Luxury Homes Are Selling Surprisingly Fast in a These Cities

California's Silicon Valley, including San Jose, Sunnyvale and Santa Clara, has the fastest-selling luxury homes in the U.S. That might surprise gi...

September 6, 2023
11:56 PM

California's Silicon Valley, including San Jose, Sunnyvale and Santa Clara, has the fastest-selling luxury homes in the U.S. That might surprise given the high-profile layoffs that began rippling through the tech industry last fall and continue to make news as even some AI startups begin to reduce headcounts. Nevertheless, the median luxury home in the San Jose-Sunnyvale-Santa Clara metropolitan area sold in little more than a month—39 days to be exact, and actually two days faster than last year, according to data Realtor.