October 2024 Report
Single Family Homes in Santa Clara County, All Cities, All Neighborhoods Change >
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Average Price$2,365,860
+2.7%
Pending Properties656
+5.6%
Sale/List Price Ratio106.2%
+1.2%
Days of Inventory28
-30.7%
Trends at a Glance
Trends At a Glance |
Oct 2024 |
Previous Month |
Year-over-Year |
Median Price |
$1,998,000 (+3.5%) |
$1,930,000 |
$1,820,000 (+9.8%) |
Average Price |
$2,365,860 (+2.7%) |
$2,304,410 |
$2,194,850 (+7.8%) |
No. of Sales |
685 (+23.6%) |
554 |
593 (+15.5%) |
Pending |
656 (+5.6%) |
621 |
459 (+42.9%) |
Active |
648 (-17.1%) |
782 |
604 (+7.3%) |
Sale vs. List Price |
106.2% (+1.2%) |
104.9% |
105.1% (+1.1%) |
Days on Market |
19 (-3.5%) |
20 |
18 (+5.3%) |
Days of Inventory |
28 (-30.7%) |
41 |
31 (-7.1%) |
Market Commentary
Prices improved in Oct 2024 with the median price climbing 3.5% from the previous month, up 9.8% compared to last year. The average price rose 2.7%, a yearly gain of 7.8%.
Inventory fell 7.1% from last month, and was up 22.7% year-over-year.