I’m Keith Walker, and my goal is to help you cut through the noise and understand what’s really happening in today’s Silicon Valley real estate market.
Whether you’re a buyer, seller, or simply keeping an eye on trends, here’s what you need to know.
Despite global headlines about elevated rates, tariffs, and economic concerns, the local data in Silicon Valley remains strong and healthy.
Here’s what’s really happening:
Mortgage purchase applications are surging—up double digits year over year in the past two weeks.
The stock market is bouncing back, boosting buyer confidence and down payments.
New construction permits are slowing, reducing future competition for existing homes.
Active inventory is growing, giving buyers more choice—without a flood of panicked sellers.
Price growth is moderating, which helps maintain a sustainable market and avoid corrections.
Here’s how the numbers stack up for May 2025:
Inventory: Up 2.1%, mainly in the condo and townhome market.
Pending Sales: Up 3.7% overall
Single-family homes: +6%
Condos/townhomes: -1.3%
Average Days on Market: Steady at 14 days—still moving fast.
Single-Family Home Prices: Averaging $2,458,565 and still appreciating.
Townhome & Condo Prices: Down for the second month, but up since January.
No doom and gloom—just balanced market data.
Don’t be surprised if the spring market rolls right into the summer and fall this year.
More fresh inventory and more sales numbers ahead.
We’ve seen it before in this valley—and it pays to be ready.
Have questions or want to dig into the data for your neighborhood? Reach out—I’m here to help.
📩 Drop your questions below, subscribe for updates, or contact me directly.
I’m Keith Walker—here to educate and navigate, not speculate and fabricate.
Let’s make smart moves together!