Monthly market wrap MONTHLY MARKET WRAP Santa Clara All home types · May 2026 The Santa Clara market eased in May: most key signals moved the buyer's way. Median sale price $1.71M ▼ -3.3% vs Apr Time to pending 14d ▲ 3 days slower vs Apr Sold over asking 66% ▼ -4 pts vs Apr Active listings 128 ▲ +4.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Santa Clara All home types · May 2026 Most Santa Clara homes are still selling over asking (66%). Price to invite competition. 104.0% average sale price vs. asking price Sold over asking 66% vs. a year ago +5 pts 107.9% 104.8% 101.7% Sold at asking price 104.0% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Santa Clara All home types · May 2026 The typical Santa Clara home closes +4.0% above its asking price. +$111K median sale price minus asking price Median asking price $1.6M Median sale price $1.71M $1.75M $1.57M $1.4M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Santa Clara All home types · May 2026 Santa Clara home values edged up +3.6% year over year. $1.71M median sale price Year over year +3.6% Homes sold last month 68 $1.68M $1.49M $1.31M $1.71M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Santa Clara All home types · May 2026 Santa Clara homes are flying off the market in 14 days, 6 days faster than last year. 14 days median time to pending Gone within two weeks 46% vs. a year ago 6 days faster 22d 15d 7d 14d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Santa Clara All home types · May 2026 Santa Clara inventory is up 25.5% year over year, so sellers have more competition. 128 active listings Year over year +25.5% Months of supply 1.9 113 88 62 128 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Santa Clara? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Santa Clara All home types · May 2026 1 in 3 Santa Clara listings cut its asking price last month. 38% of active listings cut their asking price vs. a year ago -1 pts Active listings 128 30% 22% 15% 38% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Santa Clara All home types · May 2026 Santa Clara moves at two speeds: 46% of homes were gone inside two weeks while the rest sat longer. 46% of listings went pending within two weeks Median time to pending 14 days vs. a year ago -1 pts 54% 37% 21% Half of listings 46% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Santa Clara All home types · May 2026 October is historically Santa Clara's calmest month for buyers: 5.7 pts less over-asking than March. October historically the calmest month for buyers Buyer's edge vs March -5.7 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.3 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Santa Clara All home types · May 2026 A Santa Clara home bought in 2016 has gained +71% in value since. +71% median sale price growth since 2016 Median price in 2016 $1M Average gain per year +5.5% $1.57M $1.33M $1.09M $1.71M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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