Market Report - The Brasil Group

Santa Clara, CA 95050

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95050

Tue May 18 2021
This week the median list price for Santa Clara, CA 95050 is $744,388 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has increased to 12. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Santa Clara, CA 95050

Tue May 18 2021
This week the median list price for Santa Clara, CA 95050 is $744,388 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has increased to 12. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $744,388
Median Price of New Listings $788,888
Per Square Foot $723
Average Days on Market 21
Median Days on Market 18
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $2,395
Market Action 59
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$1,298,000 1,607 0 - 4,500 sqft 3 3 36 1 0 14
$854,894 1,272 0 - 4,500 sqft 2 2 37 1 1 14
$688,000 913 0 - 4,500 sqft 2 2 34 1 0 7
$539,900 716 0 - 4,500 sqft 1 1 34 0 1 21