Santa Clara County Real Estate Trends Since 2019 | Median Sale Price & Days on Market

Santa Clara County, July 2025 Numbers are in. This information is for Single Family , Condo and Townhomes.

As Always, if you are looking for real estate market date for a particular neighborhood/zipcode/city, please reach out to me. I have access to all of this information.

MONTHS OF INVENTORY

Here I am sharing months of inventory from January 2019 onwards. Interestingly, July 2025 had 2.2 months of inventory compared to 2 months of inventory in 2019. However, July 2022 had the highest months of inventory at 2.3 months. Next let's look at how the median sale prices have changed since 2019.

MEDIAN SALE PRICE

Next, let's take a look at the Median Sale Price in Santa Clara County since January 2019. Despite, high interest rates and supply increase, we saw median sale price increase to $1,612,500 in July 2025 compared to $1,154,500. Matter of fact, I have helped handful of sellers this year sell the homes they bought in 2019 and get into their new dream homes. Since May, I have been advertising on my FB page, emails and phone/texts to client to let them know that this is a great time to get back in the market as median sale prices have been on a decline compared to couple of months ago. There is a saying in real estate: "We don't wait to buy real estate. We buy real estate and then wait". Imagine if you had bought a home in 2019 when median price was $1.02M and sold it in April 2025 when market was at its peak. That's a solid gain in equity and money that can be put towards a new home or an investment property.

DAYS TO SELL OVERTIME

Next, let me share how long it's taking homes to go in-contract after it's active on the market. June 2025 took 26 days on the market to get an offer on a home. This does include Condo and Townhouses so average is higher. If we remove the condo and townhouses, the avg would be 23 days so not a big difference. With an increase in Supply, we are definitely seeing homes sit on the market longer as buyers have more options and are taking their time to make an offer.

Santa Clara County Market has seen Median Sale Price increase by 47% since January 2019. That's a 7.25% increase YOY. The unicorn years helped a lot with that increase. This increase includes SFR, Condo and TH. Singe Family Home alone saw an increase of 57% which is almost 9% increase. The landscape for Condo and TH markets is changing quickly this year due to new laws that now require HOAs to inspect common area and make repairs as deemed necessary. This has created panic among Condo/TH homeowners. Some are selling it at a loss because they just don't want to deal with special assessments or headaches of repairs.

CONDO MEDIAN SALE PRICE

As you can see, the appreciation has slowed down. Next I will share Townhouses median sale price. There has been downward pressure on median sale prices for the past couple of years now.