Housing Market Report – Santa Clara County – MAY 2022

Appreciation (YoY):

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

* Single Family Homes median sold price increased to $250,000 and overall 15% Appreciation Year-over-Year.

* Townhome/CONDO’s median sold price increased to $174,000 and overall 20% Appreciation Year-over-Year.

Appreciation (MoM):

Santa Clara County’s Housing Market Report Month-over-Month Appreciation/Depreciation of May 2022 compared to April 2022.

* Single Family Homes median sold price decreased to –$50,000 and overall -2.6% Depreciation Month-over-Month.

* Townhome/CONDO’s median sold price increased to $22,500 and overall 2.2% Appreciation Month-over-Month.

Listing Activity:

* Santa Clara County Single Family Homes Market Update information in the month of May 2022 for Active Listing, Under Contract both Contingent and Pending, and SOLD Activity is 1325, 1155, and 960, respectively.

* Overall Single Family Homes SOLD percentage in the month of May 2022 is 72%.

* Santa Clara County May 2022 monthly Market Report for Townhome/Condos Active Listing, Under the contract, both Contingent and Pending and SOLD Activity is 595, 503, and 482, respectively.

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

SOLD Homes:

* Single Family Homes SOLD percentage in May 2022 is 72%, and April is 82% based on the number of New Listing.

* SOLD Homes percentage of May 2022 compared to April 2022 is decreased to -14%.

* Townhome/Condos SOLD percentage in May 2022 is 81%, and April is 93% based on the number of New Listing.

* SOLD Homes percentage of May 2022 compared to April 2022 is decreased to –12%.

Resources: MLS Listings Inc

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

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