Santa Clara Southwest, Santa Clara Housing Market · 2026

Data through May 2026

Santa Clara Southwest, Santa Clara Market Snapshot

Santa Clara Southwest is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:

Based on 21 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$2.33M
Down 7.3% from May 2025
Down $183K from May 2025
Homes Sold
21
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$14,349/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$11,744
  • Property Tax$2,422
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
1 more day than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
106.1%
Down from 112.2% in May 2025
Selling 6% above asking
% Sold Over Asking
90%
90% of homes sold above their asking price
Active Listings
6
· Up 0.0% from May 2025
About 0.3 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Santa Clara Southwest.

Median Sale Price
Down 7.3% year-over-year in Santa Clara Southwest. Based on 21 sales in the most recent month.
Homes Sold
30% fewer homes sold than a year ago in Santa Clara Southwest.
Total Monthly Payment
Estimated monthly cost is down 10% from a year ago in Santa Clara Southwest, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Santa Clara Southwest, Santa Clara

Is now a good time to buy in Santa Clara Southwest, Santa Clara?

Santa Clara Southwest, Santa Clara is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.

How do Santa Clara Southwest, Santa Clara home prices compare to the Bay Area average?

At $2.33M, Santa Clara Southwest, Santa Clara's median is close to the Bay Area average of $1.85M.

Within Santa Clara, this area trades about 36% above the city-wide median of $1.71M.

By home type:

  • Single-family homes at $2.49M
  • Townhomes at $1.44M
What price range should I budget for in Santa Clara Southwest, Santa Clara?

Prices in Santa Clara Southwest, Santa Clara depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.49M
  • Townhomes at $1.44M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Santa Clara Southwest, Santa Clara for buyers?

Santa Clara Southwest, Santa Clara is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 90% close above list price
  • 10 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Santa Clara Southwest, Santa Clara home?

At $2.33M with 20% down at 6.49%, your estimated total monthly cost is approximately $14,349:

  • $11,744 principal and interest
  • $2,422 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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