Number Talk: Where Santa Clara and San Mateo Counties meet

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Some of the most expensive communities in the country are clustered on the border of Santa Clara and San Mateo Counties, in the heart of the Peninsula – though both counties contain other, very expensive markets. The charts below offer a look at the combined markets.

As you can see here, the combined median house sales price in Q3 2019 was down 5% from Q3 2018, but still 3% higher than Q3 2017.

As you can see here, the combined median house sales price in Q3 2019 was down 5% from Q3 2018, but still 3% higher than Q3 2017.

A decline in competition for new listings is illustrated in the second chart, as the market turned from a high average overbidding percentage, to an average sales price below list price.

A decline in competition for new listings is illustrated in the second chart, as the market turned from a high average overbidding percentage, to an average sales price below list price.

What does this mean for you? Send us an email. We’d be happy to walk you through it.