Santa Clara County home values on the rise

Single family home values increased an average of 18.5 percent and average condo prices increased 19.4 percent from December 2013 to December 2014. This according to MLSListings statistics covering Santa Clara County.

The average sales price for a single family home was $1,209,888, up from $986,162 year over year in December. The average sales price for a condo was $618,216 up from $498,299 during this same period.

Average time on the market for single family homes and condos in the county also remains at 35 days or less.

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Home price rising