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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.
According to MLS Listings, the marketplace for Santa Clara County residential properties, here’s what happened in Quarter 3 2024 VS Quarter 3 2025:
The Number of SOLD listings decreased by 5% to 2973 properties, with a top sale of $20,000,000 million at 23600 Congress Springs Road.
The Average Sales Price increased by 3% to $1,971,294 million, moving the Average Price Per Square Foot down to $1,063.
As measured in quarterly supply, the inventory of properties available for sale increased by 11% to 2.10 quarterly worth of properties for sale
The average 30-year fixed mortgage rate remains unchanged at 6.27%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
