🔍 Santa Clara Real Estate Market Update

As we move further into spring, the Santa Clara housing market continues to reflect strong buyer activity and limited inventory. Whether you're preparing to sell your home or thinking about buying in this high-demand market, understanding the data is key to making smart, confident decisions

📉 Inventory Edges Up, But Still Low Months Supply of Inventory: 1.87

While we’re seeing a slight year-over-year increase in inventory (up 0.34%), Santa Clara remains very much a seller’s market. A balanced market typically sees 5–6 months of inventory, so 1.87 months indicates high buyer demand and fewer homes available to choose from.

⏳ Homes Are Moving Fast Median Days on Market: 8

Homes in Santa Clara are selling fast—in just over a week on average. With such limited inventory, well-priced homes are generating immediate interest and going into contract quickly. This fast turnaround signals that buyers are acting decisively.

💸 Sellers Are Seeing Near-List and Over-List Offers Sold to List Price Ratio: 106%

With homes selling for 6% over asking on average, competitive bidding is still very much a factor. This data reflects strong buyer confidence and limited supply, especially for well-maintained homes in desirable neighborhoods.

🏡 Home Prices Remain High Median Sold Price: $1,750,000

Santa Clara continues to see strong pricing across the board. The median sold price in April was nearly $1.75M, reflecting demand for homes in prime locations and the region's continued economic strength.

🔢 What This Means for You

🟩 If You’re a Seller: With fast sales, competitive offers, and limited inventory, now is an excellent time to list. Buyers are motivated, and strong returns are possible with the right pricing and presentation.

🔳 If You’re a Buyer: Come prepared. Homes are moving quickly, and bidding wars are common. Work with a local expert who can help you craft a compelling, competitive offer and move quickly when the right home hits the market.

💬 Let’s Talk Strategy At Rise Homes, we understand Santa Clara’s dynamic real estate landscape and are here to help you navigate your next move with confidence.