Intero's Market Report

Santa Clara, CA

Single-Family Homes



Santa Clara, CA

Sat Jul 31 2021
This week the median list price for Santa Clara, CA is $1,540,000 with the market action index hovering around 71. This is less than last month's market action index of 82. Inventory has increased to 73. 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

Sat Jul 31 2021
This week the median list price for Santa Clara, CA is $1,540,000 with the market action index hovering around 71. This is less than last month's market action index of 82. Inventory has increased to 73. 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 $1,540,000
Median Price of New Listings $1,669,400
Per Square Foot $1,004
Average Days on Market 50
Median Days on Market 21
Price Decreased 22%
Price Increased 11%
Relisted 5%
Inventory 73
Median Rent $3,700
Market Action 71
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,848,500 2,001 6,500 - 8,000 sqft 4 3 63 7 2 7
$1,625,000 1,704 4,500 - 6,500 sqft 3 2 61 9 3 3
$1,422,499 1,321 4,500 - 6,500 sqft 3 2 61 4 0 45
$1,295,000 1,246 4,500 - 6,500 sqft 3 2 62 2 3 21