Ascend RE April 20, 2026
The Silicon Valley housing market is showing a mix of momentum and moderation as the spring season ramps up, with notable differences across counties and property types.
Single-family home prices are sending mixed signals across the region. San Mateo County is leading the way with a solid 5.45% year-over-year increase, while Santa Clara County and Santa Cruz County have seen slight to more significant declines. This uneven performance highlights a market that remains strong overall but is beginning to show signs of recalibration in certain areas.
The condo market, meanwhile, is far less consistent. Santa Cruz County saw a dramatic surge in condo prices, while both San Mateo and Santa Clara Counties experienced declines. These variations point to shifting buyer demand and localized market dynamics playing a larger role.
Inventory is beginning to rebound as more sellers enter the market for the busy spring season. While still down slightly from last year, available listings are climbing month-over-month, helping to ease some of the supply constraints seen earlier in the year.
Despite this increase in inventory, single-family homes are still selling at a rapid pace. Homes in San Mateo and Santa Clara Counties are moving in just 10 and 8 days on average, underscoring continued strong demand. Santa Cruz is moving a bit slower, though still relatively سريع by historical standards. Condo sales, however, are far more varied—ranging from fast-moving in San Mateo to significantly slower in Santa Clara and especially Santa Cruz.
Overall, Silicon Valley remains a tale of two markets. Single-family homes continue to operate in a strong seller’s market, with low inventory and quick sales driving competition. Condos, on the other hand, offer more balance—and in some cases, a buyer’s market—giving purchasers greater flexibility and negotiating power as the spring season unfolds.
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Provided Courtesy of Ascend Real Estate
Provided Courtesy of Ascend Real Estate
Provided courtesy of Ascend Real Estate
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