Santa Clara Co. median single-family home sales prices hit $2M for first time

  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 17 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Santa Clara County Median Single-Family Home Sales News

14828190

We always knew that Santa Clara County is an expensive place to live. But new data shows just how much that actually is and it's shocking.

Santa Clara County Association of Realtors data found the median single family home price hit $2 million for the first time in April.We always knew that Santa Clara County is an expensive place to live. But new data shows just how much that actually is and it's shocking.We're talking the mid-point between the highest home sales price and the lowest.

SCC-AOR President Michelle Perry says there are only about 700 homes for sale and low inventory drives prices up. Real Estate expert and NextHome Lifestyles Broker and owner Brad Gill says it's not just a lack of inventory that brought us to the $2 million price tag.So what can we expect to see in the coming months?

14828190

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 529. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Bay homes increasingly out of reach as median price hits $2M in Santa Clara CountyHouses have long been more expensive in the Bay Area, especially in Santa Clara County. But new data shows how dire the housing affordability crisis is becoming in the South Bay.
Source: KPIXtv - 🏆 443. / 53 Read more »

See what $2M in gets you in Santa Clara County's housing marketIt is another big milestone in the Bay Area housing market: The median price of a single-family home in Santa Clara County hit $2 million for the first time. So what is driving the surge? Realtors say low inventory is the key issue.
Source: KTVU - 🏆 465. / 53 Read more »

Santa Clara County DA, public defender forewarn trouble from proposed budget cutsThe South Bay’s top prosecutor and chief public defender object to staffing cuts meant to help close the county’s $251 million deficit.
Source: mercnews - 🏆 88. / 68 Read more »

New law proposed to remove homeless encampments from creeks in San Jose, Santa Clara CountySanta Clara Valley Water District says toxic chemicals, human waste, illegal structures are creating environmental hazards
Source: mercnews - 🏆 88. / 68 Read more »

New public health center to come to Gilroy, expanding services to southern Santa Clara CountyA new public health center is coming to Gilroy next year, offering a slate of free services, including wellness classes and assistance applying for insurance, to a historically underserved region o…
Source: mercnews - 🏆 88. / 68 Read more »

Former Santa Clara County sheriff candidate convicted of perjuryAnh Colton falsely declared on candidate forms that she had mandated law-enforcement experience and credentials to run for office.
Source: mercnews - 🏆 88. / 68 Read more »