The Silicon Valley Real Estate Market Trends Report

May 2026 Report

Single Family Homes in Santa Clara County, All Cities, All Neighborhoods Change >

Median Price

$2,115,000

+0.7%

Average Price

$2,647,510

+4.3%

No. Sold

750

-1.7%

Pending Properties

651

-4.4%

Active

1,068

+3.5%

Sale/List Price Ratio

104.6%

-0.8%

Days on Market

+11.8%

Days of Inventory

+8.9%

Trends At a Glance	May 2026	Previous Month	Year-over-Year
Median Price	$2,115,000 (+0.7%)	$2,100,000	$2,166,120 (-2.4%)
Average Price	$2,647,510 (+4.3%)	$2,539,380	$2,522,990 (+4.9%)
No. of Sales	750 (-1.7%)	763	700 (+7.1%)
Pending	651 (-4.4%)	681	682 (-4.5%)
Active	1,068 (+3.5%)	1,032	1,035 (+3.2%)
Sale vs. List Price	104.6% (-0.8%)	105.4%	104.5% (0.0%)
Days on Market	18 (+11.8%)	16	17 (+5.8%)
Days of Inventory	43 (+8.9%)	39	44 (-3.7%)

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City

Neighborhood

Property Types

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Market Barometer

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Market Commentary

Home Sales Down in May 2026

Sales fell 1.7% from the month before, and were up 7.1% year-over-year.

Prices improved in May 2026 with the median price climbing 0.7% from the previous month, down 2.4% compared to last year. The average price rose 4.3%, a yearly gain of 4.9%.

Inventory rose 0.4% from last month, and was up 0.1% year-over-year.