Mary Pope-Handy's Market Report

Santa Clara, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Santa Clara, CA

Sat Jul 04 2020
This week the median list price for Santa Clara, CA is $1,529,950 with the market action index hovering around 53. This is less than last month's market action index of 59. Inventory has held steady at or around 57. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Santa Clara, CA

Sat Jul 04 2020
This week the median list price for Santa Clara, CA is $1,529,950 with the market action index hovering around 53. This is less than last month's market action index of 59. Inventory has held steady at or around 57. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,529,950
Per Square Foot $898
Days on Market 51
Price Decreased 21%
Price Increased 5%
Relisted 2%
Inventory 57
Median Rent $3,400
Most Expensive $2,383,000
Least Expensive $950,000
Market Action 53
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$1,996,500 2,438 0 - 4,500 sqft 4 3 0 2 3 31
$1,599,975 1,860 6,500 - 8,000 sqft 4 3 62 1 3 31
$1,399,975 1,558 4,500 - 6,500 sqft 4 2 62 4 5 56
$1,150,000 1,166 4,500 - 6,500 sqft 3 2 66 2 1 83