Market Report - The Brasil Group

Santa Clara, CA 95051

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95051

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. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Santa Clara, CA 95051

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. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $745,000
Per Square Foot $758
Days on Market 21
Price Decreased 17%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent $2,770
Most Expensive $1,758,000
Least Expensive $389,000
Market Action 45
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.

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
$1,665,800 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