Bay Area Housing Market Update: Santa Clara County Housing Market Trends September 2024

As your trusted Bay Area Real Estate expert, I wanted to share some key insights on the local market as we head into 2024. This Blog will cover what transpired in 2023 and what trends and predictions we can expect in 2024.

Average Prices

Average Price: August 2024 vs August 2023 (YoY)

Average Price: September 2024 vs September 2023 (YoY)

Santa Clara County’s Housing Market Trends Year-over-Year % Change of September 2024 compared to September 2023.

Single Family Homes Average home price increased to $98,243 and 4% Appreciation year-over-year.
Condos/Townhomes Average home price increased to $15,896 and 1% Appreciation Year-over-Year.

Graph 1.1

Average/Sqft

Average/Sqft: September 2024 vs September 2023 (YoY)

Santa Clara County’s Housing Market Trends Year-over-Year % Change of September 2024 compared to September 2023.

Single Family Homes Average/Sqft increased to $67 and 6% Appreciation Year-over-Year.
Townhome/Condos Average/Sqft increased to $4 and 0% Appreciation Year-over-Year.

Graph 1.2

Bay Area Yearly/Monthly Housing Market Trend in Santa Clara County, CA

The summary encapsulates the dynamic shifts within Santa Clara County’s Housing Market, highlighting the variations in home values across different housing types and periods. For an in-depth analysis of Santa Clara County’s Housing Market trends, refer to the dynamic values presented in Data Graphs 1.1, 1.2, and 1.3

Graph 1.3

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