Sales in the Santa Clara County market hit their lowest level since April. For the prior 30-day period, there were 1,200 homes sold, a decrease of 4.5%. During the same time frame, Alameda County had the most of any other neighboring county with 1,107 sales. A months of inventory number of one reported this week continued a four-week downward trend, even with the weak sales numbers in the area. With inventory so low in Santa Clara County, it's still a solid seller's market, despite the shrinking sales numbers.
If you have a tight budget for your next home, begin the search with these low-cost listings in Santa Clara County: