Santa Clara: Santa Clara Housing Market Update | By Eddie Oberoi and Kamal Thind

Market Statistics

• Active Listings: 76
• Homes Pending: 33
• Homes Sold in January 2026: 35
• Homes Sold in January 2025: 36 (almost matching last year despite tighter inventory)

Demand Is There — Supply Just Hasn't Caught Up

Matching Last Year's Pace With Less Inventory

Even with tighter inventory, Santa Clara nearly matched last January's sales — 35 homes sold versus 36. That's the real story: when a well-priced home hits the market, buyers are jumping on it. Open houses were busy, multiple-offer situations returned, and buyers came back from the holidays with clear intent. The momentum heading into spring is building, and the only thing holding the market back right now is supply.

What's Driving the Santa Clara Market?

Key Market Insights

• Nearly Matching 2025 With Less Inventory: January's 35 sales came in just one short of last year's 36 — impressive given how tight inventory is right now.
• Multiple Offers Are Back: Well-priced homes are generating multiple offers again. Open houses were busy and competitive energy has returned.
• Buyers Are Focused on Fit, Not Rates: Buyers are spending less time timing interest rates and more time finding the right home. When they find it, they move fast.
• Strong Pending Activity: With 33 homes already pending, the pipeline is healthy heading into February and the spring market.
• Supply Is the Only Bottleneck: Momentum is building and demand is clearly there — supply just hasn't caught up yet. That dynamic favors sellers who list now.

Strategic Advice for Buyers and Sellers

For Buyers:

• Be Prepared and Decisive: Multiple offers are back in Santa Clara. The buyers who win are the ones who come prepared with financing, clear criteria, and the ability to act fast.
• Focus on the Right Home, Not the Perfect Rate: The most successful buyers right now aren't waiting to time the market — they're finding the right fit and committing.
• Spring Inventory Is Coming: As more listings come online over the next few months, new opportunities will appear. Stay engaged and positioned to move.
• Local Insight Makes the Difference: In a competitive, low-inventory market, having hyperlocal knowledge of Santa Clara neighborhoods and pricing trends gives you an edge.

For Sellers:

• Pricing and Presentation Is Everything: The homes generating multiple offers are the ones that come to market priced correctly and beautifully presented. There's no shortcut.
• Demand Is Strong — Meet It Now: With buyers actively competing and supply tight, listing now means less competition from other sellers and more attention on your home.
• Multiple Offers Are Achievable: Santa Clara saw multiple-offer situations return in January. With the right strategy, your home can attract competitive bidding.
• Be Proactive, Not Reactive: Spring momentum is building. Listing strategically ahead of the seasonal wave positions you for maximum impact.

Final Thoughts

Santa Clara didn't slow down in January — it picked up right where 2025 left off. With 35 homes sold (nearly matching last year's 36), 33 pending, and multiple offers returning, the market is showing strong momentum heading into spring. The only thing holding it back is supply.

Buyers are focused less on timing rates and more on finding the right home — and when they find it, they're moving fast. For sellers, pricing and presentation remain everything. The homes that are strategy-driven from day one are the ones attracting the strongest offers.

If you're planning a move this year, local insight makes all the difference. Reach out anytime at eddieoberoi.com — let's be proactive this time. We'll see you soon, Santa Clara!