In February, the median sale price of a home in Santa Clara County rose by $187,500 from the same period in the previous year, while total sales increased by 26.7%, according to BlockShopper.com.
Data shows that there were 793 homes sold in February, with a median sale price of $1,400,000 - a 15.5% increase over the $1,212,500 median sale price for the same period of the previous year. There were 626 homes sold in Santa Clara County in February 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 0.6% of February's median home sale price.
The following histogram displays changes in median sales prices in Santa Clara County from February 2023 to February 2024.