Silicon Valley and SF Bay Area 2022 -Q3 home stats

By
Real Estate Agent with (408) 425-1601 CA bre 1519182

                                                             Sam Shueh

                                                          BRG Realty

                                                Silicon Valley Businesses Ctr

                                                          San Jose, CA  95124

                    (408) 425-1601   SamShuehRealtor at Gmail.com

This is the stat summary from third quarter of 2022. The mortgage interest rise is the main reason for longer market time (more red than almost all green for last many qtrs). 

Sam Shueh Realtor

 I've called San Francisco South Bay home for over many years. We love this area and all it has to offer, and I enjoy sharing what I know about homes.  I documented in several books about Silicon Valley history. I have much expertise in real estate...please give me a call.  (408) 425-1601

 

Housing Inventory Snapshot October 11, 2022
  Avg List Price 30 Day Trend Avg Sold Price 30 Day Trend

Avg

DOM: active/sold

30 Day Trend No of Active Listing 30 Day Trend
Alameda County, CA
Single Family $1,037,578 -0.45% $1,080,484 -1.21% 42 / 27 3 / 4 864 -7
Luxury Single Family $2,623,511 -2.11% $2,231,097 -2.33% 43 / 30 1 / 6 287 0
Condo/Town $627,126 -2.38% $642,219 +4.01% 47 / 28 6 / 0 348 -29
Luxury Condo/Town $1,144,026 -2.92% $1,071,603 -3.93% 46 / 24 6 / 3 116 -2
Contra Costa County, CA
Single Family $824,289 -0.13% $844,027 +3.08% 45 / 31 6 / 6 913 -66
Luxury Single Family $2,642,391 +2.34% $2,257,463 +3.78% 48 / 27 3 / 2 304 -25
Condo/Town $512,059 -2.77% $518,569 -3.69% 39 / 28 2 / 7 205 -2
Luxury Condo/Town $1,189,069 -0.36% $1,109,913 -5.18% 36 / 21 6 / 6 67 2
Monterey County, CA
Single Family $974,197 -1.87% $941,456 -5.39% 58 / 29 9 / 3 260 -17
Luxury Single Family $7,525,922 +3.44% $4,466,748 -6.27% 136 / 34 13 / -29 80 -4
Condo/Town $667,814 +9.10% $760,548 +34.4% 35 / 22 2 / 2 28 2
San Mateo County, CA
Single Family $2,150,105 +10.68% $1,813,964 -6.39% 43 / 26 2 / 6 368 33
Luxury Single Family $8,724,443 +7.76% $6,391,389 +11.5% 82 / 55 -1 / 35 122 10
Condo/Town $831,665 -2.26% $876,045 +5.67% 63 / 38 7 / 1 158 -11
Luxury Condo/Town $1,744,896 +2.32% $1,793,932 +2.92% 51 / 45 6 / 37 51 -3
Santa Clara County, CA
Single Family $1,684,222 +4.65% $1,648,066 +2.85% 48 / 24 1 / 2 707 -46
Luxury Single Family $5,806,059 +8.79% $4,122,160 +5.17% 63 / 24 6 / 0 218 -21
Condo/Town $799,395 -0.39% $792,049 +2.46% 50 / 28 6 / 3 314 -30
Luxury Condo/Town $1,618,389 +2.94% $1,495,192 -1.88% 48 / 25 6 / 5 99 -15
Santa Cruz County, CA
Single Family $1,247,080 -1.19% $1,158,033 -7.21% 61 / 28 5 / -1 167 -9
Luxury Single Family $3,492,781 -7.08% $3,873,643 +39.0% 76 / 40 -6 / 21 58 -1
Condo/Town $745,295 +9.23% $828,300 +8.17% 101 / 16 34 / -13 27 -10

Comments (8)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sam and great information to share with us here in the Rain.  Make it a great Tuesday!

Oct 11, 2022 08:44 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Santa Clara, San Mateo and parts of Alameda Counties are known for high technology companies.  In recent years numerous social media, gaming and cloud companies have moved to San Francisco drove home prices sky high.  It has seen some relief with work at home to relief traffic congestions.

 

Oct 11, 2022 08:44 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I expect the market to be that way and man is it a beautiful place if you can swing it

Oct 11, 2022 08:46 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Beautiful place to be. Land of opportunity.

Oct 11, 2022 08:48 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Great report, Sam, on your market... compared with the Charlotte area, the prices are very "impressive."

Oct 11, 2022 09:10 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon Sam,

You are definitely the agent to call with experience in the area! Excellent market overview with high dollar prices!!

Oct 11, 2022 12:08 PM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Great overview of the Bay Area.  Thank you for all the useful information.  Your markets affect what happens here in Elk Grove.

Oct 21, 2022 06:32 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sam, thank you for sharing your market report for Silicon Valley and the Bay area.   You have very healthy home values!

Oct 27, 2022 06:05 AM