Market Report - The Brasil Group

Santa Clara, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Tue May 18 2021
This week the median list price for Santa Clara, CA is $750,000 with the market action index hovering around 61. This is about the same as last month's market action index of 61. Inventory has increased to 45. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Santa Clara, CA

Tue May 18 2021
This week the median list price for Santa Clara, CA is $750,000 with the market action index hovering around 61. This is about the same as last month's market action index of 61. Inventory has increased to 45. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $750,000
Median Price of New Listings $788,888
Per Square Foot $715
Average Days on Market 40
Median Days on Market 14
Price Decreased 18%
Price Increased 2%
Relisted 0%
Inventory 45
Median Rent $2,965
Market Action 61
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
$1,298,000 1,726 0 - 4,500 sqft 3 3 16 4 1 14
$889,999 1,260 0 - 4,500 sqft 2 2 37 4 4 7
$714,900 984 0 - 4,500 sqft 2 2 34 1 2 28
$636,900 925 0 - 4,500 sqft 1 1 48 4 5 7