Santa Clara County Weekly Market Report

A weekly snapshot of Santa Clara County real estate activity, including new listings, pending sales, closed sales, and price reductions. Updated every Monday to help buyers, sellers, and homeowners understand where the local market is moving.

276

New Listings
216

Pending Sales
214

Closed Sales
135

Price Reductions

What this means this week:

This week’s Santa Clara County Market Update
Week ending 11/2/2026

New listings fell 21% to 276, a seventh consecutive weekly decline. Pending sales fell 8% to 216, closings eased 3% to 214, and price reductions declined 13% to 135.

Fewer new listings narrowed the gap with pending sales from 113 to 60. Competition still varies by neighborhood, price range, and property type.

Single-family homes
New listings fell 13% to 211, and pending sales declined 13% to 146. Closings rose 7% to 154, while price reductions eased from 105 to 100.

For buyers: Fewer fresh listings mean fewer new choices. Use each home’s pricing, condition, and time on market to assess negotiating room.

For sellers: Fewer new listings may reduce fresh competition, but 100 price reductions underscore the need to price against current alternatives and recent comparable sales.

Condos

New listings fell 36% to 37, while pending sales declined 21% to 33. Closings rose 9% to 37 and price reductions fell from 28 to 23.

Townhomes

New listings fell 42% to 28, while pending sales rose 42% to 37. Closings declined from 42 to 23, and price reductions fell from 23 to 12.

Townhomes were the only property type with increased pending activity this week. More went under contract than came onto the market. Small weekly counts can create large percentage changes, so we’ll watch whether this pattern continues.

What this means for buyers and sellers

For buyers: Fewer new listings make it useful to revisit homes already on the market. Compare pricing, condition, time on market, and total ownership costs.

For condos and townhomes, review HOA finances and disclosures carefully. Townhome contract activity picked up this week, so have your financing and priorities clear when a suitable home appears.

For sellers: Fewer new listings may reduce fresh competition, but pending activity also slowed in single-family homes and condos. Price against current alternatives and recent comparable sales.

Stronger townhome activity is encouraging, but one week does not establish a trend. Clear disclosures and thoughtful presentation help buyers assess your home with confidence.

THE TAKEAWAY

Fewer new listings brought fresh supply closer to contract activity this week. Townhome pending sales increased, while single-family and condo pending sales declined. What this means for your plans depends on your neighborhood, price range, and property type.

If a move is on your horizon, we’re happy to help you understand what these numbers mean for your home or the area you’re considering.

Data note: This weekly snapshot is based on Santa Clara County MLS activity using the most recent information available when the report is updated. Pending activity includes contingent and pending status changes. Market data may change as listings are updated, corrected, or finalized. All information is deemed reliable but not guaranteed.