Is West Santa Clara, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, West Santa Clara was a Seller's Market.
Housing Prices in West Santa Clara, CA
How much do homes in West Santa Clara, CA cost?
Median Sold Price
$4,840,000
$1,326/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in West Santa Clara was $4,840,000 in June 2024, up 12.8% from last year, and the median price per square foot was $1,326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $983.5K | $325K | -67.0% |
3 Bedrooms | $3.3M | $3.7M | +9.5% |
4 Bedrooms | $3.5M | $4.5M | +28.1% |
5+ Bedrooms | $6.2M | $5.6M | -9.3% |
Summary: West Santa Clara housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 67%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 9.3%.
Housing Supply in West Santa Clara, CA
How many homes are available in West Santa Clara, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Summary: The West Santa Clara real estate market had 34 homes for sale in June 2024, a 30.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 10 | 18 | +80.0% |
Summary: The West Santa Clara housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in West Santa Clara in June 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for West Santa Clara, CA
How long does it take to sell a home in West Santa Clara, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
12 Days | 28 Days | +125.8% |
Summary: Homes in West Santa Clara had an average of 28 days on market in Jun 2024, up by 125.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in West Santa Clara; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.