SANTA CLARA COUNTY SINGLE FAMILY HOMES OCTOBER MARKET DATA
The data here is for Single Family Homes for Santa Clara County. If you require this information for Townhouses or Condos or for other Bay Area Counties then please email me and I will make sure to send it to you.
October saw a 20.4% increase in SOLD inventory compared to September. Yet another strong month of home sales.
October 2024 Avg Price per SQFT (SOLD) was up by 11.4% compared to October 2023.
October Avg Days on Market was 19 days and homes sold 4% above list price.
October 2024 Avg Sold Price was up 9.4% compared with October 2023.
October 2024 inventory was down 29% compared to September 2024.
October 2024 was a Seller's market
Absorption Rate based on Closed Sales in October 2024: 102
| • | Up 40.5% compared to last month |
| • | Up 0.2% compared to last year |
*Buyer's market: 16.67% and below based on closed sales
Seller's market: 33.33% and above based on closed sales
Neutral market: 16.67% - 33.33% based on closed sales
