10/11/2026
š” SANTA CLARA COUNTY | REAL ESTATE MARKET UPDATE
š September 2026 | Year-Over-Year Comparison
Whatās happening in the Silicon Valley housing market?
As we enter the final quarter of 2026, Santa Clara Countyās real estate market continues to show resilience, with home values holding relatively steady while sales activity has slowed compared to this time last year.
š Hereās a snapshot of the overall residential market:
š Median Sold Price: $1,640,000 | ā 0.6% YOY
š Homes Sold: 871 | ā 6.1% YOY
š
Median Days on Market: 14
š Sale-to-List Price Ratio: 103.3%
šļø Months of Inventory: 2.6
So, what does this mean for buyers and sellers?
For Sellers: Well-positioned homes continue to attract buyers, with properties selling above asking price on average. However, pricing strategically and presenting your home properly remain essential.
For Buyers: With slightly more inventory and fewer transactions compared to last year, there may be opportunities to negotiate, depending on the neighborhood, property type, and price point.
The Bottom Line:
Real estate is local. Whatās happening in Morgan Hill may look very different from San Jose, Los Gatos, or Palo Alto.
Whether youāre considering buying, selling, relocating, or simply evaluating your homeās equity, understanding your local market is the first step toward making an informed decision.
š² Letās connect and discuss what these market trends mean for your real estate goals.
Julio M. Orozco
REALTORĀ® | Intero Real Estate Services
Berkshire Hathaway Affiliate
š 408-644-8196
DRE #01834725
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