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Snapshot and 30-day Trend: March 2018

Inventory is up 28% across the region from last month, with Sunnyvale and Los altos up the most, 133% and 140% respectively. We see the pattern of low inventory continue with the whole region down 25% from last year. Homes in Silicon Valley are selling, on average, at 112% of their list price. Closed sales are down 14% from last month which keeps them about equal with last year.

Inventory is only down 6% from last month and 5% from last year. Capitola shows a 167% increase in inventory but this is a factor of only having one active listing last month. The median sales price fell about 30% in Capitola and Soquel while staying fairly stationary for Santa Cruz and Aptos. Total sales fell 26% across the region from last month; about 7% under where sales were last year.

Aptos

38
Properties for sale right now!
101.3%
Avg sale price as % of asking
$1,199,900
Avg Sales Price
25
Avg Days on Market

Capitola

6
Properties for sale right now!
101.9%
Avg sale price as % of asking
$1,020,350
Avg Sales Price
50
Avg Days on Market

Campbell

26
Properties for sale right now!
117.2%
Avg sale price as % of asking
$1,620,000
Avg Sales Price
8
Avg Days on Market

Los Altos

10
Properties for sale right now!
110.7%
Avg sale price as % of asking
$3,550,000
Avg Sales Price
11
Avg Days on Market

Los Altos Hills

19
Properties for sale right now!
102.9%
Avg sale price as % of asking
$5,435,000
Avg Sales Price
116
Avg Days on Market

Los Gatos / Monte Sereno

40
Properties for sale right now!
105.6%
Avg sale price as % of asking
$2,320,000
Avg Sales Price
22
Avg Days on Market

Mountain View

7
Properties for sale right now!
113.8%
Avg sale price as % of asking
$2,530,000
Avg Sales Price
9
Avg Days on Market

Palo Alto

30
Properties for sale right now!
113.1%
Avg sale price as % of asking
$3,375,000
Avg Sales Price
12
Avg Days on Market

Santa Cruz

57
Properties for sale right now!
101.8%
Avg sale price as % of asking
$1,050,000
Avg Sales Price
21
Avg Days on Market

Saratoga

52
Properties for sale right now!
104.6%
Avg sale price as % of asking
$2,750,000
Avg Sales Price
22
Avg Days on Market

Soquel

9
Properties for sale right now!
103.6%
Avg sale price as % of asking
$959,000
Avg Sales Price
20
Avg Days on Market

Sunnyvale

25
Properties for sale right now!
119.8%
Avg sale price as % of asking
$2,065,000
Avg Sales Price
10
Avg Days on Market

West San Jose (Cambrian + Willow Glen)

41
Properties for sale right now!
112.8%
Avg sale price as % of asking
$1,460,000
Avg Sales Price
15
Avg Days on Market

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