That's really the question you should be asking yourself.
Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.
So, do you know what your home is worth in today's market?
Icanhelp...
Contact me for a confidential, no obligation assessment of your home's value.
TheTrueValueof Homeownership
Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides
Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where you live
Here are three ways owning your home can give you a sense of accomplishment, happiness, and pride.
You May Feel Happier and More Fulfilled
Owning a home is associated with better mental health and well-being Gary Acosta, CEO and Co-Founder at the National Association of Hispanic Real Estate Professionals (NAHREP), explains:
"Studies have shown the emotional and psychological benefits that homeownership has on a person’s health and self-esteem . . . ”
Similarly, Habitat for Humanity says:
“Residential stability among homeowners is related to improved life satisfaction, along with better physical and mental health ”
So, according to the experts, owning a home can improve your psychological wellness by making you feel happier and more accomplished.
You Can Engage in Your Neighborhood and Grow Your Sense of Community
Your home connects you to your community Homeowners tend to stay in their homes longer than renters, and that can help you feel more connected to your community because you have more time to build meaningful relationships And, as Acosta says, when people stay in the same area for a longer period of time, it can lead to them being more involved:
“Homeowners also tend to be more active in their local communities . . . ”
After all, it makes sense that someone would want to help improve the area they’re going to be living in for a while.
You Can Customize and Improve Your Living Space
Your home is a place that’s all yours When you own it, unless there are specific homeowner’s association requirements, you’re free to customize it however you see fit Whether that’s small home improvements or full-on renovations, your house can be exactly what you want and need it to be As your tastes and lifestyle change, so can your home As Investopedia tells us:
“One often-cited benefit of homeownership is the knowledge that you own your little corner of the world. You can customize your house, remodel, paint, and decorate without the need to get permission from a landlord.”
Renting can limit your ability to personalize your living space, and even if you do make changes, you may have to undo them before your lease ends. The ability homeownership gives you to customize and improve where you live creates a greater sense of ownership, pride, and connection with your home
Bottom Line
Owning your home can change your life in a way that gives you greater satisfaction and happiness Connect with a local real estate professional today if you’re ready to explore homeownership and all it has to offer
Source: Keeping Current Matters
PaloAlto
What's in the Palo Alto data?
In May, Palo Alto had 95 homes for sale, providing the market with 1.2 months of inventory. There were 37 new listings, and a total of 41 homes sold for an average of $3.6m. The median overbid was 98%, with an average of 26 days on the market.
There were 29 condo and townhome units for sale, providing the market with 1.2 months of inventory There were 11 new listings for sale, and 11 condo sold for an average of $1.8m. The median overbid was 103%, with an average of 26 days on the market.
e-Family Homes
37 New Listings
41 Sold Listings
1.2 Months of Inventory
$3.6M Median Sale Price
98%
Median Sale vs List
26 Avg Days on Market
was sourced from Broker Metrics on June 5th, 2023 and includes all singles, condos, and townhomes in the California Area above from May 2022 to This may include preliminary data, and vary from the time the data was data is deemed reliable but not guaranteed. Questions may be directed to 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
New Listings
11
Sold Listings
1.2
Months of Inventory
103%
Median Sale vs List
$1.8M
Median Sale Price
26
Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $3 8m last May 2022, to $3 6m as of May 2023
Condos & Townhomes
The median sales price has increased from $1.6m last May 2022, to $1.8m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 16 days last May 2022, to 26 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 16 days in May 2022, to 26 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 106 4% last May 2022, to 98% a year later
Condos & Townhomes
The overbid percentage has decreased from 104.4% last May 2022, to 103% a year later.
Redwood City
What's in the Redwood City data?
In May, Redwood had 89 homes for sale, providing the market with 1 month of inventory. There were 59 new listings, and a total of 30 homes sold for an average of $2.1m. The median overbid was 103 7%, with an average of 19 days on the market
There were 19 condo and townhome units for sale, providing the market with 1 month of inventory. There were 11 new listings for sale, and 11 condo sold for an average of $1.3m. The median overbid was 107.4%, with an average of 7 days on the market.
59 New Listings
mes
30 Sold Listings
1 Months of Inventory
$2.1M Median Sale Price
103.7%
Median Sale vs List
19 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
New Listings
Townhomes
11
Sold Listings
1
Months of Inventory
$1.3M
Median Sale Price 107.4%
Median Sale vs List
7 Avg Days on Market
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 3m last May 2022, to $2 1m as of May 2023
Condos & Townhomes
The median sales price remained $1.3m last May 2022, and $1.3m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 14 days last May 2022, to 19 days as of May 2023
Condos & Townhomes
The average time spent on the market went down from 25 days in May 2022, to 7 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 111 3% last May 2022, to 103 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.7% last May 2022, to 107.4% a year later.
Portola Valley
What's in the Portola Valley data?
In May, there were 26 single-family homes for sale, providing the market with 2.1 months of inventory. There were 9 new listings, and 7 homes sold for an average of $3.5m. The overbid was 100 6%, with an average of 34 days on the market
There is no data for condos and townhomes this month.
9 New Listings
7 Sold Listings
2.1 Months of Inventory
$3.5M Median Sale Price
100.6%
Median Sale vs List
34 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No Data For This Month
LISTINGS FOR SALE SOLD LISTINGS
No Data For This Month
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $6 1m last May 2022, to $3 5m as of May 2023
Condos & Townhomes No Data For This Month.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 29 days last May 2022, to 34 days as of May 2023
Condos & Townhomes No Data For This Month
Overbids
Single-Family Homes
The overbid percentage has decreased from 106 4% last May 2022, to 100 6% a year later
Condos & Townhomes No Data For This Month.
MenloPark
What's in the Menlo Park data?
In May, Menlo Park had 69 homes for sale, providing the market with 1.5 months of inventory. There were 40 new listings, and a total of 26 homes sold for an average of $3.5m. The median overbid was 101.5%, with an average of 20 days on the market.
There were 24 condo and townhome units for sale, providing the market with 1 4 months of inventory. There were 11 new listings for sale, and 7 condo sold for an average of $2.1m. The median overbid was 100.7%, with an average of 36 days on the market.
40 New Listings
26 Sold Listings
1.5 Months of Inventory
$3.5M Median Sale Price
101.5%
Median Sale vs List
20 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
New Listings
7
Sold Listings
1.4
Months of Inventory
$2.1M
Median Sale Price
100.7%
Median Sale vs List
36 Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 1m last May 2022, to $3 5m as of May 2023
Condos & Townhomes
The median sales price has increased from $1.6m last May 2022, to $2.1m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 13 days last May 2022, to 20 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 6 days in May 2022, to 36 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 105 3% last May 2022, to 101 5% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.7% last May 2022, to 100.7% a year later.
Atherton
What's in the Atherton data?
There were 43 single-family homes for sale, providing the market with 2.6 months of inventory. There were 10 new listings added, and 6 homes sold for an average of $5.4m. The median overbid was 96.4%, with an average of 76 days spent on the market.
There is no data for condos and townhomes this month
10 New Listings
6 Sold Listings
2.6 Months of Inventory
$5.4M Median Sale Price
96.4%
Median Sale vs List
76 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
The median sales price has decreased from $7 9m last May 2022, to $5 4m as of May 2023
Condos & Townhomes No Data For This Month.
Single-Family Homes
The average time spent on the market went up from 12 days last May 2022, to 76 days as of May 2023
Condos & Townhomes
No Data For This Month
Overbids
Single-Family Homes
The overbid percentage has decreased from 98 7% last May 2022, to 96 4% a year later
Condos & Townhomes
No Data For This Month.
LosAltos
What's in the Los Altos data?
In May, Los Altos had 62 single-family homes for sale, providing the market with 0.8 months of inventory. There were 39 new listings added, and 26 homes sold for an average of $4m. The median overbid was 101.4%, with an average of 15 days on the market.
The condo and townhome market in Los Altos has 16 units for sale, providing the market with 0 9 months of inventory. 7 new listings were added, and 6 condos were sold for an average of $1.3m. The median overbid was 104%, with an average of 19 days on the market.
Single-Family Homes
39 New Listings
26 Sold Listings
0.8 Months of Inventory
$4M Median Sale Price
101.4% Median Sale vs List
15 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
Condo & Townhomes
7
New Listings
6 Sold Listings
0.9
Months of Inventory
$1.3M
Median Sale Price 104%
Median Sale vs List
19 Avg Days on Market
LosAltos
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 5m last May 2022, to $4m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1.4m last May 2022, to $1.3m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 11 days last May 2022, to 15 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 8 days in May 2022, to 19 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 108 4% last May 2022, to 101 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.9% last May 2022, to 104% a year later.
SanJose
What's in the San Jose data?
There were 681 single-family homes for sale, providing the market with only 0.6 months of inventory. 394 new listings were added, and 356 homes were sold for an average of $1.5m. The median overbid was 104.1%, with an average of 14 days on the market.
There are 276 condo and townhome units for sale, providing the market with 0 8 months of inventory There were 164 new listings, and 152 condos sold for an average of $835k. The median overbid was 103%, with an average of 17 days on the market.
Single-Family Homes
394 New Listings
356 Sold Listings
0.6 Months of Inventory
$1.5M Median Sale Price
104.1% Median Sale vs List
14 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
164
New Listings
152
Sold Listings
0.8
Months of Inventory
103%
Median Sale vs List
$835K
Median Sale Price
17
Avg Days on Market
SanJose
Last
Last
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m last May 2022, to $1 5m as of May 2023
Condos & Townhomes
The median sales price has decreased from $910k last May 2022, to $835k as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained 14 days last May 2022 and May 2023
Condos & Townhomes
The average time spent on the market went up from 13 days in May 2022, to 17 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 112% last May 2022, to 104 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.1% last May 2022, to 103% a year later.
Mountain View
What's in the Mountain View data?
In May, Mountain View had 47 homes for sale, providing the market with 0.6 months of inventory. There were 30 new listings added, and a total of 25 homes were sold for an average of $2.5m. The median overbid was 107 2%, with an average of 12 days on the market.
There were 51 condo and townhome units for sale, providing the market with 0.8 months of inventory. 26 new listings were added, and a total of 19 condos were sold for an average of $1m. The median overbid was 103.7%, with an average of 22 days on the market
30 New Listings
25 Sold Listings
0.6 Months of Inventory
$2.5M Median Sale Price
107.2%
Median Sale vs List
12 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
26
New Listings
19
Sold Listings
0.8
Months of Inventory
$1M
Median Sale Price
103.7%
Median Sale vs List
22
Avg Days on Market
Last
Median SalesPrice
Single-Family Homes
The median sales price remained $2 5m last May 2022, and $2 5m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1.2m last May 2022, to $1m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 14 days last May 2022, to 12 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 18 days in May 2022, to 22 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 114 8% last May 2022, to 107 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 111.4% last May 2022, to 103.7% a year later.
SanMateo County
What's in the San Mateo County data?
In May, San Mateo had 411 single-family homes for sale, providing the market with 1.5 months of inventory. There were 434 new listings, and a total of 340 homes sold for an average of $1.8m. The median overbid for single-family homes was 102.1%, with an average of 19 days on the market.
There were 153 condo and townhome units for sale, providing the market with 1.6 months of inventory. There were 131 new listings for sale and a total of 107 condos sold. The median sale price for condos was $915k. The median overbid was 100% The average time on the market was 26 days.
ale Price
ngs on
Market
This data was sourced from Infosparks on June 5th, 2023 and includes all single-family homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
LISTINGS FOR SALE SOLD LISTINGS
May2023
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2m last May 2022, to $1 8m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1m last May 2022, to $915k as of May 2023.
Single-Family Homes
The average time spent on the market went up from 15 days last May 2022, to 19 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 20 days in May 2022, to 26 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 111 2% last May 2022, to 102 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 104.3% last May 2022, to 100.1% a year later.
SantaClara County
What's in the Santa Clara County data?
In May, Santa Clara had 644 single-family homes for sale, providing the market with 1 month of inventory. There were 954 new listings, and a total of 821 homes sold for an average of $1.7m. The median overbid was 103 6%, with an average of 18 days on the market.
There were a total of 250 units for sale, providing the market with 1 month of inventory. There were 368 new listings for sale, and a total of 313 condos sold for an average of $955k. The median overbid was 101.5%, with an average of 20 days on the market
Single-Family Homes
954 New Listings
821 Sold Listings
1 Months of Inventory
$1.7M Median Sale Price
103.6%
Median Sale vs List
18 Avg Days on Market
This data was sourced from Infosparks on June 5th, 2023 and includes all single-family homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
ClaraCounty
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m last May 2022, to $1 7m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1m last May 2022, to $955k as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 12 days last May 2022, to 18 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 12 days in May 2022, to 20 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 111 1% last May 2022, to 103 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 108.7% last May 2022, to 101.5% a year later.
Monterey County
What's in the Monterey County data?
In May, Monterey had a total of 471 single-family homes on the market, providing 1.5 months of inventory. There were 206 new listings, and a total of 152 homes sold for an average of $902k. The median overbid was 94 2%, with an average of 31 days on the market.
There were 59 condo and townhome units for sale, providing the market with 1 month of inventory. There were 27 new listings, and a total of 28 condos sold for an average of $620k. The median overbid was 91.2%, with an average of 27 days on the market
152 Sold Listings mily Homes
ory
$902K Median Sale Price
% ist
31
Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $900k last May 2022, to $902k as of May 2023
Condos & Townhomes
The median sales price has decreased from $640k last May 2022, to $620k as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 22 days last May 2022, to 31 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 19 days in May 2022, to 27 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 99 5% last May 2022, to 94 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 100.7% last May 2022, to 91.2% a year later.
SantaCruz County
What's in the Santa Cruz County data?
In May, Santa Cruz had 402 single-family homes for sale, providing the market with 1.5 months of inventory. There were 194 new listings added, and a total of 119 homes sold for an average of $1 3m The median overbid was 97 1%, with an average of 32 days on the market.
There were 65 condo and townhome units for sale, providing the market with 1.5 months of inventory. There were 37 new listings for sale, and a total of 24 condos were sold for an average of $718k. The median overbid of 98.1%, with an average of 12 days on the market
mes
119 Sold Listings
$1.3M
Median Sale Price
32
Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
37
SantaCruzCounty
ngle-Family Homes ast 12 months, year-over-year.
ondos & Townhomes
Median SalesPrice
Single-Family Homes
The median sales price remained $1 3m last May 2022, and $1 3m as of May 2023
Condos & Townhomes
The median sales price has decreased from $852k last May 2022, to $718k as of May 2023.
AVGDays
Single-Family Homes
The average time spent on the market went up from 16 days last May 2022, to 32 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 10 days in May 2022, to 12 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 107% last May 2022, to 97 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.4% last May 2022, to 98.1% a year later.
East PaloAlto
What's in the East Palo Alto data?
In May, East Palo Alto had 13 single-family homes for sale, providing the market with 2.2 months of inventory. 6 new listings were added, and 8 homes were sold for an average of $880k. The overbid was 105 2%, with an average of 40 days on the market.
There was no data for condo and townhouse units this month.
Single-Family Homes
6 New Listings
8 Sold Listings
2.2 Months of Inventory
$880K Median Sale Price
105.2% Median Sale vs List
40 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No Data For This Month
Single-Family Homes
Last 12 months, year-over-year. Condos & Townhomes
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 2m last May 2022, to $880k as of May 2023
Condos & Townhomes No Data For This Month.
AVGDays OntheMarket
Single-Family Homes
The average days on market went up from 15 days last May 2022, to 40 days as of May 2023
Condos & Townhomes No Data For This Month
Overbids
Single-Family Homes
The overbid percentage has decreased from 106 4% last May 2022, to 105 2% a year later
Condos & Townhomes No Data For This Month.
Sunnyvale
What's in the Sunnyvale data?
In May, Sunnyvale had 97 single-family homes for sale, providing 0.5 months of inventory. There were 75 new listings, and 60 homes were sold for an average of $2.3m. The median overbid was 107.8%, with an average of 10 days on the market.
There were 42 condo and townhouse units for sale, providing the market with 0.6 months of inventory There were 27 new listings, and 28 units were sold for an average of $1.1m.The median overbid was 103.9%, with an average of 14 days on the market.
Single-Family Homes
75 New Listings
60 Sold Listings
0.5 Months of Inventory
$2.3M Median Sale Price
107.8% Median Sale vs List
10 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
27 New Listings
28 Sold Listings
0.6 Months of Inventory
$1.1M Median Sale Price 103.9% Median Sale vs List 14 Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 5m last May 2022, to $2 3m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1.4m last May 2022, to $1.1m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 12 days last May 2022, to 10 days as of May 2023
Condos & Townhomes
The average time spent on the market went up from 11 days in May 2022, to 14 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 9% last May 2022, to 107 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.5% last May 2022, to 103.9% a year later.
SantaClara City
What's in the Santa Clara City data?
In May, Santa Clara had total number of 77 singlefamily homes for sale, providing 0.5 months of inventory. There were 49 new listings, and 39 homes sold for an average of $1.7m. The median overbid was 107 1%, with an average of 14 days spent on the market.
There were 36 condo and townhome units for sale, providing 1.1 months of inventory. There were 19 new listings, and 17 condo units sold for an average of $1m. The median overbid was 106.2%, with an average of 10 days spent on the market
Single-Family Homes
49 New Listings
39 Sold Listings
0.5 Months of Inventory
$1.7M Median Sale Price
107.1% Median Sale vs List
14 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
Listings
Listings
2
2
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m last May 2022, to $1 7m as of May 2023
Condos & Townhomes
The median sales price has decreased from $1.1m last May 2022, to $1m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained 14 days last May 2022 and May 2023
Condos & Townhomes
The average time spent on the market remained 10 days last May 2022 and May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 116 1% last May 2022, to 107 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.6% last May 2022, to 106.2% a year later.
Saratoga
What's in the Saratoga data?
In May, Saratoga had 52 single-family homes for sale, providing the market with 1 month of inventory. There were 22 new listings, and a total of 29 homes sold for an average of $3.8m. The median overbid was 99.3%, with an average of 22 days on the market.
There were 6 condo and townhome units for sale, providing 1 month of inventory There were 4 new listings for sale, and a total of 2 condos sold for an average of $2.1m. The median overbid was 92.7%, with an average of 5 days on the market.
Single-Family Homes
22 New Listings
29 Sold Listings
1 Months of Inventory
$3.8M Median Sale Price
99.3% Median Sale vs List
22 Avg Days on Market
This data was sourced from Broker Metrics on June 5th, 2023 and includes all singlefamily homes, condos, and townhomes in the California Area above from May 2022 to May 2023. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642. Copyright KW Advisors 2023. Each office is independently owned and operated.
4 New Listings
2 Sold Listings
1 Months of Inventory
$2.1M
Median Sale Price 92.7%
Median Sale vs List
5 Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 1m last May 2022, to $3 8m as of May 2023
Condos & Townhomes
The median sales price has increased from $1m last May 2022, to $2.1m as of May 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 17 days last May 2022, to 22 days as of May 2023
Condos & Townhomes
The average time spent on the market went down from 8 days in May 2022, to 5 days as of May 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 111 8% last May 2022, to 99 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.6% last May 2022, to 92.7% a year later.
