The South Bay housing market continued to demonstrate exceptional strength over the past month, driven by strong employment fundamentals, limited inventory, and sustained buyer demand. Across San Jose, Cupertino, Sunnyvale, Santa Clara, Milpitas, Saratoga, Campbell, Los Gatos, Monte Sereno, Los Altos, and Palo Alto, detached homes remained the dominant property type, accounting for 696 closed transactions.

The South Bay market continues to demonstrate exceptional strength, with high transaction volume and rapid absorption across all property types. Single-family homes, which represent the largest segment, are selling quickly with a median DOM of just 9 days, highlighting continued buyer urgency driven by proximity to major tech employers and desirable school districts.

The South Bay market continues to show strong demand, particularly in the Single Family segment, where homes are selling quickly with a median of just 9 days on market. With 214 closed sales, this segment clearly dominates both in volume and buyer preference, reflecting continued demand for detached homes in tech-driven communities.

The South Bay housing market—covering major Silicon Valley cities including San Jose, Cupertino, Sunnyvale, Santa Clara, Milpitas, Saratoga, Campbell, Los Gatos, Monte Sereno, Los Altos, and Palo Alto—continues to demonstrate strong demand across all property types. Single-family homes remain the dominant segment, with 435 closed sales and a median sold price of approximately $2.05 million. Homes in this category moved quickly, with a median of just eight days on market.

The South Bay market last month demonstrated robust activity across all major cities, anchored by strong Single Family demand. With over 250 closed Single Family sales and a median DOM of just 10 days, buyer competition remains intense, particularly in core tech-driven markets like Cupertino, Sunnyvale, and Campbell.

Last month’s South Bay housing market demonstrated sustained momentum, driven primarily by single-family home demand across both core and luxury submarkets. San Jose continued to anchor overall activity with the highest number of closed sales, offering relatively more attainable entry points within the region.

Over the last 30 days, the South Bay market shows a high-velocity, high-price environment led by single-family homes. Across all property types, 673 listings reached sold/closed status, with 486 of those being single-family (DE). Within this DE segment, the median sold price is $1,939,000 and the median days on market is just 10 days, indicating that detached homes are both the most common closing type and the fastest-moving category.

In the past month, the South Bay market remained one of the strongest across the Bay Area, with 911 sold listings and another 694 pending, reflecting deep buyer demand and continuous turnover. Single-family homes led the charge with a $1.92M median and a median DOM of just 10 days, underscoring buyer urgency and limited inventory.

The South Bay housing market remained fiercely competitive through the past month, posting 851 closed sales and 786 pendings — clear evidence of sustained buyer momentum despite higher inventory.

As the leaves turn vibrant shades and the air cools off, pumpkin season is upon us! The Bay Area boasts some fantastic pumpkin patches,...

The South Bay market posted high activity last month with 849 Sold/Closed transactions alongside 1,270 Active and 778 Pending listings. Single Family homes dominated—605 closings at a $1.91M median and 13 DOM—showing strong buyer urgency. SAN JOSE led in volume with 351 closings, balancing affordability ($1.56M median) with fast turnover.

South Bay saw 631 SF homes at $1.9M/13 days; 121 townhouses at $1.2M/16 days; 111 condos at $765K/21 days. Actives at 1,455 vs. 863 sold signal strong buyer choice.

JUN 2025: South Bay Market Update