Mary Pope-Handy's Market Report

Santa Clara, CA 95051

Condos/Townhomes

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 $749,000 with the market action index hovering around 65. This is an increase over last month's market action index of 62. Inventory has decreased to 9. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Santa Clara, CA 95051

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95051 is $749,000 with the market action index hovering around 65. This is an increase over last month's market action index of 62. Inventory has decreased to 9. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $749,000
Median Price of New Listings $799,000
Per Square Foot $679
Average Days on Market 74
Median Days on Market 35
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent $2,920
Market Action 65
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,183,000 1,369 0 - 4,500 sqft 2 3 19 1 0 21
$849,500 1,249 0 - 4,500 sqft 2 2 38 1 0 35
$737,000 1,065 0 - 4,500 sqft 2 2 44 1 0 17
$660,000 984 0 - 4,500 sqft 2 2 49 1 2 252