Santa Clara County Housing Market Trends – March 2023

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Santa Clara County Housing Market Trends – March 2023

Average Price: March 2023

 

Santa Clara County Housing Market Trends - March 2023

Santa Clara County Housing Market Trends - March 2023

Average Price: March 2023 vs March 2022 (YoY)

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

* Single Family Homes Average sold price decreased to -$257,441 and overall, -11% Depreciation Year-over-Year.

* Townhome/CONDO’s Average sold price decreased to -$95,116 and overall, -9% Depreciation Year-over-Year.

Average Price: March 2023 vs February 2023 (MoM)

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

* Single Family Homes Average sold price increased to $168,833 and overall, 9% Appreciation Month-over-Month.

* Townhome/CONDO’s Average sold price increased to $80,059 and overall, 9% Appreciation Month-over-Month.

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

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

* Single Family Homes Average sold price increased to $113,901 and overall, 6% Appreciation Year to Date.

Townhome/CONDO’s Average sold price increased to $56,923 and overall, 6% Appreciation Year to Date.

Listings Activity: March 2023

Santa Clara County Housing Market Trends - March 2023

 

Santa Clara County Housing Market Trends - March 2023

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

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

* Single Family Homes NEW Listings were down by -548 and overall, -41% change Year-over-Year.

* Townhome/CONDO’s NEW Listings were down by 300 and overall, -46% change Year-over-Year.

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

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

* Single Family Homes SOLD Homes were down by -330 and overall, -34% change Year-over-Year.

* Townhome/CONDO’s SOLD Homes were down by -256 and overall, -48% change Year-over-Year.

Santa Clara County Housing Market Trends - March 2023

Santa Clara County Housing Market Trends - March 2023

NEW Listings Activity: March 2023 vs. February 2023 (MoM)

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

* Single Family Homes NEW Listings were up by 174 and overall, 28% change Month-over-Month.

* Townhome/CONDO’s NEW Listings were up by 106 and overall, 43% change Month-over-Month.

SOLD Homes Activity: March 2023 vs. February 2023 (MoM)

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

* Single Family Homes SOLD Homes were up by 285 and overall, 80% change Month-over-Month.

* Townhome/CONDO’s SOLD Homes were up by 86 and overall, 46% change Month-over-Month.

Santa Clara County Housing Market Trends - March 2023

 

Santa Clara County Housing Market Trends - March 2023

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

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

Single Family Homes NEW Listings were up by 323 and overall, 68% change Year to Date.

Townhome/CONDO’s NEW Listings were up by 108 and overall, 44% change Year to Date.

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

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

Single Family Homes SOLD Homes were up by 345 and overall, 116% change Year to Date.

Townhome/CONDO’s SOLD Homes were up by 150 and overall, 123% change Year to Date.

Resources: MLS Listings Inc

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More Interesting Information about Bay-Area Real Estate

Santa Clara County Housing Market Trends – Quarterly

Q1 2022    Q2 2022    Q3 2022    Q4 2022

Q1 2021    Q2 2021    Q3 2021      Q4 2021

Santa Clara County Housing Market Trends – Monthly

2023: January    February    March

2022: January    February    March    April    June    July    August    September     October  November    December

2021: January    February    March    April    June    July    August    September    October    November    December

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