Intero Market Report

Santa Clara, CA 95051

Single-Family Homes

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Santa Clara, CA 95051

Sat Aug 13 2022
This week the median list price for Santa Clara, CA 95051 is $1,693,000 with the market action index hovering around 61. This is less than last month's market action index of 66. Inventory has decreased to 26. 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 95051

Sat Aug 13 2022
This week the median list price for Santa Clara, CA 95051 is $1,693,000 with the market action index hovering around 61. This is less than last month's market action index of 66. Inventory has decreased to 26. 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 $1,693,000
Median Price of New Listings $1,638,888
Per Square Foot $1,071
Average Days on Market 131
Median Days on Market 35
Price Decreased 38%
Price Increased 15%
Relisted 0%
Inventory 26
Median Rent
Market Action 61
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$1,994,944 1,736 4,500 - 6,500 sqft 4 2.5 61 0 2 91
$1,774,500 1,473 4,500 - 6,500 sqft 4 2 64 1 3 24
$1,649,000 1,771 4,500 - 6,500 sqft 3 2 54 1 0 35
$1,555,000 1,576 4,500 - 6,500 sqft 3 2 66 1 2 28