Is West Santa Clara, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Santa Clara is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Santa Clara was a Seller's Market.

Key Takeaway

West Santa Clara is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Santa Clara, CA

How much do homes in West Santa Clara, CA cost?

Median Sold Price

$4,800,000

$1,388/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$750,000(+18.5%)

Key Takeaway

Homes in West Santa Clara have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in West Santa Clara was $4,800,000 in October 2024, up 18.5% from last year, and the median price per square foot was $1,388.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $1.7M$325K
-81.1%
3 $3.0M$4.1M
+36.7%
4 $3.6M$4.6M
+28.3%
5+ $6.1M$5.7M
-6.1%

Summary: West Santa Clara housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 81.1%, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

West Santa Clara
+18.5%
Saratoga
+9.6%
Los Altos
+8.1%
Los Altos Hills
+6.5%
Cupertino
+5.7%

Housing Supply in West Santa Clara, CA

How many homes are available in West Santa Clara, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3037+23.3%

Summary: The West Santa Clara real estate market had 37 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 911
+22.2%
5+ 2023
+15.0%

Summary: The West Santa Clara housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Santa Clara, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in West Santa Clara in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
43 Days41 Days-3.8%

Summary: Homes in West Santa Clara had an average of 41 days on market in Oct 2024, down by 3.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Santa Clara are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in West Santa Clara; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in West Santa Clara, CA

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