Real Estate Report presented by Mary Pope-Handy & Clair Handy

August 2026 Report

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


Median Price
$1,600,000
-5.9%
Average Price
$1,771,580
-2.0%
No. Sold
288
-5.9%
Pending Properties
279
+11.6%
Active
437
-0.7%
Sale/List Price Ratio
101.7%
+0.4%
Days on Market
25
-8.0%
Days of Inventory
46
+5.5%

Market Barometer

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Market Commentary

Home Prices Mixed, Sales Down in August

 

The median sales price for single-family, re-sale homes was down 0.6% compared to last year.

The average sales price for single-family, re-sale homes was up 1.9% year-over-year. The average sales price was $2,350,290.

Sales of single-family, re-sale homes were down 12.9%, year-over-year. There were 568 homes sold in Santa Clara County last month. The monthly average since 2000 is 987.

The sales price to list price ratio rose from 103.4% to 102.9%.

Pending sales were down 6% year-over-year. There are 549 homes in escrow.

Inventory of single-family, re-sale homes was up 20.5% compared to last year. As of September 5th, there were 917 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, rose from 42 days to 48 days. The average since 2003 is 89.

It took twenty-five 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 fell 11% compared to last year. The average sales price fell 8.2% year-over-year. The average sales price was $953,843.

Condo sales were down 0.8%. There were 247 condos sold last month.

The sales price to list price ratio fell from 100.7% to 100.4%.

Pending sales were up 5.7% year-over-year. There are 279 condos in escrow.

Condo inventory was up 17.9% compared to last year.

As of September 5th, there were 664 condos for sale in Santa Clara County. The average since January 2000 is 757.

Days of inventory rose from eighty to eighty-one.

It took an average of thirty-eight days to sell a condo last month.

If you are planning on selling your property, call me for a free comparative market analysis.

 


 

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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