The Numbers---Median Home Prices, Sales, and Percent Change

Check out these numbers from Mercury News summarizing median home prices, sales, and percent changes in Santa Clara County and San Mateo County. The numbers are specific by town.

Here are the numbers for all homes in San Mateo--Price:$693,000

%Chg $/SqFt #Sold %Chg
-15.4% $504 506 -26.2%

LINK- San Mateo Median Home Prices and Sales


Here are the numbers for all homes in Santa Clara--Price:$623,500

%Chg $/SqFt #Sold %Chg
-12.7% $420 1,341 -33.0%

LINK= Santa Clara County Median Home Prices and Sales

A good clearcut l0ok at how the local market's changed and what you can expect to get for your home if you're a seller. The biggest difference is in the area of new homes where the drop in sales is over fifty percent. Anyone surprised? But that doesn't herald such bad news here---it means this market is still tight, so sellers shouldn't have trouble finding buyers.