January 2025 Santa Clara County Real Estate Market Update: Strong Demand and Limited Inventory Driving Competition

Santa Clara County’s real estate market is kicking off 2025 with remarkable momentum, as buyer demand continues to outpace available supply. For those considering a move, here’s what you need to know about the latest market trends and how they impact your real estate goals.

Key Market Insights for January 2025

1. Months Supply of Inventory: 0.66
   The market is experiencing an exceptionally low inventory level, with fewer available homes for sale relative to the number of buyers. This scarcity continues to drive intense competition among prospective homeowners.

2. 12-Month Change in Inventory: -21.43%
   Compared to last year, inventory levels have dropped by more than 21%, further tightening market conditions. Sellers are in a strong position, as buyers compete aggressively for limited housing options.

3. Median Days on Market: 10
   Homes in Santa Clara County are selling at a rapid pace—spending just 10 days on the market before securing buyers. This swift turnover underscores the high level of demand and the necessity for buyers to act decisively.

4. Sold to List Price Percentage: 104.6%
   On average, homes are selling for 4.6% above their asking price, highlighting the intense competition and buyers’ willingness to pay a premium for desirable properties.

5. Median Sold Price: $1,800,000
   The median sold price reflects the continued strength of the market, with home values remaining high due to sustained demand and limited supply.

What This Means for Buyers and Sellers

• For Buyers: With limited inventory and intense competition, preparation is key. Getting pre-approved for a mortgage, working with a seasoned real estate professional, and making strong, competitive offers can make the difference in securing a home.

• For Sellers: The market heavily favors sellers, offering the opportunity to secure high sale prices with minimal time on the market. Proper pricing and strategic marketing can result in multiple offers and higher returns.

Navigating the 2025 Santa Clara County Market

In a fast-moving market like this, having expert guidance is crucial. Whether you’re looking to buy or sell, a tailored approach ensures success in navigating the competitive landscape.

📩 Ready to make your move? Contact me today to create a winning strategy for your real estate goals in 2025.