June 2025 Report
Single Family Homes in Santa Clara County, San Jose, Cambrian Change >
Average Price$2,007,310
-2.8%
Pending Properties45
+28.6%
Sale/List Price Ratio106.7%
+2.5%
Days of Inventory53
+24.6%
Trends at a Glance
| Trends At a Glance |
Jun 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$1,900,000 (-3.6%) |
$1,970,000 |
$1,800,000 (+5.6%) |
| Average Price |
$2,007,310 (-2.8%) |
$2,064,330 |
$1,948,770 (+3.0%) |
| No. of Sales |
35 (-18.6%) |
43 |
38 (-7.9%) |
| Pending |
45 (+28.6%) |
35 |
38 (+18.4%) |
| Active |
64 (+4.9%) |
61 |
31 (+106.5%) |
| Sale vs. List Price |
106.7% (+2.5%) |
104.0% |
108.0% (-1.2%) |
| Days on Market |
22 (+38.7%) |
16 |
17 (+26.7%) |
| Days of Inventory |
53 (+24.6%) |
43 |
24 (+124.1%) |
Market Commentary
The median sales price for single-family, re-sale homes was up 9.2% compared to last year.
The average sales price for single-family, re-sale homes was up 6.3% year-over-year. The average sales price was $2,544,180.
Sales of single-family, re-sale homes were up 2.8%, year-over-year. There were 747 homes sold in Santa Clara County last month. The monthly average since 2000 is 987.
The sales price to list price ratio fell from 104.5% to 103.9%.
Pending sales were down 9% year-over-year. There are 604 homes in escrow.
Inventory of single-family, re-sale homes was up 29.9% compared to last year. As of July 5th, there were 1,011 homes for sale in Santa Clara County. The average since January 2000 is 2,703.
Days of Inventory, or how long it would take to sell all homes listed for sale at the current rate of sales, fell from 44 days to 39 days. The average since 2003 is 89.
It took nineteen days to sell a home last month. That is the time from when a home is listed for sale to when it goes into contract.
The median sales price for condos was down 11.1% compared to last June. The median sales price was $945,000. The average sales price fell 3.8% year-over-year. The average sales price was $1,080,560.
Condo sales were down 8.4%. There were 283 condos sold in June.
The sales price to list price ratio fell from 101.7% to 101.3%.
Pending sales were down 12.8% year-over-year. There are 246 condos in escrow.
Condo inventory was up 62.6% compared to last June.
As of July 5th, there were 686 condos for sale in Santa Clara County. The average since January 2000 is 757.
Days of inventory fell from seventy-six to seventy.
It took an average of twenty-seven days to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.