Intero Market Report

Santa Clara, CA 95051

Single-Family Homes

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Santa Clara, CA 95051

Tue Jul 05 2022
This week the median list price for Santa Clara, CA 95051 is $1,738,500 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 24. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 95051

Tue Jul 05 2022
This week the median list price for Santa Clara, CA 95051 is $1,738,500 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 24. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,738,500
Median Price of New Listings $1,749,475
Per Square Foot $1,158
Average Days on Market 119
Median Days on Market 21
Price Decreased 21%
Price Increased 25%
Relisted 8%
Inventory 24
Median Rent
Market Action 75
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,949,919 1,679 6,500 - 8,000 sqft 4 2.5 61 2 2 28
$1,799,000 1,602 4,500 - 6,500 sqft 4 2 63 2 2 21
$1,699,000 1,461 4,500 - 6,500 sqft 3 2 64 2 2 28
$1,469,419 1,375 6,500 - 8,000 sqft 3 2 63 2 4 21