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Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in.
“I’ll never save enough.”
“I need a small fortune just to get started.”
“I guess I’ll just rent forever.”
Sound familiar? You’re not alone. And you’re definitely not out of luck.
Here’s the thing: a lot of what you’ve heard about down payments just isn’t true. And once you know the facts, you might realize you’re a lot closer to owning a home than you think.
Let’s break it all down and bust some big down payment myths while we’re at it.
The market for Single Family Homes, Condo, and Townhomes units saw 41 closed sales at a median price of $2.6m. There was a total of 53 new listings with an average of 35 days on the market without price reduction and with an average price per square foot of $1,188.
53
Year-over-Year
41
Year-over-Year
$1,188
Year-over-Year
35 $111M
Year-over-Year -8.9% Year-over-Year
15 New Listings
32 Average Days-on Market
$1.4M Median Sale Price
16 Closed Sales
$924 Average Price Per SqFt
$23M Total Volume
What's
The market for Single Family Homes, Condo, and Townhomes units saw 67 closed sales at a median price of $1.7m. There was a total of 55 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $1,181.
July 2025
55
-5.2% Year-over-Year
Average Price Per SqFt
$1,181
+6.2% Year-over-Year
67
$1.7M Median Sale Price +17.5% Year-over-Year
+1.5% Year-over-Year
18
$116M Total Volume +38.5% Year-over-Year -17.5% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision New Listings
45 New Listings
60 Closed Sales
17 Average Days-on-Market $1,232 Average Price Per SqFt $1.7M
Median Sale Price
$110M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
26 Average Days-on Market
$788K Median Sale Price
7 Closed Sales
$750 Average Price Per SqFt
$6.4M Total Volume
What's in the Saratoga data?
The market for Single Family Homes, Condo, and Townhomes units saw 17 closed sales at a median price of $3.6m. There was a total of 17 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $1,563.
17
Year-over-Year
$1,563
Year-over-Year
Year-over-Year
Year-over-Year
22 $61.4M
Family Homes 11 New Listings
13 Closed Sales
13
Average Days-on-Market
$4M
Median Sale Price
$1,739
Average Price Per SqFt
$54.8M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
6 New Listings
52 Average Days-on Market
$1.8M Median Sale Price
4 Closed Sale
$933 Average Price Per SqFt
$6.6M Total Volume
The market for Single Family Homes, Condo, and Townhomes units saw 1,014 closed sales at a median price of $1.6m. There was a total of 1,443 new listings with an average of 26 days on the market without price reduction and with an average price per square foot of $1,064.
2025
1,443
$1,064
Year-over-Year
1,014 $1.6M
Year-over-Year
Year-over-Year
26 $1.9B
960 New Listings
23
Average Days-on-Market
$1,173
Average Price Per SqFt $1.8M
$1.6B
Total Volume
Median Sale Price 731 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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
483
33 Average Days-on Market
$1M Median Sale Price
283 Closed Sales
$784 Average Price Per SqFt
$300M Total Volume
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 35 closed sales at a median price of $2.1m. There was a total of 36 new listings with an average of 34 days on the market without price reduction and with an average price per square foot of $947.
July 2025
36
$967
+20% Year-over-Year -10.4% Year-over-Year
SqFt
35
$2.1M Median Sale Price +9.4% Year-over-Year -6.5% Year-over-Year
34 $77M Total Volume +100% Year-over-Year +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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
5 New Listings
22 Average Days-on Market
$1.6M Median Sale Price
3 Closed Sales
$757 Average Price Per SqFt
$4.7M Total Volume
What's
The market for Single Family Homes, Condo, and Townhomes units saw 52 closed sales at a median price of $1.5m. There was a total of 105 new listings with an average of 25 days on the market without price reduction and with an average price per square foot of $845.
July 2025
105
+36.4% Year-over-Year
Average Price Per SqFt
$845 New Listings
+3.4% Year-over-Year
52
$1.3M Closed Sales Median Sale Price -20% Year-over-Year
+10.5%Year-over-Year
Average Days-on-Market
25
Total Volume +66.7% Year-over-Year
$73.3M
-11.5% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
23 Average Days-on Market
$66K Median Sale Price
8 Closed Sales
$640 Average Price Per SqFt
$5.7M Total Volume
What's in the Campbell data?
The market for Single Family Homes, Condo, and Townhomes units saw 0,029 closed sales at a median price of $1.8m. There was a total of 38 new listings with an average of 23 days on the market without price reduction and with an average price per square foot of $1,088.
July 2025
38
$1,088
Year-over-Year
Year-over-Year
Year-over-Year
23 $49.8M
Year-over-Year
25 New Listings
20 Closed Sales
22 Average Days-on-Market $1,231
Average Price Per SqFt
$1.9M
Median Sale Price
$41.6M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
13 New Listings
24 Average Days-on Market
$935K Median Sale Price
9 Closed Sales
$769 Average Price Per SqFt
$8.2M Total Volume
What's in the Cupertino data?
The market for Single Family Homes, Condo, and Townhomes units saw 0,023 closed sales at a median price of $3.3m. There was a total of 38 new listings with an average of 18 days on the market without price reduction and with an average price per square foot of $1,537.
38
$1,537
18
17 Average Days-on-Market $1,669 Average Price Per SqFt $3.4M
$63.4M
Total Volume
Median Sale Price 18 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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
9 New Listings
5 Closed Sales
24 Average Days-on Market
$1.4M Median Sale Price
$1,062 Average Price Per SqFt
$7.1M Total Volume
What's in the Los
The market for Single Family Homes, Condo, and Townhomes units saw 0,023 closed sales at a median price of $3.9m. There was a total of 45 new listings with an average of 17 days on the market without price reduction and with an average price per square foot of $1,823.
2025
45
Year-over-Year
23
$1,823
Year-over-Year
Year-over-Year
17
Year-over-Year
30 New Listings
20 Closed Sales
20 Average Days-on-Market
$4M
Median Sale Price
$1,855
Average Price Per SqFt
$87.2M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
15 New Listings
3 Closed Sales
3 Average Days-on Market
$1,606 Average Price Per SqFt
$1.8M Median Sale Price
$6.4M Total Volume
What's in the
The market for Single Family Homes, Condo, and Townhomes units saw 23 closed sales at a median price of $1.2m. There was a total of 42 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $770.
42
Year-over-Year
23
$770
$1.2M
Year-over-Year
22
Year-over-Year
$27.8M Total Volume
12 Average Days-on-Market
Average Price Per SqFt $1.3M Median Sale Price 12 Closed Sales
$17.1M 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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
32 Average Days-on Market
$900K Median Sale Price
11 Closed Sales
$641 Average Price Per SqFt
$10.6M Total Volume
What's in
The market for Single Family Homes, Condo, and Townhomes units saw 0,056 closed sales at a median price of $1.6m. There was a total of 76 new listings with an average of 22 days on the market without price reduction and with an average price per square foot of $1,155.
July 2025
76
+2.7% Year-over-Year
Average Price Per SqFt
$1,155 New Listings
+8.3% Year-over-Year
56
$1.6M Closed Sales Median Sale Price -23.3% Year-over-Year
+4.6% Year-over-Year
Average Days-on-Market
22
Total Volume +0% Year-over-Year
$91.3M
-18.2% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
35 New Listings
38 Average Days-on Market
$960K Median Sale Price
15 Closed Sales
$780 Average Price Per SqFt
$14.4M Total Volume
What's in the South San Jose data?
The market for Single Family Homes, Condo, and Townhomes units saw 0,031 closed sales at a median price of $860k There was a total of 46 new listings with an average of 39 days on the market without price reduction and with an average price per square foot of $697.
July 2025
46
+15% Year-over-Year
Average Price Per SqFt
$697 New Listings
-5.7% Year-over-Year
31
$860K Closed Sales Median Sale Price -41.5% Year-over-Year -23.7% Year-over-Year
39
$28.6M Average Days-on-Market Total Volume +105.3% Year-over-Year -50.5% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
Listings
21 Average Days-on-Market $788 Average Price Per SqFt $1M Median Sale Price 15 Closed Sales
$17.1M 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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
18
55 Average Days-on Market
$710K Median Sale Price
16 Closed Sales $11.5M Total Volume
$613 Average Price Per SqFt
What's in the Sunnyvale data?
The market for Single Family Homes, Condo, and Townhomes units saw 0,089 closed sales at a median price of $2m. There was a total of 83 new listings with an average of 21 days on the market without price reduction and with an average price per square foot of $1,354.
July 2025
83
-17% Year-over-Year
$1,354 New Listings
89
Average Price Per SqFt
+0.1% Year-over-Year
$2M Closed Sales Median Sale Price -6.3% Year-over-Year
+5.7% Year-over-Year
Average Days-on-Market
21
Total Volume +90.9% Year-over-Year
$188.9M
-4.7% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
51 New Listings
65 Closed Sales
17
Average Days-on-Market
$2.5M
Median Sale Price
$1,528
Average Price Per SqFt
$157.9M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
33 Average Days-on Market
$1.3M Median Sale Price
24 Closed Sales $30.9M Total Volume
$883 Average Price Per SqFt
The market for Single Family Homes, Condo, and Townhomes units saw 0,044 closed sales at a median price of $1.8m. There was a total of 67 new listings with an average of 19 days on the market without price reduction and with an average price per square foot of $1,116.
July 2025
67
Average Price Per SqFt -5.6% Year-over-Year
$1,116 New Listings
+4.3% Year-over-Year
44
$1.8M Closed Sales Median Sale Price -27.9% Year-over-Year -2.1% Year-over-Year
Average Days-on-Market
19
Total Volume +5.6% Year-over-Year
$85.3M
-30.7% 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 June change with late reported activity Data from sources deemed reliable but June contain errors and are subject to revision
57 New Listings
40 Closed Sales
19 Average Days-on-Market
$1.9M
Median Sale Price
$1,141
Average Price Per SqFt
$80.3M
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 June change with late reported activity. Data from sources deemed reliable but June contain errors and are subject to revision.
10 New Listings
20 Average Days-on Market
$1.3M Median Sale Price
4 Closed Sales
$870 Average Price Per SqFt
$5M Total Volume
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, we have our division of KW Commercial South Bay.
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 10,000 transactions, totalling more than $13 billion in closed sales volume.
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.