Market Report
KW Bay Area Estates
Santa Clara County
Jump to Santa Clara County Report
San Mateo County
Jump to San Mateo County Report
Alameda County
Jump to Alameda Report
Contra Costa County
Jump to Contra Costa Report
Santa Cruz County
Jump to Santa Cruz County Report
Monterey County
Jump to Monterey County Report
Jump to Almaden Valley (San Jose) Report Almaden Valley (San Jose)
Alum Rock (San Jose)
Jump to Alum Rock (San Jose) Report
Berryessa (San Jose)
Jump to Berryessa (San Jose) Report
Jump to Blossom Valley (San Jose) Report Blossom Valley (San Jose)
Jump to Cambrian (San Jose) Report Cambrian (San Jose)
Jump to Campbell Report Campbell
Jump to Central San Jose Report Central San Jose
Jump to Cupertino Report Cupertino
Jump to Evergreen (San Jose) Report Evergreen (San Jose)
Jump to Los Altos Report Los Altos
Jump to Los Altos Hills Report Los Altos Hills
Los Gatos Mountains
Jump to Los Gatos Mountains Report
Los Gatos/Monte Sereno
Jump to Los Gatos/Monte Sereno Mountains Report
Milpitas
Jump to Milpitas Report
Morgan Hill/Gilroy/San Martin
Jump to Morgan Hill/Gilroy/San Martin Report
Mountain View
Jump to Mountain View Report
Palo Alto
Jump to Palo Alto Report
Santa Clara City
Jump to Santa Clara City Report
Santa Teresa (San Jose)
Jump to Santa Teresa (San Jose) Report
Saratoga
Jump to Saratoga Report
South San Jose
Jump to South San Jose Report
Sunnyvale
Jump to Sunnyvale Report
Willow Glen (San Jose)
Jump to Willow Glen (San Jose) Report
That's
If you’re planning to buy a home this year, there’s one expense you can’t afford to overlook: closing costs.
Almost every buyer knows they exist, but not that many know exactly what they cover, or how different they can be based on where you’re buying. So, let’s break them down.
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 3,008 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 $1.6 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 4,090 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 28 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 $1,063, 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
New Listings
4,090
Average Price Per SqFt +0.3% Year-over-Year
$1,063
Year-over-Year
3,008
$1.6M
Year-over-Year
28 $5.9B Average Days-on-Market Total Volume +40.0% Year-over-Year
Year-over-Year
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
Santa Clara County
Single Family Homes
The market for Single Family Homes saw 2,163 closed sales at a median price of $1 9M There was a total of 2,765 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $1,175. With a total volume of $5B.
Santa Clara County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 845 closed sales at a median price of $962K There was a total of 1,324 new listings with an average of 37 days on the market without price reduction and with an average price per square foot of $777. With a total volume of $897M.
Listings vs. 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 1,326 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 $1.6 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 1,729 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 $1,530, 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
New Listings
1,729
+0.2% Year-over-Year
Average Price Per SqFt
$1,530
+40.1% Year-over-Year
1,326
$1.6M Closed Sales Median Sale Price +2.3%Year-over-Year
+3.9% Year-over-Year
Average Days-on-Market
32
+23.1% Year-over-Year
Total Volume
$3.2B
+22.7% Year-over-Year
San Mateo County
Single Family Homes
The market for Single Family Homes saw 1,037 closed sales at a median price of $1 9M There was a total of 1,307 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $1,193. With a total volume of $2.6B.
San Mateo County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 289 closed sales at a median price of $910k There was a total of 422 new listings with an average of 50 days on the market without price reduction and with an average price per square foot of $770. With a total volume of $674M.
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 2,691 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 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 4,173 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 $733, 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
4,173
Year-over-Year
Average Price Per SqFt
$733 New Listings
Year-over-Year
$1M Closed Sales
2,691
Year-over-Year
32 $3.3B Average Days-on-Market
Year-over-Year
Data includes all single family, townhome, and condominium sales in Alameda 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
Alameda County
Single Family Homes
The market for Single Family Homes saw 2,087 closed sales at a median price of $1 2M There was a total of 2,982 new listings with an average of 28 days on the market without price reduction and with an average price per square foot of $780. With a total volume of $2.9B.
Alameda County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 604 closed sales at a median price of $675K There was a total of 1,191 new listings with an average of 45 days on the market without price reduction and with an average price per square foot of $568. With a total volume of $436M.
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 2,624 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 $775k, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 3,877 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 34 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 $537, 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
3,877
Year-over-Year
Average Price Per SqFt
$537 New Listings
Year-over-Year
2,624
$775K Closed Sales
34 $2.7B Average Days-on-Market Total Volume +21.4% Year-over-Year -3.4% Year-over-Year
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
Contra Costa County
Single Family Homes
The market for Single Family Homes saw 2,040 closed sales at a median price of $850K There was a total of 2,959 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $546. With a total volume of $2.3B.
vs.
Contra Costa County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 584 closed sales at a median price of $586k There was a total of 918 new listings with an average of 38 days on the market without price reduction and with an average price per square foot of $508. With a total volume of $389M.
Santa Cruz County
What's in the Santa Cruz County data?
The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 494 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 $1.2 million, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 733 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 42 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 $827, 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
733
Average Price Per SqFt +5.6% Year-over-Year
$827 New Listings
Year-over-Year
494
$1.2M Closed Sales
42 $673M
Average Days-on-Market Total Volume +23.5% Year-over-Year +10.6% Year-over-Year
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
Santa Cruz County
Single Family Homes
The market for Single Family Homes saw 401 closed sales at a median price of $1.3M. There was a total of 584 new listings with an average of 41 days on the market without price reduction and with an average price per square foot of $850. With a total volume of $594M.
Santa Cruz County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 93 closed sales at a median price of $825K There was a total of 149 new listings with an average of 47 days on the market without price reduction and with an average price per square foot of $726. With a total volume of $79M.
Monterey County
What's in the Monterey County data?
The latest data from the housing market indicates a resilient and active landscape across Single Family Homes, Condos, and Townhomes. With 518 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 $950k, underscoring their desirability and the overall strength of the market, especially in serving upscale clientele.
Moreover, the market saw a total of 800 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 48 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 $751, 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
800
$751 New Listings
Average Price Per SqFt +8.4% Year-over-Year -1.7% Year-over-Year
518
$950K Closed Sales
Average Days-on-Market
48
Year-over-Year
$769M
Year-over-Year
Data includes all single family, townhome, and condominium sales in Monterey 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
Santa Cruz County
Single Family Homes
The market for Single Family Homes saw 452 closed sales at a median price of $997K. There was a total of 686 new listings with an average of 46 days on the market without price reduction and with an average price per square foot of $758. With a total volume of $696M.
Santa Cruz County
Townhomes & Condominiums
The market for Townhomes & Condominiums saw 66 closed sales at a median price of $785K There was a total of 114 new listings with an average of 64 days on the market without price reduction and with an average price per square foot of $701. With a total volume of $73M.
Almaden Valley (San Jose)
Alum Rock (San Jose)
Jose)
Cambrian (San Jose)
Central San Jose
$8.1M $3,139
Evergreen (San Jose)
Los Altos Hills
Los Gatos/ Monte Sereno
2024
Santa Teresa (San Jose)
Willow Glen (San Jose)
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 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.
