Intero Real Estate/Nancy Carlson

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Santa Clara County

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Trends At A Glance Aug 2014 Previous Month Year-over Year
Median Home Price +0.2%$870,000 $868,000 +15.2%$755,000
Average Sales Price +2.9%$1,154,130 $1,121,460 +23.6%$933,508
No. of Homes Sold -12.7%910 1042 -29.7%1295
Pending Properties +2.6%664 647 -48.7%1295
Foreclosures Sold +60.0%8 5 -50.0%16
Short Sales Sold -62.5%3 8 -94.4%54
Active Listings -7.5%1307 1413 -35.6%2030
Active Foreclosures -15.4%11 13 -35.3%17
Active Short Sales +116.7%13 6 -95.0%262
Sales Price vs. List Price -0.7%103.2% 104.0% -0.5%103.7%
Average Days on Market +15.0%26 22 +16.8%22

Market MomentumEnlarge Graph

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Market Report Commentary

Prices Reach New All-Time Highs

Home prices continue to advance in accordance with supply and demand. There is strong demand and a definite lack of supply. From January 2000 through December 2013, inventory averaged 3,456 units on the market each month....

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Mortgage Rate Outlook

Balancing Act For Mortgage Rates August 29, 2014 -- Summer came to an unofficial end on Monday, closing a spring and summer "housing season" which has been mixed at best. You can't blame the present modest levels of...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in Santa Clara County fell 9.5% in July from June. They were off 19.7% 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 15.2% year-over-year to $870,000 from $755,000. The average home sales price rose by 23.6% year-over-year to $1,154,130 from $933,508. Home sales fell by 29.7%...

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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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