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Market Pulse

Santa Clara market insights

A local market update for Townhouse, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSanta ClaraTownhouses · May 2026Santa Clara held steady in May: the keymarket signals were mixed.Median sale price$1.18M-8.1% vs AprTime to pending13d3 days slower vs AprSold over asking64%+6 pts vs AprActive listings17-32.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSanta ClaraTownhouses · May 2026Most Santa Clara townhouses are stillselling over asking (64%). Price toinvite competition.101.6%average sale price vs. asking priceSold over asking64%vs. a year ago+14 pts108.4%105.1%101.8%Sold at asking price101.6%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSanta ClaraTownhouses · May 2026The typical Santa Clara townhouse closes+1.6% above its asking price.-$425Kmedian sale price minus asking priceMedian asking price$1.6MMedian sale price$1.18M$1.65M$1.44M$1.24MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESanta ClaraTownhouses · May 2026Santa Clara townhouse values edged up+4.3% year over year.$1.18Mmedian sale priceYear over year+4.3%Homes sold last month14$1.41M$1.26M$1.11M$1.18MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSanta ClaraTownhouses · May 2026Santa Clara townhouses are flying offthe market in 13 days, 7 days fasterthan last year.13 daysmedian time to pendingGone within two weeks50%vs. a year ago7 days faster27d18d9d13dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSanta ClaraTownhouses · May 2026Santa Clara inventory is up 30.8% yearover year, so sellers have morecompetition.17active listingsYear over year+30.8%Months of supply1.22114717Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSanta ClaraTownhouses · May 20261 in 2 Santa Clara listings cut itsasking price last month, up 5 pts from ayear ago.59%of active listings cut their asking pricevs. a year ago+5 ptsActive listings1740%31%22%59%Jun 2024Jul 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSanta ClaraTownhouses · May 2026Santa Clara moves at two speeds: 50% oftownhouses were gone inside two weekswhile the rest sat longer.50%of listings went pending within two weeksMedian time to pending13 daysvs. a year ago+33 pts52%33%15%Half of listings50%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSanta ClaraTownhouses · May 2026November is historically Santa Clara'scalmest month for buyers: 5.7 pts lessover-asking than February.Novemberhistorically the calmest month for buyersBuyer's edge vs February-5.7 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.2 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESanta ClaraTownhouses · May 2026Santa Clara townhouse values are up +20%over the past 10 years.+20%median sale price growth since 2016Median price in 2016$978KAverage gain per year+1.9%$1.31M$1.13M$952K$1.18MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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