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πŸ” Santa Clara Real Estate Market Update – March 2025

Gerald Perino April 24, 2025

 πŸ” Santa Clara Real Estate Market Update – March 2025

The Santa Clara housing market continues to show strong momentum, with key indicators pointing to a competitive environment for buyers and an advantageous one for sellers. As we move into spring 2025, it’s more important than ever to understand the numbers behind the trends. Whether you’re buying or selling, these insights will help you make informed decisions in the current Santa Clara real estate market.

πŸ“‰ Months supply of inventory: 1.57

With just 1.57 months of inventory available, Santa Clara remains a seller’s market. A balanced market typically has around 4 to 6 months of inventory, so this low number suggests high demand and limited supply—giving sellers the upper hand.

πŸ“ˆ 12-Month change in inventory: +53.92% 

This notable 53.92% increase in inventory compared to last year is one to watch. While we’re still in a low-supply environment, the uptick suggests a potential shift toward a more balanced market, offering more choices to buyers who have been navigating tight competition.

⏱ Median days on market: 8 Days 

Homes are flying off the market in just 8 days on average. That’s a clear sign that demand remains strong in Santa Clara. For buyers, this means being pre-approved and ready to move fast. For sellers, it means you can expect a swift transaction if your home is priced and marketed correctly.

πŸ’° Sold to list price percentage: 106.6%

Homes are not just selling quickly—they’re also selling above asking price. On average, sellers are receiving 106.6% of their list price, often due to multiple-offer scenarios and bidding wars. This is a strong indicator of a highly competitive market.

🏠 Median sold price: $1,670,000

Santa Clara remains one of the premium markets in the San Francisco Bay Area, with a median sold price of $1.67 million. This reflects not only the demand for homes in the area but also the value buyers place on Santa Clara’s location, schools, and lifestyle.

What Does This Mean for Buyers? 

Be prepared to act quickly. Have your financing pre-approved. Work with a local real estate expert who knows how to structure competitive offers. 

What Does This Mean for Sellers? 

You’re likely to receive multiple offers. Homes are selling above asking price. Now is a great time to list and maximize your return.

πŸ“ Why Santa Clara?

Santa Clara offers proximity to major tech employers, top-rated schools, vibrant dining and shopping, and easy access to parks and public transit—making it a sought-after destination for families and professionals alike.

Work With Rise Homes

At Rise Homes, we’re here to help you navigate Santa Clara’s fast-moving real estate market with confidence. Whether you're buying your dream home or selling to make your next move, we offer expert guidance, local insights, and a personalized approach to help you succeed.
πŸ“ž Call us today: 650-293-0158
 πŸ“§ Email us: [email protected]

 

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