Market Report - The Brasil Group

Santa Clara, CA 95051

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95051

Fri Jul 10 2020
This week the median list price for Santa Clara, CA 95051 is $1,598,000 with the market action index hovering around 55. This is less than last month's market action index of 59. Inventory has held steady at or around 31. 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 95051

Fri Jul 10 2020
This week the median list price for Santa Clara, CA 95051 is $1,598,000 with the market action index hovering around 55. This is less than last month's market action index of 59. Inventory has held steady at or around 31. 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 $1,598,000
Per Square Foot $932
Days on Market 43
Price Decreased 26%
Price Increased 6%
Relisted 3%
Inventory 31
Median Rent $3,500
Most Expensive $2,383,000
Least Expensive $1,050,000
Market Action 55
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
$2,223,000 2,557 0 - 4,500 sqft 4 5 0 1 2 23
$1,687,500 1,657 6,500 - 8,000 sqft 4 3 63 1 0 18
$1,499,500 1,672 4,500 - 6,500 sqft 4 2 62 1 1 77
$1,299,475 1,248 4,500 - 6,500 sqft 3 2 63 2 6 49