Bay Area Estates
Alameda County
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Contra Costa County
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San Mateo County
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Santa Clara County
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Central San Jose
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South San Jose
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Almaden Valley (San Jose)
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Alum Rock (San Jose)
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Berryessa (San Jose)
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Jump to Blossom Valley (San Jose) Report
Cambrian (San Jose) Blossom Valley (San Jose)
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Evergreen (San Jose)
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Santa Teresa (San Jose)
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Willow Glen (San Jose)
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Jump to Campbell Report Campbell
Jump to Cupertino Report Cupertino
Los Altos
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Los Altos Hills
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Los Gatos Mountains
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Los Gatos/Monte Sereno
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Milpitas
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Morgan Hill/Gilroy/San Martin
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Mountain View
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Palo Alto
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Santa Clara City
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Saratoga
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Sunnyvale
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What’s your home really worth in today’s market?
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?
I can help...
Contact me for a confidential, no obligation assessment of your home's value.
WhyHavingYourOwnAgentMattersWhen BuyingaNewConstructionHome
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you.
But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says:
“Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.”
Here’s how having your own agent is key when you build or buy a new construction home.
Alameda County
What's in the Alameda County data?
The 4th quarter of 2023 was defined by optimism with the continued avoidance of a deep recession a distinct possibility, year over year inflation significantly easing, strong job growth quarter over quarter (and month over month), significant drops in long term treasury yields, and hints of a reduction in the Fed Funds Rate – all of which point to an easing on the overall real estate market. Despite this optimism for the future, the residential real estate market is still in a tough spot, with mortgage rates at 20-year highs and a lack of overall inventory plaguing many markets. What the future holds is still a mystery, but it looks much brighter than previous quarter ends would have suggested.
The below data and report provide a snapshot of performance in the local real estate market over the past quarter, and potentially provides a glimpse into the future.
The overall market performed surprisingly well despite a typical seasonal slowdown and persistently high mortgage rates. As expected, overall sales were down over the previous 2 quarters – but up about 0% year over year. Following this, total dollar volume was down off Q2 and Q3, but up 0% year over year. New Listing followed the same trend too but were surprisingly up 0% over Q4 2022. Average days properties sat on the market increased by a couple over the previous quarter but were down over a week from Q4 2022 and close to records we saw a few years ago. The average sold price exceeded the average list price by approximately 0%. Overall sold prices followed the above, where they predominantly rose year over year, but slightly down quarter over quarter – which has been typical of Q4 over the past several years.
Joe Han | General Manager & Senior VP
2024
New Listings
000
+0% Year-over-Year
Average Price Per SqFt
$000
+0% Year-over-Year
000
+0% Year-over-Year
Median Sale Price
$0.0M Closed Sales
+0% Year-over-Year
Average Days-on-Market
00
-0% Year-over-Year
Total Volume
$0M
+0% Year-over-Year
Alameda County
Single Family Homes
The Single-Family segment performed very similarly to the overall market, with new listings and transactions down quarter over quarter – but up year over year (23% and 3%) Average days on the market fell by over a week from Q4 2022 and were only slightly up over Q2 and Q3. Total Dollar Volume increased by 6% YoY and eclipsed $3BB in total transactions The avg sold price vs list price was 93% but was skewed by a few large outliers. Diving down into submarkets and bedroom type, the most transactions occurred in the Morgan Hill submarket with the largest average Year over Year price increase occurring in the Evergreen submarket at 21%.
Overall, 21 of the 23 submarkets saw year over year increases. The largest overall transaction occurred in Palo Alto and eclipsed $7 6M When looking at properties by number of bedrooms – all were up year over year, but down over the previous quarter. The largest year over year increase was in the 1-bedroom category, which was up 29% year over year
Median Sales Price Median Sales Price vs. Original Asking Price
Alameda County
Townhomes & Condominiums
Like a broken record, townhomes and condos follow the overall market and single-family homes – with transactions up year over year, but down quarter over quarter New listings were significantly up, and even surpassed Q2 and Q3. Dollar volume was up 0% year over year and edged close to $0M in total volume The average listing price was up 0% with the average sold price up 0% - with the average sold price beating out the listing price by 0% The most transactions occurred in the Central San Jose submarket
The largest average year over year price increase occurred in the South San Jose submarket – at a very strong 0% Like Single Family Homes, the largest individual transaction occurred in the Palo Alto submarket. All but 0 of the individual submarkets saw year over year price increases, and most of those that fell were essentially flat year over year. When looking at properties by bedroom type, all but the 0 BR category was up – with 0 and 0 BR types up about 0% each (YoY)
Median Sales Price Median Sales Price vs. Original Asking Price
Contra Costa County
What's in the Contra Costa County data?
The 4th quarter of 2023 was defined by optimism with the continued avoidance of a deep recession a distinct possibility, year over year inflation significantly easing, strong job growth quarter over quarter (and month over month), significant drops in long term treasury yields, and hints of a reduction in the Fed Funds Rate – all of which point to an easing on the overall real estate market. Despite this optimism for the future, the residential real estate market is still in a tough spot, with mortgage rates at 20-year highs and a lack of overall inventory plaguing many markets. What the future holds is still a mystery, but it looks much brighter than previous quarter ends would have suggested.
The below data and report provide a snapshot of performance in the local real estate market over the past quarter, and potentially provides a glimpse into the future.
The overall market performed surprisingly well despite a typical seasonal slowdown and persistently high mortgage rates. As expected, overall sales were down over the previous 2 quarters – but up about 0% year over year. Following this, total dollar volume was down off Q2 and Q3, but up 0% year over year. New Listing followed the same trend too but were surprisingly up 0% over Q4 2022. Average days properties sat on the market increased by a couple over the previous quarter but were down over a week from Q4 2022 and close to records we saw a few years ago. The average sold price exceeded the average list price by approximately 0%. Overall sold prices followed the above, where they predominantly rose year over year, but slightly down quarter over quarter – which has been typical of Q4 over the past several years.
Joe Han | General Manager & Senior VP
March 2024
000
+0% Year-over-Year
Average Price Per SqFt
$000 New Listings
000
+0% Year-over-Year
Median Sale Price
$0.0M Closed Sales
Average Days-on-Market
00
Total Volume -0% Year-over-Year
$0M
Contra Costa County
Single Family Homes
The Single-Family segment performed very similarly to the overall market, with new listings and transactions down quarter over quarter – but up year over year (23% and 3%) Average days on the market fell by over a week from Q4 2022 and were only slightly up over Q2 and Q3. Total Dollar Volume increased by 6% YoY and eclipsed $3BB in total transactions The avg sold price vs list price was 93% but was skewed by a few large outliers. Diving down into submarkets and bedroom type, the most transactions occurred in the Morgan Hill submarket with the largest average Year over Year price increase occurring in the Evergreen submarket at 21%.
Overall, 21 of the 23 submarkets saw year over year increases. The largest overall transaction occurred in Palo Alto and eclipsed $7 6M When looking at properties by number of bedrooms – all were up year over year, but down over the previous quarter. The largest year over year increase was in the 1-bedroom category, which was up 29% year over year
Median Sales Price Median Sales Price vs. Original Asking
Contra Costa County
Townhomes & Condominiums
Like a broken record, townhomes and condos follow the overall market and single-family homes – with transactions up year over year, but down quarter over quarter New listings were significantly up, and even surpassed Q2 and Q3. Dollar volume was up 0% year over year and edged close to $0M in total volume The average listing price was up 0% with the average sold price up 0% - with the average sold price beating out the listing price by 0% The most transactions occurred in the Central San Jose submarket
The largest average year over year price increase occurred in the South San Jose submarket – at a very strong 0% Like Single Family Homes, the largest individual transaction occurred in the Palo Alto submarket. All but 0 of the individual submarkets saw year over year price increases, and most of those that fell were essentially flat year over year. When looking at properties by bedroom type, all but the 0 BR category was up – with 0 and 0 BR types up about 0% each (YoY)
Median Sales Price Median Sales Price vs. Original Asking
San Mateo County
What's in the San Mateo County data?
The 4th quarter of 2023 was defined by optimism with the continued avoidance of a deep recession a distinct possibility, year over year inflation significantly easing, strong job growth quarter over quarter (and month over month), significant drops in long term treasury yields, and hints of a reduction in the Fed Funds Rate – all of which point to an easing on the overall real estate market. Despite this optimism for the future, the residential real estate market is still in a tough spot, with mortgage rates at 20-year highs and a lack of overall inventory plaguing many markets. What the future holds is still a mystery, but it looks much brighter than previous quarter ends would have suggested.
The below data and report provide a snapshot of performance in the local real estate market over the past quarter, and potentially provides a glimpse into the future.
The overall market performed surprisingly well despite a typical seasonal slowdown and persistently high mortgage rates. As expected, overall sales were down over the previous 2 quarters – but up about 0% year over year. Following this, total dollar volume was down off Q2 and Q3, but up 0% year over year. New Listing followed the same trend too but were surprisingly up 0% over Q4 2022. Average days properties sat on the market increased by a couple over the previous quarter but were down over a week from Q4 2022 and close to records we saw a few years ago. The average sold price exceeded the average list price by approximately 0%. Overall sold prices followed the above, where they predominantly rose year over year, but slightly down quarter over quarter – which has been typical of Q4 over the past several years.
Joe Han | General Manager & Senior VP
March 2024
New Listings
000
+0% Year-over-Year
Closed Sales
000
+0% Year-over-Year
Average Price Per SqFt
$000
Median Sale Price
$0 0M
Average Days-on-Market
00
Total Volume -0% Year-over-Year
$0M
San Mateo County
Single Family Homes
The Single-Family segment performed very similarly to the overall market, with new listings and transactions down quarter over quarter – but up year over year (23% and 3%) Average days on the market fell by over a week from Q4 2022 and were only slightly up over Q2 and Q3. Total Dollar Volume increased by 6% YoY and eclipsed $3BB in total transactions The avg sold price vs list price was 93% but was skewed by a few large outliers. Diving down into submarkets and bedroom type, the most transactions occurred in the Morgan Hill submarket with the largest average Year over Year price increase occurring in the Evergreen submarket at 21%.
Overall, 21 of the 23 submarkets saw year over year increases. The largest overall transaction occurred in Palo Alto and eclipsed $7 6M When looking at properties by number of bedrooms – all were up year over year, but down over the previous quarter. The largest year over year increase was in the 1-bedroom category, which was up 29% year over year
Median Sales Price Median Sales Price vs. Original Asking
San Mateo County
Townhomes & Condominiums
Like a broken record, townhomes and condos follow the overall market and single-family homes – with transactions up year over year, but down quarter over quarter New listings were significantly up, and even surpassed Q2 and Q3. Dollar volume was up 0% year over year and edged close to $0M in total volume The average listing price was up 0% with the average sold price up 0% - with the average sold price beating out the listing price by 0% The most transactions occurred in the Central San Jose submarket
The largest average year over year price increase occurred in the South San Jose submarket – at a very strong 0% Like Single Family Homes, the largest individual transaction occurred in the Palo Alto submarket. All but 0 of the individual submarkets saw year over year price increases, and most of those that fell were essentially flat year over year. When looking at properties by bedroom type, all but the 0 BR category was up – with 0 and 0 BR types up about 0% each (YoY)
Median Sales Price Median Sales Price vs. Original Asking
Santa Clara County
What's in the Santa Clara County data?
The 4th quarter of 2023 was defined by optimism with the continued avoidance of a deep recession a distinct possibility, year over year inflation significantly easing, strong job growth quarter over quarter (and month over month), significant drops in long term treasury yields, and hints of a reduction in the Fed Funds Rate – all of which point to an easing on the overall real estate market. Despite this optimism for the future, the residential real estate market is still in a tough spot, with mortgage rates at 20-year highs and a lack of overall inventory plaguing many markets. What the future holds is still a mystery, but it looks much brighter than previous quarter ends would have suggested.
The below data and report provide a snapshot of performance in the local real estate market over the past quarter, and potentially provides a glimpse into the future.
The overall market performed surprisingly well despite a typical seasonal slowdown and persistently high mortgage rates. As expected, overall sales were down over the previous 2 quarters – but up about 0% year over year. Following this, total dollar volume was down off Q2 and Q3, but up 0% year over year. New Listing followed the same trend too but were surprisingly up 0% over Q4 2022. Average days properties sat on the market increased by a couple over the previous quarter but were down over a week from Q4 2022 and close to records we saw a few years ago. The average sold price exceeded the average list price by approximately 0%. Overall sold prices followed the above, where they predominantly rose year over year, but slightly down quarter over quarter – which has been typical of Q4 over the past several years.
Joe Han | General Manager & Senior VP
2024
New Listings
000
+0% Year-over-Year
Average Price Per SqFt
$000
+0% Year-over-Year
000
+0% Year-over-Year
Median Sale Price
$0.0M Closed Sales
+0% Year-over-Year
Average Days-on-Market
00
-0% Year-over-Year
Total Volume
$0M
+0% Year-over-Year
Santa Clara County
Single Family Homes
The Single-Family segment performed very similarly to the overall market, with new listings and transactions down quarter over quarter – but up year over year (23% and 3%) Average days on the market fell by over a week from Q4 2022 and were only slightly up over Q2 and Q3. Total Dollar Volume increased by 6% YoY and eclipsed $3BB in total transactions The avg sold price vs list price was 93% but was skewed by a few large outliers. Diving down into submarkets and bedroom type, the most transactions occurred in the Morgan Hill submarket with the largest average Year over Year price increase occurring in the Evergreen submarket at 21%.
Overall, 21 of the 23 submarkets saw year over year increases. The largest overall transaction occurred in Palo Alto and eclipsed $7 6M When looking at properties by number of bedrooms – all were up year over year, but down over the previous quarter. The largest year over year increase was in the 1-bedroom category, which was up 29% year over year
Median Sales Price Median Sales Price vs. Original Asking Price
Santa Clara County
Townhomes & Condominiums
Like a broken record, townhomes and condos follow the overall market and single-family homes – with transactions up year over year, but down quarter over quarter New listings were significantly up, and even surpassed Q2 and Q3. Dollar volume was up 0% year over year and edged close to $0M in total volume The average listing price was up 0% with the average sold price up 0% - with the average sold price beating out the listing price by 0% The most transactions occurred in the Central San Jose submarket
The largest average year over year price increase occurred in the South San Jose submarket – at a very strong 0% Like Single Family Homes, the largest individual transaction occurred in the Palo Alto submarket. All but 0 of the individual submarkets saw year over year price increases, and most of those that fell were essentially flat year over year. When looking at properties by bedroom type, all but the 0 BR category was up – with 0 and 0 BR types up about 0% each (YoY)
Median Sales Price Median Sales Price vs. Original Asking
vs.
Central San Jose
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000
Sale Price
Sale Price
Price/ SqFt
South San Jose
SingleFamilyMedianSalesPrice
$000 $000
NumberofSales Lowest Sale Price Highest Sale Price Highest Price/ SqFt Q4
Townhome/CondoMedianSalesPrice
Almaden Valley (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Sale Price
Price/ SqFt
Alum Rock (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
Highest Sale Price
Lowest Sale Price
$000 $000 $000
Price/ SqFt
Berryessa (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Sale Price
Price/ SqFt
Blossom Valley (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
Highest Sale Price
Lowest Sale Price
$000 $000 $000
Price/ SqFt
Cambrian (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Sale Price
Price/ SqFt
Evergreen (San Jose)
$000 $000 $000
NumberofSales Lowest Sale Price Highest Sale Price Highest Price/ SqFt
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
Santa Teresa (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Sale Price
Price/ SqFt
Willow Glen (San Jose)
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
$000 $000 $000
Lowest Sale Price Highest Sale Price Highest Price/ SqFt
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Cupertino
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
Highest Sale Price
Lowest Sale Price
$000 $000
Highest Price/ SqFt Q4
Los Altos
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Sale Price
Price/ SqFt
Los Altos Hills
NumberofSales
SingleFamilyMedianSalesPrice
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022 Q4 2023
Q4 2023
Highest Sale Price
Lowest Sale Price
$000 $000 $000
Highest Price/ SqFt
Los Gatos Mountains
$000 $000 $000
NumberofSales Lowest Sale Price
Sale Price Highest Price/ SqFt
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
Los Gatos/Monte Sereno
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2022 Q4 2023 Q4 2023
Townhome/CondoMedianSalesPrice
Highest Sale Price
Lowest Sale Price
$000 $000 $000
Highest Price/ SqFt
Milpitas
$000 $000 $000
NumberofSales Lowest Sale Price
Sale Price Highest Price/ SqFt
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
Morgan Hill/Gilroy/San Martin
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
Lowest Sale Price Highest Sale Price Highest Price/ SqFt Q4 2022 Q4
Mountain View
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Price/ SqFt
Palo Alto
SingleFamilyMedianSalesPrice
$000 $000
NumberofSales Lowest Sale Price Highest Sale Price Highest Price/ SqFt Q4
Townhome/CondoMedianSalesPrice
Santa Clara City
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
$000 $000 $000
Sale Price
Price/ SqFt
Saratoga
NumberofSales
SingleFamilyMedianSalesPrice
Townhome/CondoMedianSalesPrice
$000 $000
Lowest Sale Price Highest Sale Price Highest Price/ SqFt Q4 2022 Q4 2022 Q4 2023 Q4 2023
Sunnyvale
NumberofSales
SingleFamilyMedianSalesPrice
Q4 2022
Q4 2023
Price Change
Townhome/CondoMedianSalesPrice
Q4 2022
Q4 2023
Price/ SqFt
Team of Success & Excellence
Being an independently owned and operated franchise of Keller Williams, KW Bay Area Estates has the position as the Bay Area’s foremost luxury real estate services firm with the execution of best-in-class customer service. KWBAE’s unparalleled team consists of more than 250 associates and professionals strategically located in Los Gatos and Saratoga. Under the same ownership, sister offices include KW Coastal Estates and KW South Bay Commercial.
With uncompromising principles, KW Bay Area Estates has established a new standard of excellence within the industry. The company’s growth has been strategic and exciting. Since its inception, the team has successfully represented more than 5,000 transactions, totaling more than $8 billion in total sales.
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 given their agents over $2 million in profit share.
Keller Williams Bay Area Estates
Phone:
12820 Saratoga-Sunnyvale Rd, Saratoga, 95070
