Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Sat Feb 27 2021
This week the median list price for Santa Clara, CA is $1,499,000 with the market action index hovering around 77. This is an increase over last month's market action index of 73. Inventory has held steady at or around 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 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

Sat Feb 27 2021
This week the median list price for Santa Clara, CA is $1,499,000 with the market action index hovering around 77. This is an increase over last month's market action index of 73. Inventory has held steady at or around 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 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 $1,499,000
Per Square Foot $964
Days on Market 7
Price Decreased 11%
Price Increased 4%
Relisted 4%
Inventory 27
Median Rent $3,463
Most Expensive $2,255,000
Least Expensive $999,000
Market Action 77
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
$1,744,000 2,116 6,500 - 8,000 sqft 4 2 60 1 2 10
$1,537,888 1,595 4,500 - 6,500 sqft 3 2 66 4 1 0
$1,388,000 1,312 6,500 - 8,000 sqft 3 2 67 3 1 14
$1,098,000 1,097 4,500 - 6,500 sqft 3 2 61 4 1 0