Mary Pope-Handy's Market Report

Santa Clara, CA 95050

Single-Family Homes

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



Santa Clara, CA 95050

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95050 is $1,474,475 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has decreased to 8. 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 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 95050

Thu Jan 20 2022
This week the median list price for Santa Clara, CA 95050 is $1,474,475 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has decreased to 8. 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 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 $1,474,475
Median Price of New Listings $1,649,499
Per Square Foot $1,063
Average Days on Market 74
Median Days on Market 25
Price Decreased 13%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent $5,898
Market Action 57
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. 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
$1,909,999 2,285 6,500 - 8,000 sqft 4 3 94 1 0 3
$1,673,500 1,809 4,500 - 6,500 sqft 3 2.5 45 0 1 133
$1,299,475 1,155 4,500 - 6,500 sqft 3 2 70 1 0 17
$1,019,944 936 0 - 4,500 sqft 3 2 122 0 0 143