Santa Clara County Housing Market Trends – June 2023

Average Price: June 2023

Average Price: June 2023 vs June 2022 (YoY)

Santa Clara County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes Average sold price decreased to -$44,191 and overall, -2% Depreciation Year-over-Year.

* Townhome/CONDO’s Average sold price decreased to $39,300 and overall, 4% Appreciation Year-over-Year.

Average Price: June 2023 vs May 2023 (MoM)

Santa Clara County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes Average sold price increased to $49,389 and overall, 2% Appreciation Month-over-Month.

* Townhome/CONDO’s Average sold price decreased to $47,062 and overall, 5% Appreciation Month-over-Month.

Average Price: June 2023 vs January 2023 (Year to Date)

Santa Clara County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes Average sold price increased to $243,734 and overall, 13% Appreciation Year to Date.

* Townhome/CONDO’s Average sold price increased to $132,617 and overall, 14% Appreciation Year to Date.

Listings Activity: June 2023

NEW Listings Activity: June 2023 vs. June 2022 (YoY)

Santa Clara County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes NEW Listings were down by -411 and overall, -35% change Year-over-Year.

* Townhome/CONDO’s NEW Listings were down by -201 and overall, -36% change Year-over-Year.

SOLD Homes Activity: June 2023 vs. June 2022 (YoY)

Santa Clara County’s Housing Market Trends Year-over-Year % Change of June 2023 compared to June 2022.

* Single Family Homes SOLD Homes were down by -127 and overall, -14% change Year-over-Year.

* Townhome/CONDO’s SOLD Homes were down by -85 and overall, -21% change Year-over-Year.

NEW Listings Activity: June 2023 vs. May 2023 (MoM)

Santa Clara County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes NEW Listings were down by -162 and overall, -17% change Month-over-Month.

* Townhome/CONDO’s NEW Listings were down by -14 and overall, -4% change Month-over-Month.

SOLD Homes Activity: June 2023 vs. May 2023 (MoM)

Santa Clara County’s Housing Market Trends Month-over-Month % Change of June 2023 compared to May 2023.

* Single Family Homes SOLD Homes were down by –27 and overall, -3% change Month-over-Month.

* Townhome/CONDO’s SOLD Homes were down by -6 and overall, -2% change Month-over-Month.

NEW Listing Activity: June 2023 vs. January 2023 (Year to Date)

Santa Clara County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes NEW Listings were up by 296 and overall, 62% change Year to Date.

* Townhome/CONDO’s NEW Listings were up by 111 and overall, 46% change Year to Date.

SOLD Homes Activity: June 2023 vs. January 2023 (Year to Date)

Santa Clara County’s Housing Market Trends Year to Date % Change of June 2023 compared to January 2023.

* Single Family Homes SOLD Homes were up by 498 and overall, 168% change Year to Date.

* Townhome/CONDO’s SOLD Homes were up by 189 and overall, 155% change Year to Date.

Resources: MLS Listings Inc

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