Housing inventory is on the rise in Santa Clara County, up nearly 29% over this time last year. While that seems like a significant increase, it reflects how little inventory we had a year ago.
We still have less than two months of inventory. Recently, we have seen the pace of sales decline from traditional spring levels.
“Home sales in Santa Clara County continue to show resilience,” Doug Goss, 2025 president of the Santa Clara County Association of Realtors, said. “While closed sales dipped slightly, new listings are up and home prices continue to rise. With median prices up 5.5% year-over-year, buyer demand remains strong despite longer days on market.”
While the market remains highly competitive, the increase in inventory has provided buyers with a greater array of choices at all pr