Santa Clara County Market Stats — October 2026

October 2026 brought a seasonal moderation to Santa Clara County's housing market, with the median sale price settling at $1.88 million — slightly below September's $1.92M — as new listings fell to 1,043 and the market entered its typical pre-holiday slowdown. Despite the dip, 671 closed sales and a 24-day average time to sell confirm that the market remains active and healthy.

Seasonal Slowdown or Buying Opportunity?

The drop in new listings to 1,043 — down from 1,187 in September — is a normal seasonal pattern as sellers pull back ahead of the holidays. For buyers, this creates a nuanced opportunity: less competition from other buyers, but also fewer choices. Homes that are priced correctly and in good condition are still selling quickly.

The 671 closed sales represent a healthy transaction volume for October, suggesting that motivated buyers and sellers are still finding each other despite the seasonal headwinds.

Looking Ahead to Q4 2026

November and December typically see reduced activity, but 2026's strong tech employment base and continued low inventory suggest the market will remain resilient through year-end. Sellers who list in November often face less competition and attract highly motivated buyers who need to close before year-end for tax or relocation reasons.

For buyers, the window between now and the spring surge is one of the best times to negotiate — sellers are more flexible, and you're competing against fewer offers.