Market Report - The Brasil Group

Santa Clara, CA 95051

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95051

Mon Jun 24 2024
This week the median list price for Santa Clara, CA 95051 is $1,943,975 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has increased to 22. 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 started cooling and prices have been flat for several weeks. Since 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

Mon Jun 24 2024
This week the median list price for Santa Clara, CA 95051 is $1,943,975 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has increased to 22. 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 started cooling and prices have been flat for several weeks. Since 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 $1,943,975
Median Price of New Listings $1,995,000
Per Square Foot $1,270
Average Days on Market 219
Median Days on Market 11
Price Decreased 5%
Price Increased 5%
Relisted 5%
Inventory 22
Median Rent
Market Action 83
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
$2,849,000 2,263 4,500 - 6,500 sqft 4 2 65 2 0 7
$1,999,888 1,568 4,500 - 6,500 sqft 4 2 63 2 1 21
$1,899,000 1,808 4,500 - 6,500 sqft 4 2 66 1 1 38
$1,594,500 1,195 4,500 - 6,500 sqft 3 2 69 2 2 10