Mary Pope-Handy's Market Report

Santa Clara, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Santa Clara, CA

Fri Mar 05 2021
This week the median list price for Santa Clara, CA is $1,562,944 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has held steady at or around 26. Click here to stay informed with the Santa Clara market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Santa Clara, CA

Fri Mar 05 2021
This week the median list price for Santa Clara, CA is $1,562,944 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has held steady at or around 26. Click here to stay informed with the Santa Clara market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,562,944
Per Square Foot $979
Days on Market 7
Price Decreased 4%
Price Increased 8%
Relisted 0%
Inventory 26
Median Rent $3,360
Most Expensive $2,255,000
Least Expensive $999,000
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,899,500 2,167 4,500 - 6,500 sqft 4 3 56 2 1 14
$1,611,975 1,747 6,500 - 8,000 sqft 3 2 62 3 1 14
$1,500,000 1,312 6,500 - 8,000 sqft 3 2 67 1 5 7
$1,098,800 1,097 6,500 - 8,000 sqft 3 2 61 3 3 7