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 May 2023
Since last year, West Santa Clara has remained a Seller's Market.
Housing Prices in West Santa Clara, CA
How much do homes in West Santa Clara, CA cost?
Median Sold Price
$4,767,500
$1,317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Santa Clara was $4,767,500 in May 2024, up 8.4% from last year, and the median price per square foot was $1,317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $983.5K | $325K | -67.0% |
3 Bedrooms | $3.3M | $3.2M | -2.7% |
4 Bedrooms | $4.0M | $4.4M | +10.3% |
5+ Bedrooms | $7.6M | $5.6M | -25.4% |
Summary: West Santa Clara housing prices by bedroom type for May 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 decreased by 2.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Cities
Cupertino | $2.5M | $2.9M | +18.5% |
West Santa Clara | $4.4M | $4.7M | +8.4% |
Saratoga | $3.5M | $3.7M | +7.6% |
Los Altos Hills | $5.2M | $5.5M | +5.6% |
Los Altos | $3.7M | $3.9M | +4.1% |
Housing Supply in West Santa Clara, CA
How many homes are available in West Santa Clara, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The West Santa Clara real estate market had 29 homes for sale in May 2024, a 31.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The West Santa Clara housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in West Santa Clara in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
77 Days | 8 Days | -88.7% |
Summary: Homes in West Santa Clara had an average of 8 days on market in May 2024, down by 88.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in West Santa Clara; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.