May Silicon Valley Market Update

Aerial view of a suburban neighborhood, with water and mountains in the distance.

Curious what’s happening in the Silicon Valley real estate market?

The short answer: the market is still competitive, but it is becoming more selective.

Well-positioned homes are still moving quickly. Prices remain strong. Buyers are still active. But not every home is getting the same result.

One of the most important numbers this month is the gap between:

Sold homes: moving in about 9 days
Active listings: averaging closer to 35 days on market

That difference tells us a lot.

The homes that are priced, prepared, and positioned correctly are still moving fast. Homes that miss the mark may sit longer than sellers expect.

Watch Linda’s quick May Silicon Valley Market Update: In this month’s video, Linda explains one of the most revealing local stats: why sold homes are moving in about 9 days, while active listings are sitting much longer.

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