Home prices in Santa Clara County shoot up

Santa Clara County median home price surges past $1 million – Data firm CoreLogic reports the median price of a home in santa clara county vaulted 27.8 percent since February 2017 and broke into the seven figures, landing at $1.08 million in February.

Home sales in Santa Clara. County. The sales drop may have been even worse, according to CoreLogic analyst Andrew LePage, but for “a significant drop in mortgage rates that began in December,

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Rising mortgage rates and skimpier tax benefits haven’t slowed Bay Area home prices yet, especially in Santa Clara County, where the median price surpassed $1 million for the first time last month.

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Santa Clara County’s notoriously tight housing market loosened a bit in March but far from enough to slow the rapid rise in home prices, which soared a third year-over-year. Business One News Page: Tuesday, 24 April 2018

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