Mary Pope-Handy's Market Report

Santa Clara, CA 95054

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Santa Clara, CA 95054

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95054 is $1,343,500 with the market action index hovering around 43. This is less than last month's market action index of 54. Inventory has increased to 6. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Santa Clara, CA 95054

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95054 is $1,343,500 with the market action index hovering around 43. This is less than last month's market action index of 54. Inventory has increased to 6. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,343,500
Median Price of New Listings $0
Per Square Foot $852
Average Days on Market 336
Median Days on Market 256
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $3,900
Market Action 43
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,445,000 1,312 6,500 - 8,000 sqft 3 2 55 0 0 553
$1,399,999 2,172 4,500 - 6,500 sqft 3 2 61 0 0 266
$1,343,500 1,417 0 - 4,500 sqft 3 2.3 43 0 0 126
$1,240,500 1,501 4,500 - 6,500 sqft 3 2.5 23 0 0 472