San Martin• Updated
Market Pulse: Balanced ⚖️
San Martin is currently a Balanced Market. Homes are retaining 98% of their value (Sale Price to List Price Ratio). With 8 active listings and 4 closed sales this month, inventory remains at 3.7 months of supply. Trends over the last half-year show median values moving up by 47%, while Average Days on Market has increased by 5%. Transaction speed is currently 4 days slower than the broader Santa Clara benchmark.
Property Type Spotlight
Detached Homes
Entry Level Detached Home Market Trends Median Price Market Trend The average price in the Entry Level Detached Home segment has risen by 7% over the last 5 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Detached Home is decreasing, with homes now staying on market for 35 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 103%.
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Mid-Market Detached Home Market Trends Median Price Market Trend The average price in the Mid-Market Detached Home segment has risen by 14% over the last 4 months. Days On Market Avg. Market Trend Lower is better Average days on market for Mid-Market Detached Home properties has held consistent over the last 4 months at 98 days. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 94%.
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Active Inventory Overview
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Total |
|---|---|---|---|---|
| Detached Home | 2 | 4 | 1 | 7 |
| Multi-Family (2-4 Unit) | 1 | — | — | 1 |
Market Insights & FAQ
How is the real estate market in San Martin performing right now?
The data indicates a active environment in San Martin. Inventory is at 3.7 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
What are the current pricing trends for San Martin real estate?
Currently, $2,558,000 represents the median entry point for San Martin. Over the past half-year, values have moved upward by approximately 47% based on regional transaction data.
Are sellers in San Martin getting their full asking price?
Buyers have room for negotiation in San Martin, with a Sale Price to List Price Ratio of 98.4%. On average, properties are transitioning from active to sold status in 56 days.
How does the San Martin market compare to Santa Clara trends?
San Martin maintains a distinct profile within the broader Santa Clara region. Median home values are currently 2% higher than the regional average, reflecting the unique demand and inventory dynamics of this specific location.
Who is a top listing agent for Entry Level Detached Home homes in San Martin?
If you're selling a Entry Level Detached Home in San Martin, the data points to Rigo Bracamontes as a standout choice. Their Entry Level Detached Home closings in San Martin show an above-average sale-to-list ratio for this segment — a sign of skilled pricing and negotiation that protects seller value.
Which agent is best for buying a Entry Level Detached Home in San Martin?
Our data flags Erin Sorensen as a top buyer's advocate for Entry Level Detached Home properties in San Martin. Across their deals in the Entry Level Detached Home category, Erin Sorensen has consistently achieved better-than-average terms relative to asking price in San Martin. That kind of negotiating edge compounds over a transaction.
Which agent is best for buying a Mid-Market Detached Home in San Martin?
If you're hunting for a Mid-Market Detached Home in San Martin, Gregg Ann Herrern's track record speaks for itself. Buying effectively in this segment means knowing when and how hard to push. Their track record here shows they regularly outperform the local sale-to-list benchmark — in the buyer's favor.
Which agent is best for buying a High-End Detached Home in San Martin?
Among agents actively helping buyers in the High-End Detached Home space, Karen Nelsen stands out in San Martin. Their buyer transactions in the High-End Detached Home category in San Martin reflect genuine niche experience — a meaningful advantage over agents working this segment only occasionally.
Who is a top listing agent for Mid-Market Detached Home homes in San Martin?
When looking specifically at Mid-Market Detached Home transactions, Denise Myrick consistently surfaces as a top performer in San Martin. The data points to a dual edge here: shorter time on market than is typical for this segment, and sale prices that hold closer to — or above — the asking price compared to local norms.
Who is a top listing agent for High-End Detached Home homes in San Martin?
Sellers of High-End Detached Home homes in San Martin have found a reliable partner in Joanne McPhee, based on closed deal data. Real estate is hyper-local. Joanne McPhee's repeated activity in San Martin's High-End Detached Home niche demonstrates the kind of specific, proven familiarity that matters when the stakes are high.