Monthly market wrap MONTHLY MARKET WRAP Santa Clara Single-family homes · May 2026 The Santa Clara market eased in May: most key signals moved the buyer's way. Median sale price $1.9M ▼ -9.6% vs Apr Time to pending 13d ▲ 3 days slower vs Apr Sold over asking 70% ▼ -12 pts vs Apr Active listings 56 ▼ -6.7% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Santa Clara Single-family homes · May 2026 Most Santa Clara SFHs are still selling over asking (70%). Price to invite competition. 105.5% average sale price vs. asking price Sold over asking 70% vs. a year ago -1 pts 111.4% 107.0% 102.5% Sold at asking price 105.5% 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 Single-family homes · May 2026 Santa Clara SFHs are closing +5.5% above asking. The list price is the floor, not the ceiling. +$301K median sale price minus asking price Median asking price $1.6M Median sale price $1.9M $2.1M $1.79M $1.48M 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 Single-family homes · May 2026 Santa Clara SFH values dipped -0.8% from a year ago. $1.9M median sale price Year over year -0.8% Homes sold last month 43 $1.98M $1.69M $1.41M $1.9M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Santa Clara Single-family homes · May 2026 The typical Santa Clara SFH goes pending in 13 days, 2 days slower than last year. 13 days median time to pending Gone within two weeks 53% vs. a year ago 2 days slower 14d 9d 5d 13d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Santa Clara Single-family homes · May 2026 Santa Clara inventory is up 47.4% year over year, so sellers have more competition. 56 active listings Year over year +47.4% Months of supply 1.3 51 36 21 56 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 Single-family homes · May 2026 1 in 2 Santa Clara listings cut its asking price last month, up 24 pts from a year ago. 50% of active listings cut their asking price vs. a year ago +24 pts Active listings 56 36% 26% 16% 50% 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 Single-family homes · May 2026 Santa Clara moves at two speeds: 53% of SFHs were gone inside two weeks while the rest sat longer. 53% of listings went pending within two weeks Median time to pending 13 days vs. a year ago -15 pts 60% 43% 25% Half of listings 53% 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 Single-family homes · May 2026 September is historically Santa Clara's calmest month for buyers: 6.4 pts less over-asking than March. September historically the calmest month for buyers Buyer's edge vs March -6.4 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 Single-family homes · May 2026 A Santa Clara SFH bought in 2016 has gained +57% in value since. +57% median sale price growth since 2016 Median price in 2016 $1.21M Average gain per year +4.6% $1.85M $1.54M $1.23M $1.9M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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