Market Report - The Brasil Group

Santa Clara, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Thu Mar 28 2024
This week the median list price for Santa Clara, CA is $791,888 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 28. 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

Thu Mar 28 2024
This week the median list price for Santa Clara, CA is $791,888 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 28. 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 $791,888
Median Price of New Listings $998,500
Per Square Foot $790
Average Days on Market 30
Median Days on Market 7
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 28
Median Rent
Market Action 52
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
$1,428,000 1,537 0 - 4,500 sqft 2 2 3 1 3 7
$929,000 1,192 0 - 4,500 sqft 2 2 33 3 2 7
$699,800 908 0 - 4,500 sqft 1 1 19 0 2 7
$629,000 853 0 - 4,500 sqft 2 1 53 0 0 42