Home prices in Santa Clara County shoot up

santa clara county‘s notoriously tight housing market loosened a bit in March but far from enough to slow the rapid rise in home prices, which soared a third year-over-year. Monday, May 20 2019 Facebook Google+ Instagram LinkedIn Twitter.

Tuesday night, the council is expected to approve 9,850 new homes in the North Bayshore area, the headquarters of Google. Get top headlines in your inbox every afternoon. Get the free PM Report.

Santa Clara County home prices shoot up a third, even as more sales close Tuesday, 24 april 2018 Santa Clara County’s notoriously tight housing market loosened a bit in March but far from enough to slow the rapid rise in home prices, which soared a third year-over-year.

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The median sale price in Alameda County ticked up 2.3 percent to $834,000 in December and was 9.2 percent higher versus December 2017; the median sale price in contra costa county dropped 4.6 percent to $570,750 but remains 3.8 percent higher on a year-over-year basis; and the median sale price in Solano County was $415,000, up 9.9 percent, year-over-year.

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 · Prices rose 27 percent year-over-year to $1,282,500 in Santa Clara County. Prices rose 22.1 percent to $1,486,000 in San Mateo County. Prices rose 10.3 percent to.

Since January 2000, Santa Clara County has averaged ninety-four days of inventory. It is taking twenty-six days to sell a home. That’s the longest since February 2017. The median price for re-sale condos was up 21.7% year-over-year. The average price was up 15.9%.3,000 After six straight months with the median price of single-family, re-sale.

Prices improved in Jun 2019 with the median price climbing 0.5% from the previous month, down 4.1% compared to last year. The average price fell 0.4%, a yearly loss of 4.5%. Inventory rose 1.2% from last month, and was up 25.2% year-over-year.

With lower home prices. San Mateo and Santa Clara counties, while Contra Costa and Solano counties saw a decline in housing affordability. affordability held steady from a year ago in Alameda, Napa.

View Santa Clara County real estate market trends to help you understand Santa Clara County home prices. Examine seasonal variations in home prices and hard to find real estate trends such as sales price vs. list price