In May, the median sale price of a home in Santa Clara County rose by $170,000 from the same period in the previous year, while total sales increased by 16.2%, according to BlockShopper.com.
Data shows that there were 1,465 homes sold in May, with a median sale price of $1,640,000 – an 11.6% increase over the $1,470,000 median sale price for the same period of the previous year. There were 1,261 homes sold in Santa Clara County in May 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 May’s median home sale price.
The following histogram displays changes in median sales prices in Santa Clara County from May 2023 to May 2024.
