Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Sun Jan 29 2023
This week the median list price for Santa Clara, CA is $1,733,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 20. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Santa Clara, CA

Sun Jan 29 2023
This week the median list price for Santa Clara, CA is $1,733,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 20. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,733,000
Median Price of New Listings $1,599,444
Per Square Foot $983
Average Days on Market 214
Median Days on Market 77
Price Decreased 30%
Price Increased 5%
Relisted 15%
Inventory 20
Median Rent
Market Action 58
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
$2,198,000 1,591 8,000 - 10,000 sqft 3 2 73 1 0 112
$1,795,000 2,116 6,500 - 8,000 sqft 4 3 62 0 0 91
$1,649,000 1,288 4,500 - 6,500 sqft 4 2 55 1 1 35
$1,298,900 1,611 6,500 - 8,000 sqft 4 2 64 2 2 7