July 2022 Market Update

July 2022 Market Update

As we face an economic slowdown, we have no control over a lot of things that impact our business. But what can we control? We can certainly control our confidence and knowledge about the market. 

Santa Clara County shows a decline in new listings, contracts signed, and closed sales compared to last year by 21%, 36%, and 45%, respectively.   

On the other hand, Median sales price was slightly higher compared to July, last year.

Here is our monthly Market Update for July 2022 to keep us on track: