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Sunday, December 22, 2024

What happened to the median home valuation price in Santa Clara County in March 2024 compared to March 2023?

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In March, the median sale price of a home in Santa Clara County rose by $205,250 from the same period in the previous year, while total sales increased by 1%, according to BlockShopper.com.

Data shows that there were 1,024 homes sold in March, with a median sale price of $1,580,250 - a 14.9% increase over the $1,375,000 median sale price for the same period of the previous year. There were 1,014 homes sold in Santa Clara County in March 2023.

For context, the median sales tax in Santa Clara County, based on the latest available data from 2021, was $8,207, which stands at 0.5% of March's median home sale price.

The following histogram displays changes in median sales prices in Santa Clara County from March 2023 to March 2024.

March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024$1,375,000$1,375,000$1,450,000$1,450,000$1,470,000$1,470,000$1,500,000$1,500,000$1,450,000$1,450,000$1,460,000$1,460,000$1,485,000$1,485,000$1,475,000$1,475,000$1,400,000$1,400,000$1,386,500$1,386,500$1,360,000$1,360,000$1,400,000$1,400,000$1,580,250$1,580,250

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