Hi everyone, I hope you and your loved ones are all staying well and that you are finding support in your communities. As we navigate through an unprecedented time, I wanted to give a quick market update for Santa Clara County. With the month of April now behind us, I pulled MLS data to take a look at how the market is faring.
April is typically one of the bigger months for real estate, and it also is an important indicator for the summer selling season. Obviously, this year is a bit different, and the next few months may or may not continue on a similar trajectory. What lies ahead will be driven primarily by economic outlook and secondarily (though importantly) by whether people feel they can safely proceed through the home buying-and-selling process.
Below is a breakdown of Santa Clara County closed transactions by city for April, with year-over-year and month-over-month comparisons.
Compiled from data available at MLS Listings for single-family housing.
