In January 2023, the median sale price of a home in Santa Clara County rose by $45,000 from the same period in the previous year, while total sales decreased by 50.4%, according to BlockShopper.com.
Data shows that there were 503 homes sold in January 2023, with a median sale price of $1,285,000 - a 3.6% increase over the $1,240,000 median sale price for the same period of the previous year. There were 1,015 homes sold in Santa Clara County in January 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 January 2023's median home sale price.
The following histogram displays changes in median sales prices in Santa Clara County from January 2022 to January 2023.