Santa Clara County (December 2022)

• Sales price - Median

• Single House, 3+ beds

Sunnyvale ( November - data of Oct 2022)

• 36 homes were sold in Sunnyvale in October 2022, which is 14% down from 42 sales the month before.

• Median Sale Price showed a 18% increase from $2,005,000 in September 2022 to $2,375,000 in October 2022.

Cupertino ( November, data of Oct 2022)

• 15 homes were sold in Cupertino in October 2022, which is 21% down from 19 sales the month before.

• Median Sale Price showed a 5% decrease from $2,788,000 in September 2022 to $2,650,000 in October 2022. 

Cupertino ( July 2022)

Santa Clara 마켓 분석 (2019~2021) - Median & Inventory

• 가격이 꾸준히 상승하는 것을 볼 수 있습니다.

•  3년 이내에 가장 적은 수의 집이 나오는 것을 볼 수 있습니다. 가격 상승의 하나의 요인이 되고 있습니다.

Santa Clara 마켓 분석 (Nov 2021)

•  Santa Clara: 10월 중간 가격(median price)은 $1.54M이였으나, 11월 중간 가격은 $1.67로 상승했습니다.

• Days on market은 시장에 나온 지 평균 8일 정도에 팔리는 것으로 나타났습니다.

• 리스팅(인벤토리)는 지난 달 57개에서 40개로 줄어 들었습니다. 

San Jose 마켓 분석 (Oct 2021)

Months of Inventory - Santa Clara County

(MLS Data)

• 2015년 부터 현재까지 Months of Inventory data 입니다. 

• 현재 데이터를 보시면 11월 나온 집 숫자가 2017년과 비슷함을 보실 수 있습니다.

Single Family Homes - 9월 vs. 8월 2020  

Santa Clara County Q2 2020  

• With a median sales price of $1.38 million, Santa Clara County single family home prices rose compared to 2Q19 but remain just below the 2018 quarterly high of $1.4 million. 

• Both new listings and closed sales declined due to Covid impacts, while overall inventory levels remain near all-time lows. 

• In the common interest market in Santa Clara County, new listings are, again, at a ridiculous low, inventory is near all-time lows. There’s simply nothing available to buy, and as such, sales are absolutely horrible. Prices have fallen from the highs of the last few springs. 

July 2020 Santa Clara County (August 2020)

🌱In Santa Clara County, the median Single Family home cost $1,380,000 and sold in 10 days for 102% of the list price based on 1004 sales in July 2020. 

• Inventory was down -6% from June, and down -32% from July 2019 with 1154 homes available, compared to 1696 homes last year. 

• Average days on market (DOM) increased 5 days from 24 to 29 or 21%; median DOM dropped -1 day from June. 

• Number of new listings for the month of July increased 8% over June, and up 18% from July of last year. 

• Closed sales increased 16% from June from 863 to 1004 and up 10% compared to July 2019.

• 산타 클라라 카운티 집 판매 중간 가격은 $1,380,000이고, 7월 한 달 동안 1004채의 집이 팔렸고 리스팅 가격의 104%으로 팔린 것으로 집계되었습니다. 집 판매 기간은 평균 10일 이였습니다.

• 주목할 만한 데이터는 작년 대비 집의 인벤토리 수입니다. 올 7월 시장에  나온 집의 인벤토리는 1,154채로, 2019년 7월에 나온 1,696채에서 -32%가 급감했습니다.

June 2020 Santa Clara County (July 2020)

June 2020 - Santa Clara County 

🌱 In Santa Clara County, the median Single Family home cost $1,381,000 and sold in 11 days for 101% of the list price based on 855 sales in June 2020. 

• Inventory was down -7% from May, and down -33% from June 2019 with 1221 homes available, compared to 1814 homes last year. 

• Average days on market (DOM) increased 1 day from 23 to 24 or 4%; median DOM remained the same as the prior month. 

• Number of new listings for the month of June increased 2% over May, but down -5% from June of last year. 

• Closed sales increased 72% from May from 498 to 855 but down -3% compared to June 2019.

2020년 5월 Santa Clara County 마켓 동향 (June 2020)

May 2020 - Santa Clara County remained surprisingly robust 

🌱 In Santa Clara County, the median Single Family home cost $1,365,000 and sold in 11 days for 101% of the list price based on 497 sales in May 2020. 

• Inventory was up 19% from April, but down -27% from May 2019 with 1302 homes available, compared to 1789 homes last year. • Average days on market (DOM) increased 6 days from 17 to 23 or 35%; median DOM went up 3 days the month before. 

• Number of new listings for the month of May increased 43% over April, and down -29% from May of last year. •

 Closed sales decreased -12% from April from 567 to 497 and down -52% from May 2019. 

☑ May 2020 vs. April 2020 (mlslistings.com)

2020년 4월 Santa Clara County 마켓 동향 (May 2020)

✔ April 2020 - Median Prices Hold Steady, But SIP Showing Its Impact

🌱 In Santa Clara County, the median Single Family home cost $1,390,000 and sold in 8 days for 103% of the list price based on 564 sales in April 2020.

• Inventory was up 20% from March, but down -31% from April 2019 with 1056 homes available, compared to 1524 homes last year.

• Average days on market (DOM) dropped -4 days from 22 to 18 or -18%; median DOM remained the same as the month before.

• Number of new listings for the month of April decreased -18% over March, and down -46% from April of last year.

• Closed sales decreased -12% from March from 638 to 564 and down -37% from April 2019.

1. Santa Clara County - Median Sale Price

2. Santa Clara County - Prices and Sale to List Price Ratio

2020년 3월 실리콘밸리 부동산 마켓 동향 (April 2020)

모든 분들이 궁금해 하시는 3월 부동산 동향입니다.

Monterey, San Benito, San Mateo, Santa Clara and Santa Cruz county 전체 동향을 분석했습니다. 

1. New/Sold vs. Cancelled/Withdrawn** (March and April 2020)

2. March and April 2019 v. 2020 

* TFT stands for Transaction Fall Through (real estate) 

The coronavirus affects real estate sales, what’s going on now:

• Real estate agent services are not considered essential by the government order.  The Realtor can’t meet clients. It means no open houses and no showings.

• Some buyers are wanting to cancel their real estate contracts. There are many reasons for canceling contracts. Buyers cannot have inspections or an appraisal, maybe they have seen the stock market fall (that is not a contingency but bring panic), maybe they are afraid of the virus. 

• Some Banks are still operating. They are encouraging mobile banking rather than in-person meetings for needs. For new sales, buyers may prefer to wire funds to the title, but being extra careful when doing so as wire fraud is an enormous problem.

• Appraisers appear to be considered non-essential.

• Home repairs by roofers, electricians, plumbers are essential and those services should be available.

• Inspections for escrows/listings seem to like to be considered non-essential.

• Local MLS is suspending the accrual of “days on market” since homes cannot be seen now.

• There is now an addendum from the California Association of Realtors to address closing and other delays due to Covid-19.