Intero Real Estate/Nancy Carlson

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Santa Clara County

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Trends At A Glance Mar 2014 Previous Month Year-over Year
Median Home Price +7.5%$806,000 $750,000 +15.3%$699,000
Average Sales Price +7.3%$1,041,550 $970,661 +17.5%$886,461
No. of Homes Sold +32.8%887 668 -13.5%1026
Pending Properties +17.1%1240 1059 -16.2%1479
Foreclosures Sold -6.7%14 15 -62.2%37
Short Sales Sold -2.8%35 36 -65.7%102
Active Listings +7.2%1100 1026 -23.5%1437
Active Foreclosures -61.9%8 21 -72.4%29
Active Short Sales -62.7%28 75 -92.5%371
Sales Price vs. List Price +1.1%105.4% 104.2% -0.2%105.5%
Average Days on Market -15.0%23 27 -4.5%24

Market MomentumEnlarge Graph

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Market Report Commentary

Spring Surge

A price surge in March pushed home prices to 2007 levels. The median price for single-family, re-sale homes went over $800,000, the highest since November 2007. The peak price occurred in October 2007 at $868,500. The...

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Mortgage Rate Outlook

Mar 4, 2014 -- The freshest economic indicators suggest that we are starting to move away from any weather-related holdback in growth, but it looks as though it will be more of a "slipping away from" than a "shaking...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in Santa Clara County dropped 10.8% in February from January. They were up 8.5% 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 15.3% year-over-year to $806,000 from $699,000. The average home sales price rose by 17.5% year-over-year to $1,041,550 from $886,461. Home sales fell by 13.5%...

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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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