This video tracks how the housing market has changed from 2019 to 2022. The video only tracks Santa Clara County for both Single Family Homes and Condos/Townhouses.
As you can see from the graphs, home prices have had a steady increase over the years. Yes, there have been dips in the market, but then the market recovers.
Homes prices have come down, so if you are thinking of buying, there is no time like the present. Buying a home is a long-term investment.