Intero Market Report

Santa Clara, CA 95054

Single-Family Homes

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Santa Clara, CA 95054

Sun Oct 06 2024
This week the median list price for Santa Clara, CA 95054 is $1,675,000 with the market action index hovering around 51. This is less than last month's market action index of 61. Inventory has increased to 7. 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

Market Narrative

The market has started cooling and prices have been flat for several weeks. 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

Sun Oct 06 2024
This week the median list price for Santa Clara, CA 95054 is $1,675,000 with the market action index hovering around 51. This is less than last month's market action index of 61. Inventory has increased to 7. 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

Market Narrative

The market has started cooling and prices have been flat for several weeks. 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 $1,675,000
Median Price of New Listings $1,675,000
Per Square Foot $1,028
Average Days on Market 137
Median Days on Market 14
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 51
Strong Seller's Market

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
$2,098,000 2,146 4,500 - 6,500 sqft 4 3 17 0 0 14
$1,897,450 1,847 0 - 4,500 sqft 3 3.5 19 1 0 35
$1,637,500 1,176 0.25 - 0.5 acre 3 1.5 78 1 0 210
$1,593,500 1,509 4,500 - 6,500 sqft 3 2.5 40 1 0 227