Mary Pope-Handy's Market Report

Santa Clara, CA

Single-Family Homes

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



Santa Clara, CA

Tue May 11 2021
This week the median list price for Santa Clara, CA is $1,499,419 with the market action index hovering around 82. This is an increase over last month's market action index of 77. Inventory has increased to 34. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Santa Clara, CA

Tue May 11 2021
This week the median list price for Santa Clara, CA is $1,499,419 with the market action index hovering around 82. This is an increase over last month's market action index of 77. Inventory has increased to 34. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,499,419
Median Price of New Listings $1,530,000
Per Square Foot $1,057
Average Days on Market 56
Median Days on Market 4
Price Decreased 0%
Price Increased 3%
Relisted 3%
Inventory 34
Median Rent $3,225
Market Action 82
Slight Seller's Advantage

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
$2,229,000 2,211 6,500 - 8,000 sqft 4 3 60 6 5 0
$1,644,000 1,534 4,500 - 6,500 sqft 3 2 64 3 5 14
$1,448,000 1,312 4,500 - 6,500 sqft 3 2 66 5 1 0
$1,248,000 1,288 4,500 - 6,500 sqft 3 2 70 3 5 7