Wednesday, November 7, 2018

Santa Clara County - Quarterly Real Estate Report. September 2018


PERRY & RUTH MISTRY
CalRE: CA-01403778
Office: 408-656-5343 | Cell: (408) 656-5343
ruthandperry@gmail.com
http://www.ruthandperry.com
Dear Reader,
Here is your latest Quarterly Real Estate Report, analyzing data as it affects a specific market area. The Real Estate Snapshot and various graphs outlined in the Quarterly Real Estate Report compare listing and sales activity for the prior quarter against previous quarters. The graphs depict different aspects of the real estate market for the specific market area. Please contact me if you would like to receive more frequent market summary reports or if you would like more information on your current market.


SANTA CLARA COUNTY
ALL PROPERTY TYPES (SFH & CONDOS/TOWNHOMES)  M | Q
ALVISO  M | Q
SINGLE FAMILY HOMES  M | Q
CAMPBELL  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
CUPERTINO  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
GILROY  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
LOS ALTOS  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
LOS ALTOS HILLS  M | Q
SINGLE FAMILY HOMES  M | Q
LOS GATOS  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
MILPITAS  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
MONTE SERENO  M | Q
SINGLE FAMILY HOMES  M | Q
MORGAN HILL  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
MOUNTAIN VIEW  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
PALO ALTO  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
SAN JOSE  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
SAN MARTIN  M | Q
SINGLE FAMILY HOMES  M | Q
SANTA CLARA  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
SARATOGA  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
STANFORD  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
SUNNYVALE  M | Q
SINGLE FAMILY HOMES  M | Q
CONDOS/TOWNHOMES  M | Q
M MONTHLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Q QUARTERLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Cities, areas, neighborhoods or property types within a county that are not represented indicate there is not enough sold data to produce a monthly or quarterly report for that specific city. If you are interested in information for a specific city, area, neighborhood and/or property type, please contact a Coldwell Banker Independent Sales Associate.



SANTA CLARA COUNTY
REAL ESTATE SNAPSHOT | Q3 2018
17.71% 
NEW LISTINGS
ALL PROPERTY TYPES
10.34% 
AVERAGE SOLD PRICE
ALL PROPERTY TYPES
18.00% 
MEDIAN SOLD PRICE
ALL PROPERTY TYPES
-14.35% 
PROPERTIES SOLD
ALL PROPERTY TYPES
11.11% 
AVERAGE DAYS ON MARKET
ALL PROPERTY TYPES
44.44% 
MEDIAN DAYS ON MARKET
ALL PROPERTY TYPES
Market AreaNew Listings%Properties Sold%Median Sold Price%Median DOM%
Q3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
Change
Campbell1411308.46% 118134-11.94% $1,294,000$1,260,0002.70% 14875.00% 
Single Family9597-2.06% 80106-24.53% $1,420,000$1,314,0008.07% 15887.50% 
Condo/Townhomes463339.39% 382835.71% $840,000$925,000-9.19% 12850.00% 
Cupertino1049311.83% 8492-8.70% $1,972,500$1,930,0002.20% 10825.00% 
Single Family73721.39% 5868-14.71% $2,300,000$2,118,7128.56% 9812.50% 
Condo/Townhomes312147.62% 26248.33% $1,302,500$1,360,000-4.23% 157114.29% 
Gilroy2061936.74% 147183-19.67% $770,000$712,5008.07% 141127.27% 
Single Family1921834.92% 134178-24.72% $792,000$725,0009.24% 131118.18% 
Condo/Townhomes141040.00% 135160.00% $492,000$461,0006.72% 168100.00% 
Los Altos92106-13.21% 6988-21.59% $3,250,000$2,835,00014.64% 880.00% 
Single Family7784-8.33% 5971-16.90% $3,400,000$3,010,00012.96% 880.00% 
Condo/Townhomes1522-31.82% 1017-41.18% $1,667,000$1,525,0009.31% 9728.57% 
Los Altos Hills2338-39.47% 2024-16.67% $4,700,000$3,800,00023.68% 181520.00% 
Single Family2338-39.47% 2024-16.67% $4,700,000$3,800,00023.68% 181520.00% 
Condo/Townhomes00 00 $0$0 00 
Los Gatos19617015.29% 118147-19.73% $1,630,000$1,785,000-8.68% 201353.85% 
Single Family16013815.94% 92118-22.03% $1,999,000$2,075,000-3.66% 241384.62% 
Condo/Townhomes363212.50% 2629-10.34% $952,500$1,147,500-16.99% 151136.36% 
Milpitas22813865.22% 16213916.55% $1,066,000$889,50019.84% 141040.00% 
Single Family1248644.19% 978810.23% $1,190,000$976,50021.86% 151136.36% 
Condo/Townhomes10452100.00% 655127.45% $960,000$723,23832.74% 131030.00% 
Monte Sereno14140.00% 17166.25% $2,800,000$3,033,750-7.70% 1124-54.17% 
Single Family14140.00% 17166.25% $2,800,000$3,033,750-7.70% 1124-54.17% 
Condo/Townhomes00 00 $0$0 00 
Morgan Hill197205-3.90% 160172-6.98% $972,625$905,7507.38% 1217-29.41% 
Single Family151168-10.12% 130153-15.03% $1,036,500$935,00010.86% 1217-29.41% 
Condo/Townhomes463724.32% 301957.89% $694,500$555,00025.14% 1216-25.00% 

SANTA CLARA COUNTY
REAL ESTATE SNAPSHOT | Q3 2018
Market AreaNew Listings%Properties Sold%Median Sold Price%Median DOM%
Q3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
ChangeQ3
2018
Q3
2017
Change
Mountain View1631545.84% 124153-18.95% $1,651,000$1,480,00011.55% 10825.00% 
Single Family6971-2.82% 5070-28.57% $2,240,000$2,060,0008.74% 10825.00% 
Condo/Townhomes948313.25% 7483-10.84% $1,215,000$1,170,0003.85% 10911.11% 
Palo Alto15713714.60% 97123-21.14% $2,850,000$2,700,0005.56% 990.00% 
Single Family1191108.18% 70101-30.69% $3,194,000$2,950,0008.27% 990.00% 
Condo/Townhomes382740.74% 272222.73% $1,550,000$1,587,500-2.36% 10825.00% 
San Jose2709218923.76% 19572330-16.01% $1,030,000$873,50017.92% 13944.44% 
Single Family1899155522.12% 13811627-15.12% $1,160,000$978,00018.61% 13944.44% 
Condo/Townhomes81063427.76% 576703-18.07% $775,000$640,00021.09% 13944.44% 
San Martin2022-9.09% 1013-23.08% $1,257,500$900,00039.72% 3315120.00% 
Single Family2022-9.09% 1013-23.08% $1,257,500$900,00039.72% 3315120.00% 
Condo/Townhomes00 00 $0$0 00 
Santa Clara2822762.17% 233289-19.38% $1,300,000$1,157,37512.32% 12933.33% 
Single Family168173-2.89% 145187-22.46% $1,445,000$1,290,00012.02% 13944.44% 
Condo/Townhomes11410310.68% 88102-13.73% $940,000$770,00022.08% 11837.50% 
Saratoga1111064.72% 7499-25.25% $2,815,000$2,325,00021.08% 151315.38% 
Single Family94904.44% 6681-18.52% $2,865,000$2,477,00015.66% 151315.38% 
Condo/Townhomes17166.25% 818-55.56% $1,547,500$1,080,00043.29% 171070.00% 
Stanford62200.00% 51400.00% $2,225,000$3,080,000-27.76% 1359-77.97% 
Single Family41300.00% 31200.00% $2,735,000$3,080,000-11.20% 1059-83.05% 
Condo/Townhomes21100.00% 20 $1,085,000$0 230 
Sunnyvale33025330.43% 257258-0.39% $1,560,000$1,350,00015.56% 10825.00% 
Single Family21315933.96% 163165-1.21% $1,837,500$1,711,0007.39% 11837.50% 
Condo/Townhomes1179424.47% 94931.08% $1,242,000$1,165,0006.61% 9812.50% 
Total4979423017.71% 36534265-14.35% $1,180,000$1,000,00018.00% 13944.44% 
Single Family3495306514.03% 25763071-16.12% $1,300,000$1,160,00012.07% 13944.44% 
Condo/Townhomes1484116527.38% 10771194-9.80% $892,863$740,00020.66% 12933.33% 

SANTA CLARA COUNTY
MEDIAN SALES PRICE AND NUMBER OF SALES
Q3 2018 | Single Family Homes
MEDIAN SALES PRICE AND NUMBER OF SALES
Q3 2018 | Condos/Townhomes


Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

SANTA CLARA COUNTY
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q3 2018 | Single Family Homes
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q3 2018 | Condos/Townhomes


Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SANTA CLARA COUNTY
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q3 2018 | Single Family Homes
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q3 2018 | Condos/Townhomes


Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

SANTA CLARA COUNTY
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
Q3 2018 | Single Family Homes
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
Q3 2018 | Condos/Townhomes


Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.

SANTA CLARA COUNTY
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q3 2018 | Single Family Homes
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q3 2018 | Condos/Townhomes


Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

SANTA CLARA COUNTY
MONTHS SUPPLY OF INVENTORY
Q3 2018 | Single Family Homes
MONTHS SUPPLY OF INVENTORY
Q3 2018 | Condos/Townhomes

Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.