Santa Clara County home prices rose in August

Search Santa Clara, CA real estate for sale. View property details of the 217 homes for sale in Santa Clara at a median listing price of $1,298,943.

The median sales price rose year-over-year by 8.6%. The average sales price rose 10.2%. condo sales were down 24% year-over-year. Inventory continues to expand. It has been higher than the year before eleven months in a row. It was up 32.2% over last May. As of June 5th, there were 78 condos for sale in Santa Cruz County.

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The median sales price for a single-family home in the nine-county region rose to $765,000 in December. Single-family home sale prices in Santa Clara County raced up 35 percent during the last year.

In Santa Cruz County: the median price is a far more affordable $800,000 to %850,000 range for the median and average sale price of houses.As the car ads here used to say, “drive a little, save a lot”. Please note, most of Santa Cruz County is not part of Silicon Valley, and the one area that really is, Scotts Valley, is on the periphery.

Santa Clara home values have declined -8.4% over the past year and Zillow predicts they will fall -9.4% within the next year. The median list price per square foot in Santa Clara is $812, which is higher than the San Jose-Sunnyvale-Santa Clara Metro average of $691.

 · The Graph shows the average Sale Price of Single Family Residences sold in Santa Clara County each August from 1998 through August 2011 according to the local Multiple Listing Service (MLSListings, Inc.). Over this 13-year span the Average Sale Price of Santa Clara County homes increased 67% in total; from $458,848 to $766,497.

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As of June 5th, there were 1,450 homes for sale in Santa Clara County. The average since January 2000 is 2,778. It is taking twenty-three days to sell a home. That is the time from when a home is listed to when it goes into contract. Prices for re-sale condos were up last month from the month before but were down year-over-year.

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Million-dollar home sales in Silicon Valley rose sharply in August compared to a year ago but were down slightly from July as the region’s high-end market continued to recover from its.

The cities that make up this metro area – including San Jose, Sunnyvale and Santa Clara – are famous for. No wonder home.

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