March 2024 Report
Condos in Santa Clara County, San Jose, Cambrian Change >
Average Price$1,045,000
-0.2%
Pending Properties6
-33.3%
Sale/List Price Ratio105.6%
-0.5%
Days of Inventory14
-70.8%
Trends at a Glance
| Trends At a Glance |
Mar 2024 |
Previous Month |
Year-over-Year |
| Median Price |
$845,000 (-22.5%) |
$1,090,000 |
$910,000 (-7.1%) |
| Average Price |
$1,045,000 (-0.2%) |
$1,046,670 |
$947,400 (+10.3%) |
| No. of Sales |
11 (+266.7%) |
3 |
5 (+120.0%) |
| Pending |
6 (-33.3%) |
9 |
7 (-14.3%) |
| Active |
5 (0.0%) |
5 |
5 (0.0%) |
| Sale vs. List Price |
105.6% (-0.5%) |
106.1% |
99.8% (+5.8%) |
| Days on Market |
24 (-12.8%) |
27 |
24 (-0.2%) |
| Days of Inventory |
14 (-70.8%) |
47 |
30 (-54.5%) |
Market Commentary
Prices slipped in Mar 2024 with the median price dipping 22.5% from the previous month, down 7.1% compared to last year. The average price fell 0.2%, a yearly gain of 10.3%.
Inventory fell 21.4% from last month, and was down 8.3% year-over-year.