Blog > Where Santa Clara Homes Sell Over Asking: By Price Range and Size (2026)

Where Santa Clara Homes Sell Over Asking: By Price Range and Size (2026)

by Eric & Janelle Boyenga

Do Santa Clara homes still sell over asking? In the last 12 months, the typical Santa Clara house closed 5.1% over asking, and 71% sold for more than their list price. That’s against 7.1% over asking the year before. But it depends on the price and the size: over the last 24 months, houses $3M and up were bid up the most (12.7% over asking), and houses at $1M–$1.5M the least (at asking). Here’s every range. We’re the Property Nerds, so the numbers come from real sales.

The short answer

Houses, last 12 months: typical sale 5.1% over asking; 71% sold over asking. The year before: 7.1% over asking, 74% over.
Hottest price range: $3M and up, typical sale 12.7% over asking, 92% over asking.
Hottest size: 2,500–3,000 sq ft, typical sale 6.8% over asking.
Condos and townhomes, last 12 months: typical sale at asking; 49% over asking.

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By price range

House sales in the last 24 months (October 28, 2024 to October 27, 2026). “Typical sale” is the median of sale price against list price.

Price range	Sales	Typical sale	Sold over asking	Median price	Living area
$1M–$1.5M	94	at asking	49%	$1.33M	1,100 sq ft
$1.5M–$2M	305	3.1% over asking	65%	$1.75M	1,350 sq ft
$2M–$2.5M	236	9.3% over asking	80%	$2.22M	1,630 sq ft
$2.5M–$3M	130	12.2% over asking	89%	$2.65M	1,770 sq ft
$3M and up	36	12.7% over asking	92%	$3.3M	2,470 sq ft

By house size

House sales in the last 24 months (October 28, 2024 to October 27, 2026):

Living area	Sales	Typical sale	Sold over asking	Median price
Under 1,500 sq ft	385	5.9% over asking	75%	$1.76M
1,500–2,000 sq ft	275	5.6% over asking	73%	$2.1M
2,000–2,500 sq ft	104	6% over asking	66%	$2.4M
2,500–3,000 sq ft	35	6.8% over asking	69%	$2.8M

This year against last year

	Last 12 months	The 12 months before
Houses: typical sale	5.1% over asking	7.1% over asking
Houses: sold over asking	71%	74%
Houses: median price	$1.97M	$2.02M
Condos and townhomes: typical sale	at asking	at asking
Condos and townhomes: sold over asking	49%	51%

What it means for pricing

Over asking isn’t the same as overpaying. Many sellers here list a little under where they expect to land, so a sale over asking can still be at market value.
Read the range you’re in. Houses $3M and up and houses at $1M–$1.5M face different buyers and different competition.
Buyers: use the “typical sale” for your range and size as a starting point, then look at the last few sales on the street.
Sellers: strategy matters as much as the number. See how much over asking homes sell for and our over-asking tool.

Santa Clara against nearby cities

The last 12 months (October 28, 2025 to October 27, 2026), against the 12 months before.

City	Typical house sale	Houses over asking	Year before	Condos and townhomes
Los Altos	5.1% over asking	72%	4.2% over asking	1.9% under asking
Palo Alto	5.7% over asking	69%	3.7% over asking	at asking
Sunnyvale	7.4% over asking	77%	9.3% over asking	0.1% over asking
Cupertino	3.5% over asking	72%	7.6% over asking	1.4% under asking
Santa Clara	5.1% over asking	71%	7.1% over asking	at asking
Los Gatos	0.7% under asking	39%	0.5% under asking	0.4% under asking
Saratoga	0.9% over asking	56%	2.6% over asking	0.1% under asking

Condos and townhomes by price

Condo and townhome sales in the last 24 months (October 28, 2024 to October 27, 2026):

Price range	Sales	Typical sale	Sold over asking	Living area
$250K–$500K	55	1.3% under asking	27%	680 sq ft
$500K–$750K	116	1.1% under asking	27%	960 sq ft
$750K–$1M	91	at asking	52%	1,150 sq ft
$1M–$1.25M	68	1.9% over asking	69%	1,430 sq ft
$1.25M–$1.5M	94	0.2% over asking	53%	1,590 sq ft
$1.5M–$1.75M	61	3.8% over asking	77%	1,720 sq ft
$1.75M and up	22	4.5% over asking	77%	1,920 sq ft

Questions we get

Do Santa Clara homes sell over asking?

Houses: 71% sold over list price in the last 12 months, and the typical one closed 5.1% over asking. Condos and townhomes: 49% over, typically at asking.

Which Santa Clara homes get the most offers over asking?

By price, houses $3M and up (12.7% over asking typical). By size, 2,500–3,000 sq ft (6.8% over asking).

Is the market cooler than last year?

For Santa Clara houses, the typical sale went from 7.1% over asking to 5.1% over asking, and the median price from $2.02M to $1.97M.

How we counted

Closed sales reported to the MLS and read through the IDX feeds that power our home search, one record per sale with a usable living area and map position, the same rules as our city price posts. Houses are MLS property type “single family home”; condos include townhomes. Sale price is compared with the final list price, so a home that was cut before selling is measured against its last price. Price and size ranges use the last 24 months (October 28, 2024 to October 27, 2026); the city figures use the last 12 months (October 28, 2025 to October 27, 2026) and the 12 months before. Past sales aren’t a forecast or the value of any one home, and nothing here is financial, tax or legal advice.

Go deeper

where Santa Clara homes sell over asking, neighborhood by neighborhood, the best month to sell in Santa Clara and the home features that start bidding wars.

More Santa Clara numbers from the Property Nerds

Talk to a Property Nerd

We’re the Property Nerds at Compass, recognized as NextGenAgents by a national real estate portal. We’ll pull the sales that matter for your home and your plans, and walk you through what they mean. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.