DRE 01378770 . Over 60% signifies very high demand, or as it climbs, extremely high demand. Patch national staffer Dan Hampton contributed to this report. âYour Supervisor is Susan Ellenberg of District 4. âYour supervisor is Joe Simitian of District 5. More than one in five Santa Clara County households — 22.4% — earns over $200,000 annually, more than triple the national share. Your Supervisor is Mike Wasserman of District 1. âYour supervisor is Cindy Chavez of District 2. The average life expectancy in the county of 82.7 years is more than four years longer than the national average. As mentioned before, recent jumps in median house prices have been driven not only by appreciation in fair market values, but by large increases in expensive home sales. Following is a series of analyses that look at city sales volumes and median sales prices, luxury home sales, listings for sale, and a few standard measurements of supply and demand. We suspect late Q4 will see a slowdown, but remain more active than in past years. | Site Designed & Maintained by Intersect.Marketing, Santa Clara County Home Prices, Market Trends November 2020 Report, Site Designed & Maintained by Intersect.Marketing. This high level of income allows residents to obtain a better level of health care, as well as make healthier lifestyle and food decision. Selling homes considerably faster and for more money than the competition. Learn more about the current County risk level. (Bay Area condo markets have not seen comparable increases in prices.). The market typically starts a big slowdown in mid-November, running through the mid-winter holidays, until it begins to wake up in mid-January: New listings and sales plummet, and listings pulled off the market soar. Affluent buyers have made up a significantly larger percentage of Bay Area home purchases since the pandemic hit. That's about $5,000 more than what the typical Arizona household earns. The Master Salary Ordinance is a document detailing the number of positions by Budget Unit. Find a range of public services and opportunities that enhance the quality of life. Santa Clara County, CA (Median household income: $102,191) It contains San Jose, California’s third-largest city, and the Santa Clara Valley also known as Silicon Valley. Regarding the next chart: Percentages of 50% or more would typically be considered to reflect a high-demand market. The county is home to San Jose and the surrounding Silicon Valley area, which has provided many of its residents with high-paying tech jobs. BRAD LE REALTOR® . Meanwhile, Arizona's Maricopa County earned the lowest amount out of all the wealthiest counties at $58,580. Request birth, death records, or marriage licenses, Apply for job opportunities with the County of Santa Clara, Be an active volunteer and serve the needs around the County, Search Board Meeting Agendas, Videos, and Minutes, Community Resources for Youth, Families and Individuals Impacted by COVID-19, Surveillance-Technology and Community-Safety Ordinance, Current Board Agendas, Minutes, and Webcasts, Lesbian, Gay, Bisexual, Transgender, Queer Affairs. Visit our website for more cold weather safety tips. Moreover, many of those jobs are high-skilled — and high-paying. Annual percentage changes in median house sales price: The 2020 YTD percentage will almost certainly change, one way or another, by the time full-year sales data is in. For the same household size the median income at the extremely low level is $43,900, very-low is $73,150, low-income is $103,900 and moderate-income is $157,700. As with the median household income data, 2020 family income data for Santa Clara County will be released in September of 2021. Data from a Stanford University computer model suggested that restaurants and gyms were COVID-19 "superspreader" sites. This year, the pandemic upended seasonality: Spring, usually the strongest selling season, saw a crash in activity; summer, which typically slows down – especially for luxury home sales – saw extremely high demand, particularly at the high end; and the heated summer market ran right into autumn, with most county markets generally unfazed by the terrible fires. Your supervisor isÂ Dave Cortese of District 3.Â. Interestingly, Maricopa County is actually the only Arizona county that earns more than the national median of $58,580. What does it mean for the County of Santa Clara? View and Pay Your Property Taxes by December 10th to avoid penalties and feesâeCheck payment is free! The Wall Street Journal’s Top 200 Realtors in the U.S. © Copyright 2020 Brad Le. County Services Impacted by COVID-19 View comprehensive list of meetings and departments affected by COVID-19 Pay Property Taxes Look up and pay your property taxes online Social Services Find a range of public services and opportunities that enhance the quality of life.