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Silicon Valley Home Sales Trends

Silicon Valley home sales have a seasonal dependence. The number of sales is very low in the 4th and 1st quarters. Sales typically peak in the 2nd quarter. In many cities the price tends to dip a little from the 2nd quarter through the 4th. The price then increases in the 1st and 2nd quarters.
 
San Mateo County Average Home Price Per Sq.Ft.
Santa Clara County Average Home Price Per Sq.Ft.
Many cities in Silicon Valley have generally been considered a "seller's market" for decades. Home sales prices are often higher than list prices. This depends upon both the city and the price range. Looking at sales prices vs. list prices can give an indication of a changing real estate market.
 
Quarterly Palo Alto home sales prices vs. list prices
Quarterly Los Gatos home sales prices vs. list prices

A Few Silicon Valley Luxury Homes

369 Churchill AVE
PALO ALTO, CA
Photo of 369 Churchill AVE, PALO ALTO, CA 94301 (MLS # ML81751949)
$39,988,000
Lot Size
1.12 ac
Home Size
10,877 sqft
Beds
5 Beds
Baths
10 Baths
1500 Cowper ST
PALO ALTO, CA
Photo of 1500 Cowper ST, PALO ALTO, CA 94301 (MLS # ML81774209)
$27,800,000
Lot Size
15,020 sqft
Home Size
7,930 sqft
Beds
5 Beds
Baths
8 Baths
1995 Waverley ST
PALO ALTO, CA
Photo of 1995 Waverley ST, PALO ALTO, CA 94301 (MLS # ML81754178)
$17,888,000
Lot Size
19,515 sqft
Home Size
6,265 sqft
Beds
5 Beds
Baths
6 Baths
1039 University AVE
PALO ALTO, CA
Photo of 1039 University AVE, PALO ALTO, CA 94301 (MLS # ML81738043)
$12,500,000
Lot Size
19,999 sqft
Home Size
5,617 sqft
Beds
5 Beds
Baths
5 Baths
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