Where the market is heading matters as much as where it’s been. Supply and demand, buyer confidence, interest rates, loan availability, and how much competition you’re up against all move the number, and none of it holds still.
The market is also seasonal, especially here in Silicon Valley where school calendars drive a lot of moving decisions:
- Late January to late February: buyers start looking again after the holidays.
- March to May: usually the strongest window, timed to enrollment for the next school year.
- June to August: things slow as families travel over summer.
- September to October: a second wave as buyers get back from vacation and want to be in before year-end.
- November to January: the slowest stretch, fewer sellers, and the buyers still looking are usually hoping for a deal.
Your price comes from weighing that seasonal pattern against what’s actually happening in the market right now. List too high and you risk missing the early excitement and having to chase the market down later; price it right and you get the most showings and the strongest activity in the first weeks on market.