Bright Homes Real Estate April 2023 Market Report

April 2023
Copyright by KW Advisors 2023

Palo Alto
area
Palo Alto
Jump to Palo Alto Report
Los Altos
Jump to Los Altos Report
Redwood City
Jump to Redwood City Report
San Jose
Jump to San Jose Report
Portola Valley
Jump to Portola Valley Report
Mountain View
Jump to Mountain View
Menlo Park
Jump to Menlo Report
San Mateo County
Jump to San Mateo County
Atherton
Jump to Atherton Report
Santa Clara County
Jump to Santa Clara County

Monterey County
Jump to Monterey County Report
Santa Cruz County
Jump to Santa Cruz County Report
East Palo Alto
Jump to East Palo Alto Report
Sunnyvale
Jump to Sunnyvale Report
Santa Clara City
Jump to Santa Clara City Report
Saratoga
Jump to Saratoga Report

What’s your home
really worth in today’s
market?
That's really the question you should be asking
yourself.
Our market is incredibly diverse, and rapidly
changing. Values vary not just by neighborhood,
but by street. Your home isn't necessarily worth
what your neighbors’ home is. At the end of the
day, it’s the current market that sets the value of
your home.
So, do you know what your home is worth in
today's market?
I can help...
Christina Hood
Broker Associate & Productivity Coach
DRE# 01820455
650.273.9900
hello@brighthomesre.com
BrightHomesRE.com
Contact me for a confidential, no obligation
assessment of your home's value.

How Changing Mortgage
Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between
6% and 7% this year. If you’ve been on the fence about whether
to buy a home or not, it’s helpful to know exactly how a 1%, or
even a 0.5%, mortgage rate shift affects your purchasing power.
The chart below helps show the general relationship between
mortgage rates and a typical monthly mortgage payment:

Even a 0.5% change can have a big impact on your monthly payment.
And since rates have been moving between 6% and 7% for a while
now, you can see how it impacts your purchasing power as rates go
down.
What This Means for You
You may be tempted to put your homebuying plans on hold
in hopes that rates will fall. But that can be risky. No one
knows for sure where rates will go from here, and trying to
time them for your benefit is tough. Lisa Sturtevant,
Housing Economist at Bright MLS, explains:
“It is typically a fool’s errand for a homebuyer to try to time rates in
this market . . . But volatility in mortgage rates right now can have a
real impact on buyers’ monthly payments.”
That’s why it’s critical to lean on your expert real estate advisors to
explore your mortgage options, understand what impacts mortgage
rates, and plan your homebuying budget around today’s volatility.
They’ll also be able to offer advice tailored to your specific situation
and goals, so you have what you need to make an informed decision.
Bottom Line
Your ability to buy a home could be impacted by changing mortgage
rates. If you’re thinking about making a move, partner with a trusted
real estate agent and lender so you have a strong plan in place.
Source:
Keeping Current Matters

Palo Alto
What's in the Palo Alto data?
Currently, there are 87 single-family homes for
sale, providing 1.6 months of inventory. There
were 44 new listings, and 33 homes were sold
with a median sale price of $3.4m. The median
overbid was 99.8%, and the average time spent on
the market was 19 days.
There are currently 26 condo and townhome units
for sale, providing 1.8 months of inventory. There
were 13 new listings for sale, and 8 condos were
sold with a median sale price of $1.4m. The
median overbid was 100%, and the average time
on the market was 38 days.

SFH
Single-Family Homes
44
New Listings
33
Sold Listings
1.6
Months of Inventory
$3.4M
Median Sale Price
99.8%
Median Sale vs List
19
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
13
New Listings
8
Sold Listings
1.8
Months of Inventory
100%
Median Sale vs List
$1.4M
Median Sale Price
38
Avg Days on Market

Palo Alto
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
60
40
20
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$5,000,000
Single-Family Homes
The median sales price has
decreased from $4.3m last
March 2022, to $3.4m as of
March 2023.
$4,000,000
$3,000,000
$2,000,000
Condos & Townhomes
The median sales price has
decreased from $1.9m last
March 2022, to $1.4m as of
March 2023.
$1,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
150
AVG Days
On the Market
100
50
Single-Family Homes
The average days on market
went up from 12 days last
March 2022, to 19 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 15 days in
March 2022, to 38 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 109.3% last
March 2022, to 99.8% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 111.2% last
March 2022, to 100% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Redwood
City
What's in the Redwood City
data?
Currently, there are 65 single-family homes for
sale, providing 1 month of inventory. There were
34 new listings, and 26 homes were sold with a
median sale price of $1.8m. The median overbid
was 99.2%, and the average time spent on the
market was 19 days.
There are currently 26 condo and townhome units
for sale, providing 1.8 months of inventory. There
were 6 new listings for sale, and 10 condos were
sold with a median sale price of $1.4m. The
median overbid was 101.8%, and the average time
on the market was 11 days.

SFH
Single-Family Homes
34
New Listings
26
Sold Listings
1
Months of Inventory
$1.8M
Median Sale Price
99.2%
Median Sale vs List
19
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
6
New Listings
10
Sold Listings
1.8
Months of Inventory
101.8%
Median Sale vs List
$1.4M
Median Sale Price
11
Avg Days on Market

Redwood City
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
200
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
60
40
20
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$3,000,000
Single-Family Homes
The median sales price has
decreased from $2.6m last
March 2022, to $1.8m as of
March 2023.
$2,000,000
$1,000,000
Condos & Townhomes
The median sales price has
increased from $970k last
March 2022, to $1.4m as of
March 2023.
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
60
AVG Days
On the Market
40
20
Single-Family Homes
The average days on market
went up from 9 days last
March 2022, to 19 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went down from 26 days in
March 2022, to 11 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 118% last
March 2022, to 99.2% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 109.3% last
March 2022, to 101.8% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Portola
Valley
What's in the Portola Valley
data?
Currently, there are 13 single-family homes for
sale, providing 2.3 months of inventory. There
were 5 new listings, and 4 homes were sold with a
median sale price of $3.7m. The median overbid
was 94.4%, and the average time spent on the
market was 32 days.
There are currently no condos for sale, inventory,
new listings, or condo sales reported in March and
January.

SFH
Single-Family Homes
5
New Listings
4
Sold Listings
2.3
Months of Inventory
$3.7M
Median Sale Price
94.4%
Median Sale vs List
32
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
No data for this month

Portola Valley
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
40
30
20
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
100
75
50
25
0
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$7,500,000
Single-Family Homes
The median sales price has
decreased from $4.6m last
March 2022, to $3.7m as of
March 2023.
Condos & Townhomes
No data for this month.
$5,000,000
$2,500,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
150
AVG Days
On the Market
100
50
Single-Family Homes
The average days on market
went up from 13 days last
March 2022, to 32 days as of
March 2023.
Condos & Townhomes
No data for this month.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Overbids
125%
Single-Family Homes
The overbid percentage has
decreased from 108.8% last
March 2022, to 94.4% a year
later.
Condos & Townhomes
No data for this month.
100%
75%
50%
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Menlo Park
What's in the Menlo Park data?
Currently, there are 52 single-family homes for
sale, providing 0.8 months of inventory. There
were 30 new listings, and 18 homes were sold
with a median sale price of $3.8m. The median
overbid was 97.6%, and the average time spent on
the market was 18 days.
There are currently 11 condo and townhome units
for sale, providing 9 months of inventory. There
were 5 new listings for sale, and 5 condos were
sold with a median sale price of $1.4m. The
median overbid was 95.5%, and the average time
on the market was 173 days.

SFH
Single-Family Homes
30
New Listings
18
Sold Listings
0.8
Months of Inventory
$3.8M
Median Sale Price
97.6%
Median Sale vs List
18
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
5
New Listings
5
Sold Listings
9
Months of Inventory
95.5%
Median Sale vs List
$1.4M
Median Sale Price
173
Avg Days on Market

Menlo Park
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
125
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
30
20
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$5,000,000
Single-Family Homes
The median sales price has
increased from $3.3m last
March 2022, to $3.8m as of
March 2023.
$4,000,000
$3,000,000
$2,000,000
Condos & Townhomes
The median sales price has
increased from $1.2m last
March 2022, to $1.4m as of
March 2023.
$1,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
200
AVG Days
On the Market
150
100
Single-Family Homes
The average days on market
went up from 12 days last
March 2022, to 18 days as of
March 2023.
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 14 days in
March 2022, to 173 days as
of March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 109.4% last
March 2022, to 97.6% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 102.1% last
March 2022, to 95.5% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Atherton
What's in the Atherton data?
Currently, there are 28 single-family homes for
sale, providing 7.7 months of inventory. There
were 8 new listings, and 4 homes were sold with a
median sale price of $6.2m. The median overbid
was 89.6%, and the average time spent on the
market was 35 days.
There are currently no condos for sale, inventory,
new listings, or condo sales reported in March and
January.

SFH
Single-Family Homes
8
New Listings
4
Sold Listings
7.7
Months of Inventory
$6.2M
Median Sale Price
89.6%
Median Sale vs List
35
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
No data for this month

Atherton
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
50
40
30
20
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
100
75
50
25
0
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$20,000,000
Single-Family Homes
The median sales price has
decreased from $16.8m last
March 2022, to $6.2m as of
March 2023.
Condos & Townhomes
No data for this month.
$15,000,000
$10,000,000
$5,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
100
AVG Days
On the Market
75
50
25
Single-Family Homes
The average days on market
went up from 12 days last
March 2022, to 35 days as of
March 2023.
Condos & Townhomes
No data for this month.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Overbids
125%
Single-Family Homes
The overbid percentage has
decreased from 104.9% last
March 2022, to 89.6% a year
later.
Condos & Townhomes
No data for this month.
100%
75%
50%
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Los Altos
What's in the Los Altos data?
Currently, there are 37 single-family homes for
sale, providing 1.1 months of inventory. There
were 24 new listings, and 19 homes were sold
with a median sale price of $4m. The median
overbid was 98.7%, and the average time spent on
the market was 14 days.
There are currently 13 condo and townhome units
for sale, providing 0 months of inventory. There
were 6 new listings for sale, and 3 condos were
sold with a median sale price of $1.8m. The
median overbid was 98.7%, and the average time
on the market was 7 days.

SFH
Single-Family Homes
24
New Listings
19
Sold Listings
1.1
Months of Inventory
$4M
Median Sale Price
98.7%
Median Sale vs List
14
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
6
New Listings
3
Sold Listings
0
Months of Inventory
98.7%
Median Sale vs List
$1.8M
Median Sale Price
7
Avg Days on Market

Los Altos
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
125
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
Single-Family Homes
Last 12 months, year-over-year.
25
20
15
10
5
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$5,000,000
Single-Family Homes
The median sales price has
decreased from $4.5m last
March 2022, to $4m as of
March 2023.
$4,000,000
$3,000,000
$2,000,000
Condos & Townhomes
The median sales price has
increased from $1.2m last
March 2022, to $1.8m as of
March 2023.
$1,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
200
AVG Days
On the Market
150
100
Single-Family Homes
The average days on market
went up from 8 days last
March 2022, to 14 days as of
March 2023.
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went down from 16 days in
March 2022, to 7 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 117.3% last
March 2022, to 98.7% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 110% last
March 2022, to 98.7% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

San Jose
What's in the San Jose data?
Currently, there are 616 single-family homes for
sale, providing 0.8 months of inventory. There
were 382 new listings, and 317 homes were sold
with a median sale price of $1.5m. The median
overbid was 99.2%, and the average time spent on
the market was 19 days.
There are currently 286 condo and townhome
units for sale, providing 0.8 months of inventory.
There were 173 new listings for sale, and 132
condos were sold with a median sale price of
$819k. The median overbid was 100.4%, and the
average time on the market was 27 days.

SFH
Single-Family Homes
382
New Listings
317
Sold Listings
0.8
Months of Inventory
$1.5M
Median Sale Price
99.2%
Median Sale vs List
19
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
173
New Listings
132
Sold Listings
0.8
Months of Inventory
100.4%
Median Sale vs List
$819K
Median Sale Price
27
Avg Days on Market

San Jose
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
2,000
1,500
1,000
500
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
750
500
250
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has
decreased from $1.7m last
March 2022, to $1.5m as of
March 2023.
$1,000,000
Condos & Townhomes
The median sales price has
decreased from $906k last
March 2022, to $819k as of
March 2023.
$500,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
50
AVG Days
On the Market
40
30
20
Single-Family Homes
The average days on market
went up from 10 days last
March 2022, to 19 days as of
March 2023.
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 11 days in
March 2022, to 27 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 118.1% last
March 2022, to 99.2% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 112.5% last
March 2022, to 100.4% a year
later.
Back to Table of Contents
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023

Mountain
View
What's in the Mountain View
data?
Currently, there are 26 single-family homes for
sale, providing 0.9 months of inventory. There
were 14 new listings, and 8 homes were sold with
a median sale price of $2.7m. The median overbid
was 100.7%, and the average time spent on the
market was 26 days.
There are currently 44 condo and townhome units
for sale, providing 1.2 months of inventory. There
were 24 new listings for sale, and 19 condos were
sold with a median sale price of $1.3m. The
median overbid was 100%, and the average time
on the market was 22 days.

SFH
Single-Family Homes
14
New Listings
8
Sold Listings
0.9
Months of Inventory
$2.7M
Median Sale Price
100.7%
Median Sale vs List
26
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
24
New Listings
19
Sold Listings
1.2
Months of Inventory
100%
Median Sale vs List
$1.3M
Median Sale Price
22
Avg Days on Market

Mountain View
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
125
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$4,000,000
Single-Family Homes
$3,000,000
The median sales price has
decreased from $3.4m last
March 2022, to $2.7m as of
March 2023.
$2,000,000
Condos & Townhomes
The median sales price has
remained from $1.3m last
March 2022, to $1.3m as of
March 2023.
$1,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
75
AVG Days
On the Market
50
25
Single-Family Homes
The average days on market
went up from 11 days last
March 2022, to 26 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 17 days in
March 2022, to 22 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 119.6% last
March 2022, to 100.7% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 112.4% last
March 2022, to 100% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

San Mateo
County
What's in the San Mateo County
data?
Currently, there are 334 single-family homes for
sale, providing 1.1 months of inventory. There
were 334 new listings, and 251 homes were sold
with a median sale price of $1.7m. The median
overbid was 100%, and the average time spent on
the market was 28 days.
There are currently 132 condo and townhome
units for sale, providing 1.3 months of inventory.
There were 87 new listings for sale, and 98
condos were sold with a median sale price of
$1m. The median overbid was 99.9%, and the
average time on the market was 36 days.

SFH
Single-Family Homes
334
New Listings
251
Sold Listings
1.1
Months of Inventory
$1.7M
Median Sale Price
100%
Median Sale vs List
28
Avg Days on Market
This data was sourced from InfoSparks on April 3rd, 2023 and includes all single-family
homes, condos, and townhomes in the California Area above from March 2022 to March
2023. This may include preliminary data, and vary from the time the data was gathered.
All data is deemed reliable but not guaranteed. Questions may be directed to KW
Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each
Office is independently owned and operated.

CONDO
Condo & Townhomes
87
New Listings
98
Sold Listings
1.3
Months of Inventory
99.9%
Median Sale vs List
$1M
Median Sale Price
36
Avg Days on Market

San Mateo
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
1,250
1,000
750
500
250
0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
400
300
200
100
0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$2,500,000
Single-Family Homes
The median sales price has
decreased from $2m last
March 2022, to $1.7m as of
March 2023.
$2,000,000
$1,500,000
$1,000,000
Condos & Townhomes
The median sales price has
increased from $938k last
March 2022, to $1m as of
March 2023.
$500,000
$0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
$60
AVG Days
On the Market
$40
$20
Single-Family Homes
The average days on market
went up from 12 days last
March 2022, to 28 days as of
March 2023.
$0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 16 days in
March 2022, to 36 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 114.4% last
March 2022, to 100% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 105.3% last
March 2022, to 99.9% a year
later.
25%
0%
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Santa Clara
County
What's in the Santa Clara
County data?
Currently, there are 615 single-family homes for
sale, providing 1 month of inventory. There were
813 new listings, and 641 homes were sold with a
median sale price of $1.6m. The median overbid
was 100.9%, and the average time spent on the
market was 25 days.
There are currently 264 condo and townhome
units for sale, providing 1 month of inventory.
There were 352 new listings for sale, and 267
condos were sold with a median sale price of
$940k. The median overbid was 100%, and the
average time on the market was 27 days.

SFH
Single-Family Homes
813
New Listings
641
Sold Listings
1
Months of Inventory
$1.6M
Median Sale Price
100.9%
Median Sale vs List
25
Avg Days on Market
This data was sourced from InfoSparks on April 3rd, 2023 and includes all single-family
homes, condos, and townhomes in the California Area above from March 2022 to March
2023. This may include preliminary data, and vary from the time the data was gathered.
All data is deemed reliable but not guaranteed. Questions may be directed to KW
Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023. Each
Office is independently owned and operated.

CONDO
Condo & Townhomes
352
New Listings
267
Sold Listings
1
Months of Inventory
100%
Median Sale vs List
$940K
Median Sale Price
27
Avg Days on Market

Santa Clara County
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
2,500
2,000
1,500
1,000
500
0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
1,250
1,000
750
500
250
0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has
decreased from $1.9m last
March 2022, to $1.6m as of
March 2023.
$1,000,000
Condos & Townhomes
The median sales price has
decreased from $1m last
March 2022, to $940k as of
March 2023.
$500,000
$0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
$40
AVG Days
On the Market
$30
$20
Single-Family Homes
The average days on market
went up from 12 days last
March 2022, to 25 days as of
March 2023.
$10
$0
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 11 days in
March 2022, to 27 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 116% last
March 2022, to 100.9% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 110.5% last
March 2022, to 100% a year
later.
25%
0%
March 2022
April 2023
May 2023
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Monterey
County
What's in the Monterey County
data?
Currently, there are 438 single-family homes for
sale, providing 1.7 months of inventory. There
were 156 new listings, and 147 homes were sold
with a median sale price of $900k. The median
overbid was 94.1%, and the average time spent on
the market was 43 days.
There are currently 63 condo and townhome units
for sale, providing 0.9 months of inventory. There
were 37 new listings for sale, and 27 condos were
sold with a median sale price of $640k. The
median overbid was 96%, and the average time on
the market was 25 days.

SFH
Single-Family Homes
156
New Listings
147
Sold Listings
1.7
Months of Inventory
$900K
Median Sale Price
94.1%
Median Sale vs List
43
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
37
New Listings
27
Sold Listings
0.9
Months of Inventory
96%
Median Sale vs List
$640K
Median Sale Price
25
Avg Days on Market

Monterey County
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
1,000
750
500
250
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$1,000,000
Single-Family Homes
$750,000
The median sales price has
decreased from $912k last
March 2022, to $900k as of
March 2023.
$500,000
Condos & Townhomes
The median sales price has
decreased from $750 last
March 2022, to $640 as of
March 2023.
$250,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
75
AVG Days
On the Market
50
25
Single-Family Homes
The average days on market
went up from 17 days last
March 2022, to 43 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 22 days in
March 2022, to 25 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 99.4% last
March 2022, to 94.1% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 101.1% last
March 2022, to 96% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Santa Cruz
County
What's in the Santa Cruz
County data?
Currently, there are 279 single-family homes for
sale, providing 1.9 months of inventory. There
were 123 new listings, and 94 homes were sold
with a median sale price of $1.2m. The median
overbid was 96.2%, and the average time spent on
the market was 40 days.
There are currently 52 condo and townhome units
for sale, providing 1.6 months of inventory. There
were 18 new listings for sale, and 20 condos were
sold with a median sale price of $880k. The
median overbid was 99%, and the average time on
the market was 44 days.

SFH
Single-Family Homes
123
New Listings
94
Sold Listings
1.9
Months of Inventory
$1.2M
Median Sale Price
96.2%
Median Sale vs List
40
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
18
New Listings
20
Sold Listings
1.6
Months of Inventory
99%
Median Sale vs List
$880K
Median Sale Price
44
Avg Days on Market

Santa Cruz County
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
600
400
200
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has
decreased from $1.6m last
March 2022, to $1.2m as of
March 2023.
$1,000,000
Condos & Townhomes
The median sales price has
increased from $805k last
March 2022, to $880k as of
March 2023.
$500,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
75
AVG Days
On the Market
50
25
Single-Family Homes
The average days on market
went up from 14 days last
March 2022, to 40 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 17 days in
March 2022, to 44 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 107.4% last
March 2022, to 96.2% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 108.2% last
March 2022, to 99% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

East
Palo Alto
What's in the East Palo Alto
data?
Currently, there are 15 single-family homes for
sale, providing 1.6 months of inventory. There
were 7 new listings, and 3 homes were sold with a
median sale price of $961k. The median overbid
was 100.1%, and the average time spent on the
market was 12 days.
There are currently 3 condo and townhome units
for sale, providing 1 month of inventory. There
was 1 new listing for sale, and 1 unit was sold with
a median sale price of $455k. The median overbid
was 98.9%, and the average time on the market
was 6 days.

SFH
Single-Family Homes
7
New Listings
3
Sold Listings
1.6
Months of Inventory
$961K
Median Sale Price
100.1%
Median Sale vs List
12
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
1
New Listings
1
Sold Listings
1
Months of Inventory
98.9%
Median Sale vs List
$455K
Median Sale Price
6
Avg Days on Market

East Palo Alto
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
50
40
30
20
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
10
7.5
5
2.5
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$1,500,000
Single-Family Homes
The median sales price has
decreased from $1m last
March 2022, to $961k as of
March 2023.
$1,000,000
$500,000
Condos & Townhomes
The median sales price has
decreased from $792k last
March 2022, to $455k as of
March 2023.
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
100
AVG Days
On the Market
75
50
Single-Family Homes
The average days on market
went up from 6 days last
March 2022, to 12 days as of
March 2023.
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went down from 7 days in
March 2022, to 6 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 103.3% last
March 2022, to 100.1% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 105.2% last
March 2022, to 98.9% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Sunnyvale
What's in the Sunnyvale data?
Currently, there are 82 single-family homes for
sale, providing 0.5 months of inventory. There
were 50 new listings, and 42 homes were sold
with a median sale price of $2.3m. The median
overbid was 104.5%, and the average time spent
on the market was 17 days.
There are currently 30 condo and townhome units
for sale, providing 1 month of inventory. There
were 19 new listings for sale, and 13 condos were
sold with a median sale price of $1.1m. The
median overbid was 102.9%, and the average time
on the market was 14 days.

SFH
Single-Family Homes
50
New Listings
42
Sold Listings
0.5
Months of Inventory
$2.3M
Median Sale Price
104.5%
Median Sale vs List
17
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
19
New Listings
13
Sold Listings
1
Months of Inventory
102.9%
Median Sale vs List
$1.1M
Median Sale Price
14
Avg Days on Market

Sunnyvale
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
200
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$3,000,000
Single-Family Homes
The median sales price has
decreased from $2.8m last
March 2022, to $2.3m as of
March 2023.
$2,000,000
$1,000,000
Condos & Townhomes
The median sales price has
decreased from $1.4m last
March 2022, to $1.1m as of
March 2023.
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
40
AVG Days
On the Market
30
20
Single-Family Homes
The average days on market
went up from 10 days last
March 2022, to 17 days as of
March 2023.
10
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 10 days in
March 2022, to 14 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 120.7% last
March 2022, to 104.5% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 111.2% last
March 2022, to 102.9% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Santa Clara
City
What's in the Santa Clara City
data?
Currently, there are 59 single-family homes for
sale, providing 0.8 months of inventory. There
were 33 new listings, and 28 homes were sold
with a median sale price of $1.6m. The median
overbid was 107.1%, and the average time spent
on the market was 14 days.
There are currently 35 condo and townhome units
for sale, providing 0.7 months of inventory. There
were 18 new listings for sale, and 18 condos were
sold with a median sale price of $985k. The
median overbid was 103.2%, and the average time
on the market was 19 days.

SFH
Single-Family Homes
33
New Listings
28
Sold Listings
0.8
Months of Inventory
$1.6M
Median Sale Price
107.1%
Median Sale vs List
14
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
18
New Listings
18
Sold Listings
0.7
Months of Inventory
103.2%
Median Sale vs List
$985K
Median Sale Price
19
Avg Days on Market

Santa Clara City
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
200
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
150
100
50
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has
decreased from $1.9m last
March 2022, to $1.6m as of
March 2023.
$1,000,000
Condos & Townhomes
The median sales price has
increased from $915k last
March 2022, to $985k as of
March 2023.
$500,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
60
AVG Days
On the Market
40
20
Single-Family Homes
The average days on market
went up from 10 days last
March 2022, to 14 days as of
March 2023.
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 11 days in
March 2022, to 19 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 122.1% last
March 2022, to 107.1% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 113.5% last
March 2022, to 103.2% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Saratoga
What's in the Saratoga data?
Currently, there are 44 single-family homes for
sale, providing 1.9 months of inventory. There
were 17 new listings, and 17 homes were sold
with a median sale price of $4.1m. The median
overbid was 96.7%, and the average time spent on
the market was 26 days.
There are currently 8 condo and townhome units
for sale, providing 0.2 months of inventory. There
were 5 new listings for sale, and 2 condos were
sold with a median sale price of $1.1m. The
median overbid was 101.1%, and the average time
on the market was 20 days.

SFH
Single-Family Homes
17
New Listings
17
Sold Listings
1.9
Months of Inventory
$4.1M
Median Sale Price
96.7%
Median Sale vs List
26
Avg Days on Market
This data was sourced from Broker Metrics on April 3rd, 2023 and includes all singlefamily
homes, condos, and townhomes in the California Area above from March 2022 to
March 2023. This may include preliminary data, and vary from the time the data was
gathered. All data is deemed reliable but not guaranteed. Questions may be directed to
KW Advisors. 415.483.9285. Palo Alto | DRE# 01511642 Copyright KW Advisors 2023.
Each Office is independently owned and operated.

CONDO
Condo & Townhomes
5
New Listings
2
Sold Listings
0.2
Months of Inventory
101.1%
Median Sale vs List
$1.1M
Median Sale Price
20
Avg Days on Market

Saratoga
MARCH 2022 - MARCH 2023
LISTINGS FOR SALE
SOLD LISTINGS
100
75
50
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Single-Family Homes
Last 12 months, year-over-year.
15
10
5
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
Last 12 months, year-over-year.

Median
Sales Price
$5,000,000
Single-Family Homes
The median sales price has
increased from $3.7m last
March 2022, to $4.1m as of
March 2023.
$4,000,000
$3,000,000
$2,000,000
Condos & Townhomes
The median sales price has
decreased from $2m last
March 2022, to $1.1m as of
March 2023.
$1,000,000
$0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
125
AVG Days
On the Market
100
75
50
Single-Family Homes
The average days on market
went up from 11 days last
March 2022, to 26 days as of
March 2023.
25
0
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Condos & Townhomes
The average days on market
went up from 16 days in
March 2022, to 20 days as of
March 2023.
Overbids
125%
Single-Family Homes
100%
The overbid percentage has
decreased from 115.1% last
March 2022, to 96.7% a year
later.
75%
50%
Condos & Townhomes
The overbid percentage has
decreased from 112.7% last
March 2022, to 101.1% a year
later.
25%
0%
March 2022
April 2022
May 2022
June 2022
July 2022
August 2022
September 2022
October 2022
November 2022
December 2022
January 2023
February 2023
March 2023
Back to Table of Contents

Christina Hood (& Greg