Market Report - The Brasil Group

Santa Clara, CA 95054

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95054

Sat Sep 30 2023
This week the median list price for Santa Clara, CA 95054 is $1,588,000 with the market action index hovering around 60. This is less than last month's market action index of 76. Inventory has held steady at or around 5. 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 started cooling and prices have recently plateaued. Since 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

Sat Sep 30 2023
This week the median list price for Santa Clara, CA 95054 is $1,588,000 with the market action index hovering around 60. This is less than last month's market action index of 76. Inventory has held steady at or around 5. 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 started cooling and prices have recently plateaued. Since 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 $1,588,000
Median Price of New Listings $1,649,000
Per Square Foot $1,037
Average Days on Market 39
Median Days on Market 35
Price Decreased 20%
Price Increased 20%
Relisted 20%
Inventory 5
Median Rent
Market Action 60
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,649,000 1,590 0 - 4,500 sqft 3 3 18 1 0 0
$1,600,000 908 0.25 - 0.5 acre 3 1 108 0 0 49
$1,588,000 1,312 8,000 - 10,000 sqft 3 2 56 0 0 84
$1,313,900 1,439 4,500 - 6,500 sqft 3 2 85 0 0 31