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2019 Silicon Valley Market Round-Up

Keith Walker

“I care about people, not properties.” Keith Walker is an around-the-clock realtor, living and breathing real estate every day of his life...

“I care about people, not properties.” Keith Walker is an around-the-clock realtor, living and breathing real estate every day of his life...

Jan 14 2 minutes read

If selling your home is on the list of your new year resolutions, it's important to have a good understanding of what happened in Silicon Valley in 2019 so you know what to expect in 2020.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our 2019 Silicon Valley market round-up is an easy way to understand and showcase everything you need to know about local real estate trends.

2019 Silicon Valley Market Round-Up

$1,360,196

Average Sales Price

776

Average Price per Square Foot

100.7%

New Listings


41 Homes Sold This Year

Average Realtor sells 2-3 homes per year*

*According to CAR


Seller Represented by Us:

 Average List Price = $1,493,000

Average Sales Price = $1,558,500

 Average Price per square foot = $827.04

 List Price to Sales Price Average = 104.3%

That equals $48,970 more in the seller’s pocket vs the averages

*Results are 3.6% better than the county averages 

 

Buyer Represented by Us:

 Average List Price = $1,608,861

Average Sales Price = $1,587,375

 Average Price per square foot = $760.44

 List Price to Sales Price Average = 98.7%

That equals $27,200 more in the buyer’s pocket vs the averages

*Results are 2% better than the county averages 

Curious about what
your home is worth now?

Get an accurate home value report from our team. 

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