Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Fri Dec 01 2023
This week the median list price for Santa Clara, CA is $1,799,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has decreased to 27. 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

Fri Dec 01 2023
This week the median list price for Santa Clara, CA is $1,799,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has decreased to 27. 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 $1,799,000
Median Price of New Listings $1,769,000
Per Square Foot $1,128
Average Days on Market 213
Median Days on Market 28
Price Decreased 15%
Price Increased 0%
Relisted 4%
Inventory 27
Median Rent
Market Action 74
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
$2,247,500 1,497 8,000 - 10,000 sqft 3 2.3 69 2 2 80
$1,899,950 1,860 4,500 - 6,500 sqft 4 3 62 1 2 21
$1,600,000 1,457 6,500 - 8,000 sqft 4 2 67 2 2 21
$1,498,000 1,166 4,500 - 6,500 sqft 3 2 69 1 5 35