If you’ve driven through North Santa Clara lately, you’ve probably noticed the cranes, the fresh construction, and the buzz. Between big new developments and fewer bidding wars, the local housing market is shifting. Let’s talk about what that means if you’re thinking about buying, selling, or just keeping an eye on your home value.
Big changes near Levi’s Stadium
There’s a new neighborhood coming to life near Levi’s Stadium that could totally reshape Santa Clara’s north end. It’s called Clara Junction. Over 1,500 new homes, walkable streets, shops, and public spaces are on the way. Some will be affordable housing, others will be luxury senior living, and all of it is designed to be transit-friendly.
This kind of development brings a lot of attention and momentum to the area. It also gives buyers more options and adds long-term value for nearby homeowners.
The market is still active, just not overheated
After a few years of wild bidding wars, things have calmed down a bit. Homes are still selling fast, but buyers are seeing less competition. Instead of 15 offers on day one, sellers are seeing more like three or four solid ones.
The median price for Santa Clara County homes has dipped slightly from its peak, but not by much. It’s more like a healthy pause than a slowdown. And in luxury markets nearby, like Palo Alto and Los Altos, homes are still flying off the market with sky-high price tags.
What this means for you
If you’re a buyer, now might be your chance to get in without as much pressure. If you’re a seller, it’s still a strong market, but pricing strategy matters more than ever. And if you’re a homeowner in Santa Clara, this is a great time to check in on what your home might be worth with so many changes happening nearby.
Want to talk about the market in your neighborhood?
Text or call me anytime. I’ll break it down for you without the fluff.