Intero Market Report

Santa Clara, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Santa Clara, CA

Tue Jul 05 2022
This week the median list price for Santa Clara, CA is $1,695,000 with the market action index hovering around 76. This is less than last month's market action index of 81. Inventory has increased to 47. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Santa Clara, CA

Tue Jul 05 2022
This week the median list price for Santa Clara, CA is $1,695,000 with the market action index hovering around 76. This is less than last month's market action index of 81. Inventory has increased to 47. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,695,000
Median Price of New Listings $1,629,000
Per Square Foot $1,048
Average Days on Market 157
Median Days on Market 35
Price Decreased 26%
Price Increased 17%
Relisted 13%
Inventory 47
Median Rent
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
$2,050,000 1,860 4,500 - 6,500 sqft 4 3 61 3 3 49
$1,738,500 1,602 4,500 - 6,500 sqft 4 2 63 5 6 21
$1,530,000 1,543 4,500 - 6,500 sqft 3 2 66 3 4 24
$1,299,499 1,196 4,500 - 6,500 sqft 3 2 58 5 4 38