South 101, Santa Clara Housing Market

South 101, Santa Clara Market Snapshot

South 101 still favors sellers, but the market is cooling. Here's where things stand:

Based on 28 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.39M
Down 3.8% from March 2025
Down $56K from March 2025
Homes Sold
28
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,541/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,905
  • Property Tax$1,453
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
4 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
104.0%
Down from 106.0% in March 2025
Selling 4% above asking
% Sold Over Asking
64%
More than half of homes sold above their asking price
Active Listings
23
Down 17.9% from March 2025
About 0.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in South 101.

Median Sale Price
Down 3.8% year-over-year in South 101. Based on 28 sales in the most recent month.
Homes Sold
15% fewer homes sold than a year ago in South 101.
Total Monthly Payment
Estimated monthly cost is down 6% from a year ago in South 101, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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