As homebuyers enter the Santa Clara County real estate market, they face numerous challenges in finding a property. Elevated mortgage rates, coupled with rising home prices, have put tremendous pressure on buyers’ budgets.

In July, the median price of a single-family home in Santa Clara County was $1,880,000, up 1% from a year ago, while the median price for a condo or townhome was $1,008,000, a 6% increase year-over-year.

It comes as no surprise that in 2025, realtors have cited “affordability” as their clients’ top obstacle, edging out the previous leading hurdle of “difficulty in finding the right property,” according to the National Association of Realtors 2025 Member Profile.

The top home-buying barriers (in order), according to realtors are: • Housing affordability: 25% • Expe

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