Santa Clara County – Q2 2026 Market Overview

Santa Clara County's housing market remained highly competitive throughout the second quarter, despite a decline in available inventory compared to the same period last year. Buyer demand strengthened during the spring, driving a notable increase in closed sales while median home prices continued to trend upward and remained above $2 million throughout the quarter. Homes took only slightly longer to sell than a year ago, reflecting continued demand even as inventory remained limited. Overall, Q2 highlighted a resilient market characterized by strong sales activity, appreciating home values, and tight housing supply.