Intero Market Report

Santa Clara, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Santa Clara, CA

Sun Jul 14 2024
This week the median list price for Santa Clara, CA is $1,799,997 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 36. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Sun Jul 14 2024
This week the median list price for Santa Clara, CA is $1,799,997 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 36. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $1,799,997
Median Price of New Listings $1,795,000
Per Square Foot $1,203
Average Days on Market 172
Median Days on Market 25
Price Decreased 14%
Price Increased 8%
Relisted 3%
Inventory 36
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
$2,499,888 2,020 4,500 - 6,500 sqft 4 2 68 0 2 21
$1,988,000 1,854 4,500 - 6,500 sqft 4 2 65 2 1 35
$1,685,000 1,321 4,500 - 6,500 sqft 3 2 69 2 4 28
$1,489,000 1,199 4,500 - 6,500 sqft 3 2 70 1 2 7