Santa Clara Real Estate Market - What the Numbers Say for Month-Ending February 28, 2026 - By Charm Hartland
Charm Hartland
Saturday, March 14, 2026
The Santa Clara single-family home market remained highly competitive in February 2026, with strong buyer demand continuing to push sale prices well above asking. Here's a snapshot of key metrics compared to the prior month and the same period last year.
| Single Family Homes | February 2026 | January 2026 | February 2025 |
|---|---|---|---|
| Closed Sales | 27 | 20 | 26 |
| Median Sale Price | $2.06M | $2.34M | $2.2M |
| Median Days on Market | 9 | 12 | 7 |
| New Listings | 42 | 38 | 52 |
| Avg % List Price Rec'd | 109% | 108% | 116% |
| Avg Sale $/Sq Ft | $1,400 | $1,465 | $1,406 |
• Sales Activity Picked Up: Closed sales rose to 27 in February, up 35% from 20 in January and slightly above the 26 closings recorded in February 2025.
• Median Price Softened Month-over-Month: The median sale price of $2.06M was down from $2.34M in January but also below the $2.2M recorded a year ago, suggesting some moderation in peak pricing.
• Homes Are Selling Fast: The median days on market came in at just 9 days, an improvement from 12 days in January, though slightly above the 7-day pace seen in February 2025.
• More Inventory Coming to Market: New listings increased to 42, up from 38 in January, though still below the 52 new listings seen in February 2025.
• Buyers Continue to Compete Above List: Homes averaged 109% of list price received — above January's 108%, though below the 116% seen a year ago. Overbidding remains the norm.
• Price per Sq Ft Holding Steady: At $1,400/sq ft, values are closely in line with the $1,406/sq ft from February 2025, indicating stable underlying value despite some headline price fluctuation.
Bottom Line
Santa Clara continues to be a seller's market. Homes are moving quickly, routinely selling over asking price, and inventory remains tight. Whether you're buying or selling, navigating this market requires strategy and local expertise — and that's exactly what I bring to every transaction.
| Schedule a Free Consultation Whether you're thinking about buying, selling, or just want to know what your home is worth — I'm here to help. 408-712-3932 Charm@HartlandTeam.com www.hartlandteam.com |
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