Intero Real Estate/Nancy Carlson

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Santa Clara County

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Trends At A Glance Jul 2014 Previous Month Year-over Year
Median Home Price -0.8%$868,000 $875,000 +11.2%$780,500
Average Sales Price -1.8%$1,121,460 $1,141,640 +15.9%$967,640
No. of Homes Sold -7.6%1042 1128 -20.7%1314
Pending Properties -22.1%647 831 -50.3%1301
Foreclosures Sold -44.4%5 9 -50.0%10
Short Sales Sold +700.0%8 1 -85.5%55
Active Listings +7.9%1413 1309 -36.3%2219
Active Foreclosures +8.3%13 12 -45.8%24
Active Short Sales -33.3%6 9 -97.9%288
Sales Price vs. List Price -1.0%104.0% 105.0% -0.9%104.9%
Average Days on Market +21.4%22 18 +5.0%21

Market MomentumEnlarge Graph

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Market Report Commentary

Pending Sales Plunge

With the increase in prices over the past two years pulling most homeowners above water, one would expect more homes on the market. In fact, the lack of active listings continues to hobble the market. From the middle of 2007...

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Mortgage Rate Outlook

Fed Message Bumps Rates, A Little

August 1, 2014 -- One of these days, and probably not long from now, the Federal Reserve is going to again surprise the market in a meaningful way, causing all manner of unintended...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in Santa Clara County rose 2.6% in June from May. They were off 17.3% year-over-year. Notices of sale, which set the date and time of an...

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Santa Clara County Stats At A Glance

Year-Over-Year Median home prices increased by 11.2% year-over-year to $868,000 from $780,500. The average home sales price rose by 15.9% year-over-year to $1,121,460 from $967,640. Home sales fell by 20.7%...

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Prices & SalesEnlarge Graph

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Sales BreakdownEnlarge Graph

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Days of InventoryEnlarge Graph

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Sales To DateEnlarge Graph

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Sale Price RatioEnlarge Graph

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