August 2025 Report
Single Family Homes in Santa Clara County, All Cities, All Neighborhoods Change >
Average Price$2,306,550
+1.2%
Pending Properties584
+2.3%
Sale/List Price Ratio102.3%
-0.6%
Days of Inventory35
-14.8%
Trends at a Glance
| Trends At a Glance |
Aug 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$1,900,000 (0.0%) |
$1,900,000 |
$1,851,830 (+2.6%) |
| Average Price |
$2,306,550 (+1.2%) |
$2,278,610 |
$2,273,600 (+1.4%) |
| No. of Sales |
652 (-1.4%) |
661 |
670 (-2.7%) |
| Pending |
584 (+2.3%) |
571 |
546 (+7.0%) |
| Active |
761 (-15.9%) |
905 |
688 (+10.6%) |
| Sale vs. List Price |
102.3% (-0.6%) |
103.0% |
105.0% (-2.5%) |
| Days on Market |
25 (+9.4%) |
23 |
19 (+33.0%) |
| Days of Inventory |
35 (-14.8%) |
41 |
31 (+13.7%) |
Market Commentary
The median sales price for single-family, re-sale homes was up 2.6% compared to last year.
The average sales price for single-family, re-sale homes was up 1.4% year-over-year. The average sales price was $2,306,550.
Sales of single-family, re-sale homes were down 2.7%, year-over-year. There were 652 homes sold in Santa Clara County last month. The monthly average since 2000 is 987.
The sales price to list price ratio fell from 103% to 102.3%.
Pending sales were up 7% year-over-year. There are 584 homes in escrow.
Inventory of single-family, re-sale homes was up 10.6% compared to last year. As of September 5th, there were 761 homes for sale in Santa Clara County. The average since January 2000 is 2,703.
Days of Inventory, or how long it would take to sell all homes listed for sale at the current rate of sales, fell from 41 days to 35 days. The average since 2003 is 89.
It took twenty-five days to sell a home last month. That is the time from when a home is listed for sale to when it goes into contract.
The median sales price for condos was down 8% compared to last year. The median sales price was $940,000. The average sales price fell 6.1% year-over-year. The average sales price was $1,039,180.
Condo sales were down 6%. There were 249 condos sold in August.
The sales price to list price ratio fell from 100.5% to 100.3%.
Pending sales were down 7.4% year-over-year. There are 264 condos in escrow.
Condo inventory was up 41.8% compared to last year.
As of September 5th, there were 563 condos for sale in Santa Clara County. The average since January 2000 is 757.
Days of inventory fell from seventy-seven to sixty-eight.
It took an average of thirty-six days to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.