In March 2023, the median sale price of a home in Santa Clara County fell by $130,000 from the same period in the previous year, while total sales decreased by 43.3%, according to BlockShopper.com.
Data shows that there were 1,014 homes sold in March 2023, with a median sale price of $1,375,000 – an 8.6% decrease from the $1,505,000 median sale price for the same period of the previous year. There were 1,789 homes sold in Santa Clara County in March 2022.
For context, the median sales tax in Santa Clara County, based on the latest available data from 2021, was $8,207, which stands at 0.6% of March 2023’s median home sale price.
The following histogram displays changes in median sales prices in Santa Clara County from March 2022 to March 2023.
