Santa Clara County Market Update - December 2023

The numbers from December are in, and it’s a familiar story. But while sales of homes and condos are still below the same time last year, the gap is narrowing as inventory slowly returns. But buyers still need to act fast with homes spending an average of 23 days on the market. As far as the bottom line, median sales prices were up year-over-year, more so for homes (16%) than condos (5%).