The Peninsula real estate market saw growth across nearly all market indicators in January compared to last year. Santa Clara County’s closed sales were up 46%, and San Mateo’s were up 35%.
Both San Mateo County and Santa Clara County had an increase in median sale price over January 2020. For the first time ever in January, sales volume for single-family homes in Santa Clara county topped $1 billion, a 64% increase over the prior year. San Mateo was up by 46%.
And, the days on the market (DOM) trend was broken this year. In January, homes came off the market in 18 days or less. Santa Clara’s median DOM dropped to 9 days in January.
Market Snapshot – January 2021 vs. January 2020
San Mateo Single-Family Homes
Inventory up 28%
New listings up 33%
Closed sales up 35%
Days on the market down 33%
Median price up 13%
San Mateo Condos/Townhouses
Inventory up 95%
New listings up 52%
Closed sales up 24%
Days on the market up 9%
Median price down -1%
Santa Clara Single-Family Homes
Inventory up 26%
New listings up 33%
Closed sales up 46%
Days on the market down -57%
Median price up 15%
Santa Clara Condos/Townhouses
Inventory up 73%
New listings up 46%
Closed sales up 29%
Days on the market down -31%
Median price up 7%
More Helpful Articles
Glow Into the New Year With the Exploratorium
Holiday lights may be coming to an end, but you can still light up the new year with Glow at the Exploratorium! Running through January 25th, Glow is a series of eight immersive light art exhibits. Each exhibit has been designed by a different artist and provides a...
Gingerbread Cookies—Tips and Recipe
Gingerbread cookies are a holiday staple, but many of us find the process of making them tedious and frustrating. Don’t give up on these holiday treats! Below are some tips to take the headaches out of making gingerbread cookies, as well as a favorite recipe. Bon...
Holiday Outdoor Ice Skating
Outdoor ice skating is a great way to take a break from the holiday hustle. These outdoor ice rinks make for a fun outing for kids and adults. Union Square Ice RinkNovember 5, 2025, through January 19, 2026Daily 10:00am-11:00pm333 Post St.San Francisco, CAOutdoor...
Recent Comments