March 2024 Report
Single Family Homes in Santa Clara County, San Jose, Almaden Valley Change >
Average Price$2,370,700
+6.1%
Pending Properties20
+5.3%
Sale/List Price Ratio105.9%
+1.4%
Trends at a Glance
| Trends At a Glance |
Mar 2024 |
Previous Month |
Year-over-Year |
| Median Price |
$2,205,750 (-1.5%) |
$2,239,840 |
$2,260,000 (-2.4%) |
| Average Price |
$2,370,700 (+6.1%) |
$2,234,400 |
$2,343,080 (+1.2%) |
| No. of Sales |
22 (+29.4%) |
17 |
25 (-12.0%) |
| Pending |
20 (+5.3%) |
19 |
23 (-13.0%) |
| Active |
17 (+30.8%) |
13 |
29 (-41.4%) |
| Sale vs. List Price |
105.9% (+1.4%) |
104.4% |
103.4% (+2.4%) |
| Days on Market |
14 (+90.7%) |
7 |
26 (-45.3%) |
| Days of Inventory |
23 (+8.3%) |
21 |
35 (-33.4%) |
Market Commentary
Prices slipped in Mar 2024 with the median price dipping 1.5% from the previous month, down 2.4% compared to last year. The average price rose 6.1%, a yearly gain of 1.2%.
Inventory rose 15.6% from last month, and was down 28.8% year-over-year.