Market Report - The Brasil Group

Santa Clara, CA 95051

Single-Family Homes

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 $1,510,000 with the market action index hovering around 72. This is an increase over last month's market action index of 69. Inventory has held steady at or around 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Santa Clara, CA 95051

Sat Feb 27 2021
This week the median list price for Santa Clara, CA 95051 is $1,510,000 with the market action index hovering around 72. This is an increase over last month's market action index of 69. Inventory has held steady at or around 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,510,000
Per Square Foot $1,056
Days on Market 7
Price Decreased 8%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent $3,575
Most Expensive $2,255,000
Least Expensive $999,000
Market Action 72
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,800,000 1,592 8,000 - 10,000 sqft 4 2 60 0 0 7
$1,588,000 1,679 6,500 - 8,000 sqft 3 3 73 3 2 0
$1,499,888 1,254 4,500 - 6,500 sqft 3 2 66 2 1 224
$1,248,888 1,166 6,500 - 8,000 sqft 3 1 67 1 0 7