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Summer 2024 real estate stats near Silicon Valley

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

                                                                Sam Shueh

                                                                BRG Realty

                                                                 San Jose, CA

                                            (408) 425-1601     SamShuehRealtor@gmail.com

Greetings, Here is the statistics from SFBA. Specifically Santa Clara County asking price on homes near job center is dipping slightly more than other areas.

 

Housing Inventory Snapshot June 27, 2024
County Avg List Price 30 Day Trend Avg Sold Price 30 Day Trend Avg DOM: active/sold 30 Day Trend # Active Listings 30 Day Trend
Alameda County, CA
Single Family $963,162 -3.2% $1,053,563 -9.3% 39 / 19 2 / 2 750 103
Luxury Single Family $2,389,492 -10.2% $2,179,460 -3.9% 37 / 13 -1 / 1 248 34
Condo/Townhome $547,378 +0.01% $554,204 -8.9% 48 / 26 -5 / -2 403 26
Luxury Condo/Townhome $1,037,452 -3.9% $1,111,551 +0.5% 35 / 21 10 / 7 129 4
Contra Costa County, CA
Single Family $948,819 -1.5% $912,044 -4.1% 43 / 21 2 / 3 782 94
Luxury Single Family $3,381,869 -7.2% $2,505,679 -10.1% 47 / 17 0 / 4 263 36
Condo/Townhome $483,667 +2.0% $509,066 +6.8% 48 / 31 -1 / -3 320 57
Luxury Condo/Townhome $1,072,896 -1.40% $1,175,792 +3.53 37 / 26 -4 / 7 108 22
Monterey County, CA
Single Family $1,302,459 -1.9% $1,110,520 -5.4% 64 / 28 -4 / 1 281 35
Luxury Single Family $7,212,458 -1.4% $4,793,914 -24.9% 89 / 22 9 / -44 83 9
Condo/Townhome $697,927 -15.1% $891,500 +39.3% 54 / 52 2 / 16 41 1
Luxury Condo/Townhome $1,744,636 N/A $1,647,500 N/A 51 / 12 N/A / N/A 11 N/A
San Mateo County, CA
Single Family $2,293,369 -5.7% $2,150,175 -11.3% 51 / 16 -17 / 3 316 -10
Luxury Single Family $13,409,277 +6.0% $9,173,826 +7.3% 105 / 42 -36 / -4 94 -6
Condo/Townhome $738,923 -6.9% $855,593 -0.2% 83 / 28 -7 / 5 165 16
Luxury Condo/Townhome $1,746,352 +1.2% $1,698,228 -9.8% 67 / 13 17 / -3 51 5
Santa Clara County, CA
Single Family $1,783,350 -5.9% $1,893,933 -8.1% 30 / 12 -17 / 0 647 72
Luxury Single Family $5,983,196 -15.1% $4,723,489 -3.5% 71 / 20 -54 / 5 208 22
Condo/Townhome $853,423 -0.7% $926,032 +0.5% 38 / 17 -4 / 2 400 35
Luxury Condo/Townhome $1,775,223 -0.2% $1,685,099 -3.8% 36 / 16 -3 / 6 133 18
Santa Cruz County, CA
Single Family $1,294,249 +0.8% $1,366,014 +8.3% 44 / 28 -5 / -2 188 -2
Luxury Single Family $4,129,292 -0.5% $3,382,625 +1.2% 61 / 33 5 / 17 62 6
Condo/Townhome $792,078 +1.5% $818,316 +11.9% 66 / 23 -6 / -9 56 6
Luxury Condo/Townhome $1,541,933 +2.7% $1,350,000 -6.2% 75 / 3 15 / -2 15 4

Comments(9)

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

Hello Sam and thank you for sharing your market report with us on this Saturday.  Hope your phone is ringing.

Jul 06, 2024 09:33 AM
Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Hi, Sam. It is good to see some strong numbers. Thank you for sharing. Have a great weekend.

Jul 06, 2024 09:57 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Jul 06, 2024 11:18 AM
John Pusa
Glendale, CA

Hello Sam Shueh very valuable real estate stats near Silicon Valley Summer 2024.

Jul 06, 2024 11:22 AM
Ray Henson
Retired - Goodyear, AZ
Retired Real Estate Agent

Thank you for your thorough  real estate update.  I might not be in California any more, but I do like to keep up on the real estate trends there.

Jul 06, 2024 03:55 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sam Shueh  so which county do you call home? Inquiring minds want to know, Endre

Jul 06, 2024 11:12 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I see a lot of red in the stats.  I hope that you are having a wonderful weekend!

Jul 07, 2024 05:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Sam... those are some "crazy high" sale prices compared to my market! I always ask what "real" people do in California.

Jul 07, 2024 01:58 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sam, like Nina, your prices are eye-popping high.   No wonder we are getting many Californians.

Aug 20, 2024 07:49 AM