Market Update - Santa Clara County from October 2020

Posted on November 17, 2020.

Santa Clara county housing stats and market update for October 2020. Contact us today for a free home value estimate! Even if you are not presently buying or selling, we are always happy to be a go-to resource for all your real estate needs.

Single-Family Home Sales Statistics:

1079 sales of single-family homes closed in October 2020
Closed sales for single family homes was up compared 1 month ago by +10.3%, and was up +32.9% from closings one year ago
The median sale price for a single-family home in October was $1,445,000
The median sale price for a single-family home in October was up +3.0% compared to September and was up +17.0% compared to one year ago
Average days on market for a single-family home was 22 days
Average days on market for a single-family home was down from September when homes were taking an average 24 days and down from one year ago when homes were taking an average of 35 days on market

Condo Sales Statistics:

399 sales of condos closed in October 2020
Closed sales for condos was up from one month ago by +5.8% and up compared to one year ago by +13.4%
The median sale price for a condo in October was $827,000
The median sale price for a condo in October was up +3.3% compared to September and was up +2.7% compared to one year ago
Average days on market for a condo was 29 days
Average days on market for a condo was down from September when condos were taking an average 31 days to sell and down from one year ago when condos were taking an average of 39 days on market