Sat Feb 27 2021
This week the median list price for Santa Clara, CA 95051 is $745,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 23.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$745,000|
|Per Square Foot||$758|
|Days on Market||21|
|Strong Seller's Market|
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,665,800||2,036||0 - 4,500 sqft||3||4||6||1||1||14|
|$904,500||1,130||0 - 4,500 sqft||2||2||44||2||1||59|
|$698,500||1,025||0 - 4,500 sqft||2||2||50||2||0||84|
|$452,450||678||0 - 4,500 sqft||1||1||50||1||0||17|