Oct. 2017 Santa Clara County Market Conditions - Single Family Homes
The low inventory dilema continues to plague Silicon Valley for the month ending September 2017, setting the record for the second lowest month (August 2017 was top) of the year. The inventory inched very slightly and most of the other conditions remain fairly consistent compared to August. Therefore, the condition in the marketplace remain steady, but the prices have increased just slightly as well.
Sept. Aug.
Active listings 647 630
Pending 896 947
Days of Inventory 20 19
Median price $1,179,000 $1,151,000
Oct. 2017 Santa Clara County Condo/Townhomes
The situation with condos and townhomes was very similar. Not much change and things seem pretty much the same as the previous month.
Sept. Aug.
Active listings 152 152
Pending 360 368
Days of Inventory 12 11
Median price $712,500 $750,000
This is the overview of Santa Clara County as a whole. If you are interested in getting information about your particular city, please contact us.
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