Mary Pope-Handy's Market Report

Santa Clara, CA 95054

Condos/Townhomes

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Santa Clara, CA 95054

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95054 is $863,944 with the market action index hovering around 71. This is less than last month's market action index of 77. Inventory has decreased to 4. 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 95054

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95054 is $863,944 with the market action index hovering around 71. This is less than last month's market action index of 77. Inventory has decreased to 4. 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 $863,944
Median Price of New Listings $749,844
Per Square Foot $761
Average Days on Market 65
Median Days on Market 11
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $3,225
Market Action 71
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,468,000 1,894 0 - 4,500 sqft 3 2.5 18 0 0 238
$928,000 1,361 - 3 2 16 0 0 21
$799,888 1,070 0 - 4,500 sqft 2 2 16 1 0 0
$699,800 900 0 - 4,500 sqft 1 1 17 1 0 0