Silicon Valley Home Values - Santa Clara County and San Mateo County Homes
Two key home values are shown below for a quick overview of Santa Clara County and San Mateo County. Many more home values such a price per square foot, house size, lot size, etc. can be viewed by visiting the cities listed in the menu or reached from the map shown below. Extensive home values and real estate market trends are also given by zip code, and for many cities by neighborhood. Graphs updated May 31, 2017.
How Much Over List Price Do I Need To Offer?
Home buyers and home sellers want to see the typical relationship between list price and sales price. This relationship varies with city, time, and price range. The plots below show this relationship for Santa Clara County houses and San Mateo County houses using color coding. Green areas in the top plot mean more homes are being sold over list price (which is a very good indicator of rising home prices). Red areas in the top plot mean more homes are being sold under the list price (which is a good indicator of falling home prices).
The top plot changes from a red area prior to 2012 to a green area after the beginning of 2012 marking the start of a solid recovery from the 2007 economic problems.
The lower plot shows the percentage that the average sale was either over or under list price. These two plots of sales price vs. list price are a very good way to see changing market conditions.
Monthly Average Sales Price vs. List Price for Santa Clara County Houses
Monthly Average Sales Price vs. List Price for San Mateo County Houses
Average and Median Price of Santa Clara County and San Mateo County Houses Sold
When trying to understand home values the first and most often real estate statistic looked at is either average or median home sales price. The average price can be pushed up by a particularly expensive home being sold. Much less often an especially low price for one or two homes can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices. Just after the beginning of 2012 both the average and median prices rose and continued a bumpy climb upwards. The sales price vs. list price in the preceeding section showed a pretty clear change in behavior at the beginning of 2012.
If the size of the average home changes, the average sales price can be affected even though the price per square foot has not changed. This can easily happen when a new large townhouse or condo development starts selling. Graphs of home size, lot size, days for sale, and more, let you see if changes in different aspects are showing a real estate market change.
Monthly Average and Median Price of Santa Clara County Houses Sold
Monthly Average and Median Price of San Mateo County Houses Sold
Silicon Valley Home Prices - Silicon Valley Home Values - Mapped
This map provides an easy way to see home values in any desired Silicon Valley area. Point your cursor at one of the home value labels on the map and the area name will be displayed. Click on the home value label and you will jump to that area's home values web page.
Decide whether you want to see Silicon Valley cities or Silicon Valley zip codes. Click on a button to show/not show the chosen area labels. Click on any area label to jump to that area's home value web page. (There are over 80 zip codes, the map is a little slow to show the zip code labels).
Looking For The Best Silicon Valley Real Estate Agent
Save both time and money by working with the best Silicon Valley real estate agent. Surveys of home buyers show that the number 1 reason home buyers choose to work with a real estate agent is simply to get help finding the best home. Connections and knowledge are key to finding the best home. A top Silicon Valley real estate agent will hear about many homes before they are actually listed on the MLS. However besides finding the best home, you will have to make the most attractive offer, ideally without offering the most money. Indeed factors other than money play a key part in the seller's decision. I make hundreds of purchase offers each year. I have up-to-date success, experience, and knowledge to make a great offer. What if something goes wrong with your loan application or with something else? I have the experience and connections to solve nearly all problems. Work with a top real estate agent who knows Silicon Valley very well. For 3 years in a row I have been recognized as one of the three top real estate agents nationwide at Keller Williams.
My unique team approach splits up the various stages of buying a home. You will work with both myself and a core member of my team who is also a top real estate agent. My home buyer specialist is an expert at helping you both find a home and to understand the tradeoffs you will be making. I discuss your purchase offer with you and negotiate with the seller. Work with a top Silicon Valley real estate agent. Give me, Juliana Lee, a call at my cell phone 650-857-1000 and let's talk about what you are looking for. If you feel you are still wanting to learn more about buying real estate, come to my free real estate seminar.