Santa Clara County Market Statistics

Closed Sales, Single Family Homes

Updated February 16, 2010

Summary: Look at the cyclic nature of the first trend chart below and you'll see that the current market is following the typical seasonal trend. Closed sales dropped (and have likely bottomed), while new listings and inventory levels are starting to rise. This is a completely typical post-Christmas holiday trend for Santa Clara County. Expect all of these indicators to rise next month as both Sellers and Buyers return to the business of listing and purchasing homes. At 65 days, Average Days on Market continues its 12 month downward trend. Prices meanwhile fell for the second month in a row reflecting both the holiday falloff in demand as well as a sales mix dominated by foreclosed bank-owned properties and pre-foreclosed short sales. January's Sales Volume is slightly ahead of last year and should begin to rise in the coming months.  

Conforming mortgage rates have recently fallen back to the low five percent range representing another opportunity for Buyers to purchase and homeowners to refi. The Fed is still on track to halt their purchases of mortgage backed securities at the end of March and this is expected to initiate a rise in long-term rates in the months ahead.

Every city and neighborhood is different so please use the links at the bottom for localized statistics for your area.  

Please contact me if you'd like more detailed information.  

Santa Clara County Inventory, Sales and New Listings

Santa Clara County Continuous Days on Market (CDOM)

Santa Clara County Price

Santa Clara County Sales Volume (Dollars)

Want to know what the market's doing in your particular city?

Click Here for detail trend charts for any city in the greater San Francisco bay area.