Market Update
DECEMBER 2025
KW Bay Area Estates
Jump to Los Gatos/Monte Sereno Report LosGatos/MonteSereno
Jump to Cambrian (San Jose) Report Cambrian(SanJose)
Jump to Saratoga Report Saratoga
Jump to Santa Clara County Report SantaClaraCounty
Jump to Almaden Valley (San Jose) Report Almaden Valley (San Jose)
Jump to Blossom Valley (San Jose) Report BlossomValley(SanJose)
Jump to Campbell Report Campbell
Jump to Cupertino Report Cupertino
Jump to Los Altos Report LosAltos
Jump to Santa Teresa (San Jose) Report Santa Teresa (San Jose)
Jump to Santa Clara City Report SantaClaraCity
Jump to South San Jose Report SouthSanJose
Jump to Sunnyvale Report Sunnyvale
Jump to Willow Glen (San Jose) Report WillowGlen(SanJose)
Momentum is quietly building in the housing market. New data from NerdWallet shows more Americans are starting to think about buying a home again. Last year, 15% of respondents said they planned to buy a home in the next 12 months. This year, that number rose to 17%.
That 2% increase might not sound like a big jump, but in a market where buyer demand has been cooling for the past few years, it’s a sign things are starting to shift. More people are feeling ready (or at least closer to ready) to take the leap and buy a home in 2026.
And if you’re in that camp and buying a home is on your goal sheet this year, this is your nudge to connect with a local agent and a trusted lender to start laying the groundwork now.
Los Gatos/Monte Ser
The market for Single Family Homes, Condo, and Townhomes units saw 23 closed sales at a median price of $2.2m. There was a total of 23 new listings with an average of 34 days on the market without price reduction and with an average price per square foot of $1,100.
What's in the Los Gatos/Monte Sereno data?
December
2025
23
$1,100
23
Year-over-Year
Year-over-Year
34
15 New Listings
47
Average Days-on-Market
$4M
Median Sale Price
12 Closed Sales
$1,403
Average Price Per SqFt
$49.5M
Total Volume
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
20 Average Days-on Market
$955K Median Sale Price
11 Closed Sales
$768 Average Price Per SqFt
$11.5M Total Volume
Luxury Listings for Sale
Cambrian (San Jose)
What's
The market for Single Family Homes, Condo, and Townhomes units saw 29 closed sales at a median price of $1.7m. There was a total of 29 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $1,163.
in the Cambrian (San Jose) data?
December 2025
29
29
$1,163
Year-over-Year
$1.7M
Year-over-Year
25
$52.8M Total Volume +8.7% Year-over-Year
Year-over-Year
2
32 Average Days-on Market
$725K Median Sale Price
3 Closed Sales
$652 Average Price Per SqFt
$2.1M Total Volume
Luxury Listings for Sale
Saratoga
What's in the Saratoga data?
The market for Single Family Homes, Condo, and Townhomes units saw 26 closed sales at a median price of $3.6m. There was a total of 10 new listings with an average of 30 days on the market without price reduction and with an average price per square foot of $1,524.
December 2025
10
Year-over-Year
$1,524
Year-over-Year
26 $3.6M
30
Family Homes
7 New Listings
30 Average Days-on-Market
21 Closed Sales
$1,660
Average Price Per SqFt $4.2M
Median Sale Price
$94.9M
Total Volume
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
3
32 Average Days-on Market
$2M Median Sale Price
5 Closed Sale $10.4M Total Volume
$956 Average Price Per SqFt
Luxury Listings for
Santa Clara County
What's
The market for Single Family Homes, Condo, and Townhomes units saw 715 closed sales at a median price of $1.5m. There was a total of 606 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $1,021.
in the Santa Clara County data?
December 2025
606
Year-over-Year
$1,021
Year-over-Year
Year-over-Year
Year-over-Year
33 $1.3B
Year-over-Year -14.3% Year-over-Year
398 New Listings
29 Average Days-on-Market
$1.8M
Median Sale Price
483 Closed Sales
$1,155
Average Price Per SqFt
$1.1B
Total Volume
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
208
39 Average Days-on Market
$925K Median Sale Price
233 Closed Sales
$740 Average Price Per SqFt
$240M Total Volume
Luxury Listings for Sale
Almaden Valley (San
What's in the Almaden Valley (San
data?
The market for Single Family Homes, Condo, and Townhomes units saw 19 closed sales at a median price of $1.9m. There was a total of 13 new listings with an average of 35 days on the market without price reduction and with an average price per square foot of $949.
Jose)
December 2025
13
19
$949
$1.9M
35
Year-over-Year
$36.1M
Family Homes 12 New Listings
24 Average Days-on-Market $991 Average Price Per SqFt $2M
$31.4M
Total Volume
Median Sale Price 15 Closed Sales
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
Condo & Townhomes
1 New Listing
77 Average Days-on Market
$1M Median Sale Price
4 Closed Sales
$794 Average Price Per SqFt
$4.6M Total Volume
Blossom Valley (San
What's in the Blossom Valley (San
The market for Single Family Homes, Condo, and Townhomes units saw 46 closed sales at a median price of $1.3m. There was a total of 37 new listings with an average of 38 days on the market without price reduction and with an average price per square foot of $779.
Jose) data?
December 2025
37
+42.3% Year-over-Year
Average Price Per SqFt
$779 New Listings
-7.2% Year-over-Year
46
$1.3M Closed Sales Median Sale Price -22% Year-over-Year -3.8% Year-over-Year
Average Days-on-Market
38
Total Volume +58.3% Year-over-Year
$56.6M
-21.6% Year-over-Year
Data includes all single family, townhome, and condominium sales in San Mateo County sourced from MLS Listings. The most recent month’s data is based on available numbers, but October change with late reported activity Data from sources deemed reliable but October contain errors and are subject to revision
51 Average Days-on Market
$617K Median Sale Price
16 Closed Sales $10.2M Total Volume
$647 Average Price Per SqFt
Luxury Listings for Sale
Campbell
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 17 closed sales at a median price of $1.9m. There was a total of 16 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $1,232.
December 2025
16
Year-over-Year
$1,232
25 $30.3M
Sales
12 Average Days-on-Market $1,406 Average Price Per SqFt $2.1M Median Sale Price 13
$27M Total Volume
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
Condo & Townhomes
2 New Listings
65 Average Days-on Market
$737K Median Sale Price
4 Closed Sales
$668 Average Price Per SqFt
$3.2M Total Volume
Cupertino
What's in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 20 closed sales at a median price of $2.9m. There was a total of 16 new listings with an average of 26 days on the market without price reduction and with an average price per square foot of $1,586.
16
2025
$1,586
Price Per SqFt +60% Year-over-Year +7.1% Year-over-Year
20
$2.9M Median Sale Price -13% Year-over-Year
Year-over-Year
26
$57.7M Total Volume +116.7% Year-over-Year -9.3% Year-over-Year
Condo & Townhomes
28 Average Days-on Market
$1.6M Median Sale Price
5 Closed Sales
$979 Average Price Per SqFt
$7.9M Total Volume
Luxury Listings for Sale
Los Altos
What's in the Los
The market for Single Family Homes, Condo, and Townhomes units saw 12 closed sales at a median price of $4.4m. There was a total of 8 new listings with an average of 27 days on the market without price reduction and with an average price per square foot of $2,023.
Altos data?
December 2025
8
$2,023
Year-over-Year
12
Year-over-Year
$4.4M
Year-over-Year
27
Year-over-Year
$52.3M Total Volume
Year-over-Year
6 New Listings
11 Closed Sales
16 Average Days-on-Market
$2,066
Average Price Per SqFt $4.4M
Median Sale Price
$50.6M
Total Volume
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
Condo & Townhomes
2 New Listings
1 Closed Sale
155 Average Days-on Market
$1,545 Average Price Per SqFt
$1.7M Median Sale Price
$1.7M Total Volume
Santa Teresa (San Jo
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 20 closed sales at a median price of $1.2m. There was a total of 12 new listings with an average of 35 days on the market without price reduction and with an average price per square foot of $711.
Santa Teresa (San Jose) data?
December 2025
12
$711
6 New Listings
23 Average Days-on-Market $758 Average Price Per SqFt $1.5M
$17.6M
Total Volume
Median Sale Price 12 Closed Sales
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity. Data from sources deemed reliable but October contain errors and are subject to revision.
54 Average Days-on Market
$823K Median Sale Price
8 Closed Sales
$641 Average Price Per SqFt
$7.3M Total Volume
Luxury Listings for Sale
BY MONTH, YEAR-OVER-YEAR
(+$3,000,000 & Above)
Nodatatodisplay
Luxury Contracts Signed
BY MONTH, YEAR-OVER-YEAR
& Above)
Nodatatodisplay
Santa Clara City
What's in the Santa
The market for Single Family Homes, Condo, and Townhomes units saw 37 closed sales at a median price of $1.6m. There was a total of 35 new listings with an average of 33 days on the market without price reduction and with an average price per square foot of $1,074.
Clara City data?
December 2025
35
+40% Year-over-Year
Average Price Per SqFt
$1,074 New Listings
-3.7% Year-over-Year
37
$1.6M Closed Sales Median Sale Price -7.5% Year-over-Year -1.6% Year-over-Year
Average Days-on-Market
33
Total Volume +37.5% Year-over-Year
$62.2M
-9.7% Year-over-Year
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity Data from sources deemed reliable but October contain errors and are subject to revision
Condo & Townhomes
9 New Listings
56 Average Days-on Market
$1.1M Median Sale Price
13 Closed Sales
$811 Average Price Per SqFt
$14M Total Volume
Luxury Listings for Sale
South San Jose
What's in the South
The market for Single Family Homes, Condo, and Townhomes units saw 32 closed sales at a median price of $1m There was a total of 32 new listings with an average of 24 days on the market without price reduction and with an average price per square foot of $694.
San Jose data?
December 2025
32
+68.4% Year-over-Year
Average Price Per SqFt
$694 New Listings
-6.3% Year-over-Year
32 $1M Closed Sales Median Sale Price -15.8% Year-over-Year
+2.1% Year-over-Year
Total Volume -7.7% Year-over-Year
24 $31.3M Average Days-on-Market
+20.8% Year-over-Year
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity Data from sources deemed reliable but October contain errors and are subject to revision
19 New Listings
22 Average Days-on Market
$620K Median Sale Price
15 Closed Sales
$578 Average Price Per SqFt
$11M Total Volume
Luxury Listings for Sale
Sunnyvale
What's in the Sunnyvale data?
The market for Single Family Homes, Condo, and Townhomes units saw 47 closed sales at a median price of $1.6m. There was a total of 42 new listings with an average of 30 days on the market without price reduction and with an average price per square foot of $1,215.
December 2025
New Listings
42
+55.6% Year-over-Year
Average Price Per SqFt
$1,215
-1.1% Year-over-Year
47
$1.6M Closed Sales Median Sale Price -7.8% Year-over-Year
-6.4% Year-over-Year
Average Days-on-Market
30 $90M
Total Volume +3.5% Year-over-Year
-15.5% Year-over-Year
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity Data from sources deemed reliable but October contain errors and are subject to revision
18 New Listings
31 Average Days-on Market
$1.4M Median Sale Price
19 Closed Sales
$872 Average Price Per SqFt
$25.6M Total Volume
Willow Glen (San Jos
What's in
The market for Single Family Homes, Condo, and Townhomes units saw 37 closed sales at a median price of $2m. There was a total of 32 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,114.
the Willow Glen (San Jose) data?
December 2025
New Listings
32
+39.1% Year-over-Year
Average Price Per SqFt
$1,114
+2.6% Year-over-Year
37
$2M Closed Sales Median Sale Price -9.8% Year-over-Year -5.2% Year-over-Year
Average Days-on-Market
23
Total Volume -17.9% Year-over-Year
$82.3M
-4.9% Year-over-Year
Data includes all single family, townhome, and condominium sales in the Bay Area sourced from MLS Listings. The most recent month’s data is based on available numbers but October change with late reported activity Data from sources deemed reliable but October contain errors and are subject to revision
Condo & Townhomes
16 Average Days-on Market
$1.1M Median Sale Price
6 Closed Sales
$681 Average Price Per SqFt
$6.4M Total Volume
Luxury Listings for Sale
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Dedicated to upholding unparalleled standards for integrity and client care, they strive to create a culture where agents thrive while developing their own businesses to their maximum potential. KW Bay Area Estates has distributed to their associates over $2.7 million in profit share.
