Average Home Prices in Different SF Bay Area Neighborhoods (Santa Clara County – October 2025)
By Rasneet Kaur, Bay Area Realtor®, Christie's International Real Estate Sereno
The Santa Clara County housing market in October 2025 is a fascinating mix of strength, correction, and micro-market nuance. As a Realtor® working daily across Los Altos, Cupertino, Saratoga, Palo Alto, Mountain View, and surrounding areas, I rely on precise data to guide my buyers and sellers — and the latest Aculist numbers reveal some powerful insights.
Here's a clear breakdown of how different cities performed this year, and what these trends mean for your real estate decisions.
Cities With the Highest Price Growth in 2025
Some cities surged dramatically, driven by strong demand and limited inventory:
Alviso – Up 33% YoY
Median sale price jumped from $948,000 to $1,260,000.
This is the strongest growth in the county, highlighting how first-time buyer markets are accelerating.
Milpitas – Up 27% YoY
Median sale price rose from $1.4M to $1.771M.
A popular choice for affordability + access to major tech corridors.
Los Altos – Up 19% YoY
Now at a median of $5.15M, up from $4.33M last year.
This demonstrates how premium school districts and luxury demand continue to push Los Altos upward.
Los Gatos – Up 11% YoY
Median sales rose from $2.887M to $3.2M.
A sought-after blend of luxury, community charm, and scenic neighborhoods.
Cupertino – Up 9% YoY
From $3.3M to $3.585M.
Apple-driven demand and top-rated schools keep Cupertino consistently competitive.
Santa Clara, Sunnyvale, Morgan Hill, Mountain View – Up 4–7% YoY
These balanced markets continue steady appreciation.
Cities With Price Declines in 2025
A correction doesn't mean weakness — often, it reflects ultra-luxury segments where even a few high-end closings can shift percentages.
Monte Sereno – Down 38%
Median sale price dropped from $6.75M to $4.2M.
This is a micro-market with very few sales — one $10M+ sale last year can skew YoY trends dramatically.
San Martin – Down 33%
Declined from $2.44M to $1.63M.
Los Altos Hills – Down 12%
From $5.2M to $4.57M.
This market remains ultra-luxury with estate-level properties. Price swings here often reflect sample size, not actual demand.
Palo Alto – Down 2% YoY
From $3.85M to $3.758M.
Still one of Silicon Valley's most stable and prestigious markets.
Gilroy, Campbell, San Jose, Saratoga – Down 1–5% YoY
These small dips signal rebalancing, not weakness.
Market Trends (Aculist – October 2025)
Trend 1 – Prices Remain Strong
Single-family homes held their value even during the seasonal Sept–Oct softening.
Common interest properties (condos, townhomes) saw a second straight month of rising median prices.
Trend 2 – Closed Sales Increased
We typically see an October bump, but this year the increase was especially strong for single-family homes and even more noticeable for common-interest housing — the strongest in five years.
Trend 3 – Demand Is Not Slowing Down
Despite entering Q4:
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Days on Market decreased
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Sale-to-List Price ratios increased or stayed the same
This indicates a motivated buyer pool and tight inventory.
Final Thoughts from Rasneet Kaur
Santa Clara County in 2025 is not a "buyer" or "seller" market — it's a micro-market where every city behaves differently. Whether values are rising (like Los Altos, Cupertino, Milpitas) or rebalancing (like Los Altos Hills, Palo Alto), the key is understanding why.
As your Realtor®, I don't just track the numbers — I interpret them, align them with your goals, and guide you with precision. The right data leads to the right decisions, and I'm here to help you make the strongest possible move in this dynamic 2025 market.
