Mary Pope-Handy's Market Report

Santa Clara, CA 95051

Single-Family Homes

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



Santa Clara, CA 95051

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95051 is $1,595,000 with the market action index hovering around 87. This is less than last month's market action index of 93. Inventory has held steady at or around 8. 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 95051

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95051 is $1,595,000 with the market action index hovering around 87. This is less than last month's market action index of 93. Inventory has held steady at or around 8. 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 $1,595,000
Median Price of New Listings $1,744,950
Per Square Foot $916
Average Days on Market 123
Median Days on Market 4
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent $3,450
Market Action 87
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,943,950 1,791 4,500 - 6,500 sqft 3 2.5 34 2 1 0
$1,725,000 1,785 4,500 - 6,500 sqft 4 2.5 65 0 2 21
$1,545,000 1,743 0 - 4,500 sqft 3 4 12 1 0 469
$1,099,475 1,218 0 - 4,500 sqft 3 2 41 1 0 3