Part Art. Part Science. Kapowich Excels at Negotiations 


Realtor® Pat Kapowich 


 Local, State and National Real Estate Trends


Silicon Valley Real Estate Market Analysis


 January | 2024 | Updated Monthly

  •   Silicon Valley Real Estate Trends
  •   Silicon Valley aka Santa Clara Valley and Santa Clara County
  • Median Sale Price In Home Sales: $1.710,440 +11.8% Chg. YTY
  • Price Per Square Foot of Single-Family Homes: $1,017 (Jan/2023 $917.00)
  • Sales to List Price Ratio: 101.1% (Jan/2023 96.8%) 
  • Median Days on the Real Estate Market: 13 ‘Days on Market’ (DOM) -35% Chg.YTY
  • Percentage of Active Listings with Reduced Prices: 22.0% -11% Chg. YTY
  • Unsold Single-Family Home Inventory: 1.8 Months -28.0% Chg. YTY



California Real Estate Market Snapshot

 January | 2024 | Updated Monthly


  • Median Sale Price In Single-Family Home Sales: $788,940  +5.0% Chg. YTY
  • Median Days on the Real Estate Market: 32 ‘Days on Market’ (DOM) -17.9% Chg. YTY
  • Price Per Square Foot of Single-Family Homes: $386.00 +4.3.% Chg. YTY
  • Unsold Single-Family Home Inventory: 3.2 Months -8.6% Chg.YTY
  • Number of Single-Family Home Sales 256,160: +5.9% Chg. YTY 
  • Sales to List Price Ratio: 98.9% +2.4% Chg. YTY


  • December’s statewide median home price was $819,740, down 0.3 percent from November and up 6.4 percent from December 2022.
  • December’s statewide median home price was $819,740, down 0.3 percent from November and up 6.4 percent from December 2022.
  • For the year as a whole, statewide home sales were down 24.8 percent.
  •  Source: The California Association of Realtor®


Nationwide Real Estate Trends

December 2023 | Updated Monthly


  •   U.S. National Housing Market Overview
  •   Existing Single-Family Home Activity
  • Existing home sales waned 1.0% in December to a seasonally adjusted annual rate of 3.78 million. Sales faded 6.2% from the previous year. The median existing-home sales price rose 4.4% from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases.
  • On an annual basis, existing home sales (4.09 million) fell to the lowest level in nearly 30 years, while the median price reached a record high of $389,800 in 2023.
  • The inventory of unsold existing homes slumped 11.5% from the previous month to 1 million at the end of December, or the equivalent of 3.2 months' supply at the current monthly sales pace.
  •  Source: The National Association of Realtor®


More than a Realtor®, Pat Kapowich is a steadfast consumer-protection advocate and skilled negotiator dedicated to your real estate interests.    

For additional insights, visit Pat's YouTube channel at, offering valuable knowledge for buyers and sellers.  


Call Pat, Today! (408) 245-7700




Pat's Industry Credentials


Services for Home Sellers

What are the keys to representing home sellers?

Learn More

Welcome to Special Circumstances Success

with Pat Kapowich 

Pat has successfully represented successor trustees to court receivers and brokered foreclosures, short sales, partition  actions, and probates.

Learn More

Services for Homebuyers

The 12 Keys to Representing Homebuyers.

Learn more

Matching Realtors® with Consumers

Pat will match the Right Agent for you anywhere in the country.

Learn more

"I want to thank you again for the very effective way in which you marketed the properties and saw them through to closing.  You and I both knew early on that we had a challenging task, and you met each hurdle with aplomb, professionalism and a wise head."_


Gregory Sterling


Court-appointed Receiver


How can Pat Kapowich help you?

  • He successfully guided returning clients through every type of real estate market.
  • His seller clients experienced his career-long results through every imaginable market cycle, a median of just nine days on the market for single-family homes and eight days for condo/townhome listings, which mirrors his mastery of market cycles and strategic, client-focused methodology.

Part art. Part science. Kapowich excels at negotiations.



Read My Story