Is Santa Clara & San Benito counties, CA a buyer’s or seller’s market?

4 weeks ending September 20, 2026 · updated weekly · Source: Redfin · Methodology

In the 4 weeks ending September 20, 2026, 47.7% of homes sold here closed above their original list price, with 2.2 months of supply and a median of 19 days on market.

Sold above original list47.7%▲ up 2.3 pts vs. a year ago
Average sale-to-list101.8%▼ down 0.1 pts vs. a year ago
Months of supply2.2▲ up 0.4 vs. a year ago
Median days on market19▲ up 1 days vs. a year ago
Median sale price$1,524,717
Pending sales1,010Homes that went under contract

Share of homes sold above original list

Share of homes sold above original list price, Santa Clara & San Benito counties, CA (rolling 4 weeks)Latest: 47.7% 37%49%61%73%Sep 24Mar 25Sep 25Mar 26Sep 26

Months of supply

Months of supply, Santa Clara & San Benito counties, CA (rolling 4 weeks)Latest: 2.2 months 1.11.62.22.7Sep 24Mar 25Sep 25Mar 26Sep 26

Seller signals

Listings with a price cut16.12%▲ up 1.4 pts vs. a year ago · August 2026 · All areas
Pending sales canceled5.57%▼ down 0.3 pts vs. a year ago · August 2026 · All areas
Buyers vs. sellersBalanced7% more sellers than buyers · August 2026 · All areas
Listings pulled without selling7.94%▲ up 0.5 pts vs. a year ago · August 2026

Home prices (Redfin Home Price Index): ▲ up 2.1% from a year earlier

Redfin Home Price Index, Santa Clara & San Benito counties, CA (repeat sales)Latest 152; up 2.1% from a year earlier 105123142160Sep 20Mar 22Sep 23Mar 25Aug 26

Tracks price changes from repeat sales of the same homes, through August 2026.

Most competitive ZIP codes in Santa Clara & San Benito counties, CA

Heat scores for the 3 months ending August 31, 2026. Top 10 across all areas →

All ZIP codes in this area

Lighter entries had too few sales last period to rank.

Market data describes housing activity only. Figures may be revised by the source. Methodology