data?

The market for Single Family Homes, Condo, and Townhomes units saw 1,158 closed sales at a median price of $1.7m. There was a total of 2,065 new listings with an average of 16 days on the market without price reduction and with an average price per square foot of $1,132.

April 2025

2,065

$1,132 New Listings

Average Price Per SqFt +18.4% Year-over-Year -0 8% Year-over-Year

1,158

Year-over-Year

Median Sale Price

$1.7M Closed Sales

3% Year-over-Year

16

$2.4B Average Days-on-Market Total Volume +14.3% Year-over-Year +3% Year-over-Year

Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings The most recent quarter’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

1,384 New Listings

829 Closed Sales

14 Average Days-on-Market

$2.1M

Median Sale Price

$1,259 Average Price Per SqFt

$2B Total Volume

Data includes all single family, townhome, and condominium sales in Santa Clara County sourced from MLS Listings. The most recent quarter’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

$1M Median Sale Price

329 Closed Sales

$814 Average Price Per SqFt

$367M Total Volume

Luxury Listings for Sale

San Mateo County

What's in the San Mateo County data?

The market for Single Family Homes, Condo, and Townhomes units saw 493 closed sales at a median price of $1.6m. There was a total of 799 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,137.

April 2025

799

Average Price Per SqFt +25.6% Year-over-Year

$1,137 New Listings

4% Year-over-Year

Closed Sales

493

Median Sale Price

$1.6M

23

Year-over-Year +15% Year-over-Year -0 7%Year-over-Year

$1.1B Average Days-on-Market Total Volume +13 7% Year-over-Year

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings The most recent quarter’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

573 New Listings

368 Closed Sales

20 Average Days-on-Market

$2M

Median Sale Price

$1,239 Average Price Per SqFt

$1B Total Volume

Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent quarter’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

$980K Median Sale Price

125 Closed Sales

$836 Average Price Per SqFt

$137M Total Volume

San Francisco County

What's in the San Francisco County data?

The market for Single Family Homes, Condo, and Townhomes units saw 407 closed sales at a median price of $1.5m. There was a total of 667 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $1,070.

April 2025

667

$1,070 New Listings

Average Price Per SqFt +2.3% Year-over-Year +1 9% Year-over-Year

407

$1.5M Closed Sales Median Sale Price -10.4% Year-over-Year +8 9% Year-over-Year

33

$766M Average Days-on-Market

Total Volume -10.8% Year-over-Year -6 2% Year-over-Year

Data includes all single family, townhome, and condominium sales in San Francisco County sourced from MLS Listings The most recent quarter’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

22 Average Days-on-Market $ Av Pe $1.7M Median Sale Price

2 Cl $ To

Data includes all single family, townhome, and County sourced from MLS Listings. The most recent numbers, but may change with late reported activity. but may contain errors and are subject to revision.

183 Closed Sales

1,066

Average Price Per SqFt

270M

Total Volume

Alameda County

What's in the Alameda County data?

The market for Single Family Homes, Condo, and Townhomes units saw 897 closed sales at a median price of $1.1m. There was a total of 1,820 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $747.

April 2025

$747 New Listings

1,820

Average Price Per SqFt +18.7% Year-over-Year -4 2% Year-over-Year

897

$1.1M Closed Sales

Median Sale Price -4.3% Year-over-Year -3 3% Year-over-Year

23

$1.1B Average Days-on-Market

Total Volume +27.8% Year-over-Year -8 6% Year-over-Year

Data includes all single family, townhome, and condominium sales in Alameda County sourced from MLS Listings The most recent quarter’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

1,337 New Listings

680 Closed Sales

20 Average Days-on-Market

$1.3M

Median Sale Price

$791 Average Price Per SqFt

$985M

Total Volume

Data includes all single family, townhome, and condominium sales in Alameda County sourced from MLS Listings. The most recent quarter’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.

483 New Listings

217 Closed Sales

32 Average Days-on Market

$727K Median Sale Price

$612 Average Price Per SqFt

$168M Total Volume

De

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.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.