Santa Clara County, CA Home Values & Market Trends

The median home price in Santa Clara County, CA is $1,555,206.76. There were 12,090 home sales in Santa Clara County, CA over the past 12 months. The median residential Santa Clara County, CA home value for transactions over the previous year is $1,396,600.61. The number of current listings in Santa Clara County, CA is 418, and the percentage of properties for sale is 418.00%. The county has 512 foreclosures, 9 bank owned properties, 90 headed for auction, and 418 properties for sale.

Santa Clara County, CA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
San Jose

$ 1,156,750

$ 772/sqft

Mountain View

$ 1,150,000

$ 1,029/sqft

Los Gatos

$ 3,250,000

$ 1,093/sqft

Campbell

$ 1,639,750

$ 1,025/sqft

Gilroy

$ 1,133,444

$ 508/sqft

Los Altos

$ 3,447,544

$ 1,657/sqft

Sunnyvale

$ 2,407,250

$ 1,125/sqft

Cupertino

$ 2,204,499

$ 1,190/sqft

Santa Clara

$ 860,289

$ 788/sqft

San Martin

$ 1,822,475

$ 776/sqft

Morgan Hill

$ 1,549,000

$ 595/sqft

Stanford

$ 1,125,000

$ 641/sqft

Palo Alto

$ 3,280,125

$ 1,775/sqft

Alviso

$ --

$ --

Saratoga

$ 3,945,750

$ 1,592/sqft

Mount Hamilton

$ --

$ --

Milpitas

$ 1,221,250

$ 732/sqft

Coyote

$ --

$ --

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Housing Market Summary for Santa Clara County, CA

Apr 2023March 2024Change
Median Listing Price$1.4M$1.5M7.54%
Median Sold Price$1.5M$1.5M-1.92%
Homes For Sale445385-13.48%
Homes Sold11,65411,129-4.50%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Santa Clara County, CA

Santa Clara County, CA home values range from $105,994 to $30,931,425. Saratoga is the priciest city with a median listing home price of $3,700,000, and Santa Clara is most affordable with average house prices of around $799,000.

Foreclosure
There are 18 cities within Santa Clara County, CA; within these cities, the median estimated home value for homes in foreclosure ranges from $7,009,250 in San Jose to the lowest value of $305,700 in San Jose. Foreclosure homes account for 0.00% of properties in Santa Clara County, CA with San Jose containing 325 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Santa Clara County, CA with San Jose containing 268 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 18 cities within Santa Clara County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,165,000 in Los Altos to the lowest home value of $305,700 in San Jose.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Santa Clara County, CA ranges from the highest value of $1,847,000 in Morgan Hill to the lowest value of $411,688 in San Jose. Bank owned homes and properties account for 0.00% of properties in Santa Clara County, CA. There are 18 cities within Santa Clara County, CA; San Jose containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    San Jose has 52 auction properties, the highest number of properties going to auction in a single city in the state of Santa Clara County, CA. Auction homes and other auction properties account for 0.02% of all properties in Santa Clara County, CA. There are 18 cities within Santa Clara County, CA; of those cities, the median estimated home value for homes going to auction ranges from $2,557,750 in Los Altos to the lowest value of $375,000 in Los Altos.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Santa Clara County, CA with San Jose containing 203 homes for sale, the highest number of listed properties in a single city. There are 18 cities within Santa Clara County, CA; homes for sale in those cities, have a range of median values from $8,295,000 in Saratoga to the lowest value of $398,000 in Santa Clara.
    Sold Homes
    The median value for recently sold homes ranges from $13,050,900 in Los Altos to the lowest price of $187,950 in Los Altos. There are 18 cities within Santa Clara County, CA. San Jose has 5767 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.34% of properties in Santa Clara County, CA.

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      Guide for Santa Clara County, CA

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California
      Diverse Trends Emerge in San Jose Real Estate Market amid Rising Sold Prices
      California
      Market Trend Report For Bakersfield, California – March 2024
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
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      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Diverse Trends Emerge in San Jose Real Estate Market amid Rising Sold Prices
      California|posted 26 February 2024

      San Jose’s real estate market shows dynamic trends with fluctuating average property values, consistent increase in sold prices, variations in listed properties, and differences across various neighborhoods.

      Market Trend Report For Bakersfield, California – March 2024
      California|posted 28 March 2024

      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.