Market Report - The Brasil Group
Santa Clara, CA
Single-Family Homes
The Brasil Group | info@theBrasilGroup.com
Santa Clara, CA
Thu Apr 18 2024
This week the median list price for Santa Clara, CA is $1,834,000 with the market action index hovering around 69. This is an increase over last month's market action index of 65. Inventory has increased to 40.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $1,834,000 | |
| Median Price of New Listings | $1,688,000 | |
| Per Square Foot | $1,124 | |
| Average Days on Market | 137 | |
| Median Days on Market | 7 | |
| Price Decreased | 10% | |
| Price Increased | 3% | |
| Relisted | 3% | |
| Inventory | 40 | |
| Median Rent | ||
| Market Action | 69 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $2,774,000 | 2,405 | 6,500 - 8,000 sqft | 4 | 3.3 | 67 | 3 | 2 | 10 |
| $1,937,450 | 1,857 | 6,500 - 8,000 sqft | 4 | 2.5 | 66 | 4 | 0 | 7 |
| $1,637,500 | 1,330 | 4,500 - 6,500 sqft | 3 | 2 | 69 | 5 | 2 | 3 |
| $1,444,000 | 1,250 | 4,500 - 6,500 sqft | 3 | 2 | 68 | 5 | 2 | 7 |