Housing Market Report – Santa Clara County – MARCH 2022

Appreciation (YoY):

Santa Clara County’s Housing Market Report Year-over-Year Appreciation of March 2022 compared to March 2021.

* Single Family Homes median sold price increased to $333,500 and overall 21% Appreciation Year-over-Year.

* Townhome/CONDO’s median sold price increased to $152,778 and overall 17% Appreciation Year-over-Year.

Appreciation (MoM):

Santa Clara County’s Housing Market Report Month-over-Month Appreciation of March 2022 compared to February 2022.

* Single Family Homes median sold price increased to $111,500 and overall 6.2% Appreciation Month-over-Month.

* Townhome/CONDO’s median sold price increased to $44,778 and overall 4.6% Appreciation Month-over-Month.

Listing Activity:

* Santa Clara County Single Family Homes Market Update information in the month of March 2022 for Active Listing, Under Contract both Contingent and Pending, and SOLD Activity is 1,334, 632, and 969 respectively.

* Overall Single Family Homes SOLD percentage in the month of March 2022 is 73%.

* Santa Clara County March 2022 Market Report for Townhome/Condos Active Listing, Under contract both Contingent and Pending and SOLD Activity is 643, 277, and 522, respectively.

* Overall Townhome/Condos SOLD percentage in the month of March 2022 is 81%.

SOLD Homes:

* Single Family Homes SOLD percentage in March 2022 is 73%, and in February 2022 is 55% based on the number of New Listing.

* SOLD Homes percentage of March 2022 compared to February 2022 is increased to 18%.

* Townhome/Condos SOLD percentage in March 2022 is 81%, and February 2022 is 68% based on the number of New Listing.

* SOLD Homes percentage of March 2022 compared to February 2022 is increased to 13%.

Resources: MLS Listings Inc

https://www.mlslistings.com/media-center/interactive-market-snapshots/

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