Mary Pope-Handy's Market Report

Santa Clara, CA 95054

Condos/Townhomes

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Santa Clara, CA 95054

Tue Aug 09 2022
This week the median list price for Santa Clara, CA 95054 is $1,095,000 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has decreased to 15. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Santa Clara, CA 95054

Tue Aug 09 2022
This week the median list price for Santa Clara, CA 95054 is $1,095,000 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has decreased to 15. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,095,000
Median Price of New Listings $1,095,000
Per Square Foot $782
Average Days on Market 35
Median Days on Market 28
Price Decreased 47%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 52
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,488,000 1,894 0 - 4,500 sqft 3 3 18 0 0 35
$1,293,500 1,632 0 - 4,500 sqft 3 3 33 0 1 28
$834,884 1,185 0 - 4,500 sqft 2 2.5 30 1 1 42
$632,000 841 0 - 4,500 sqft 1 1 28 0 1 35