Market Report - The Brasil Group

Santa Clara, CA 95051

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95051

Sat Jul 31 2021
This week the median list price for Santa Clara, CA 95051 is $1,600,000 with the market action index hovering around 74. This is less than last month's market action index of 85. Inventory has increased to 39. 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

Sat Jul 31 2021
This week the median list price for Santa Clara, CA 95051 is $1,600,000 with the market action index hovering around 74. This is less than last month's market action index of 85. Inventory has increased to 39. 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 $1,600,000
Median Price of New Listings $1,688,800
Per Square Foot $1,128
Average Days on Market 40
Median Days on Market 7
Price Decreased 15%
Price Increased 13%
Relisted 5%
Inventory 39
Median Rent $3,250
Market Action 74
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
$1,988,000 1,927 6,500 - 8,000 sqft 4 2 62 4 1 7
$1,699,475 1,471 6,500 - 8,000 sqft 3 2 62 7 3 0
$1,499,975 1,331 4,500 - 6,500 sqft 3 2 62 2 0 45
$1,309,444 1,155 4,500 - 6,500 sqft 3 2 63 4 0 7