Market Report - The Brasil Group

Santa Clara, CA 95051

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA 95051

Wed Feb 28 2024
This week the median list price for Santa Clara, CA 95051 is $1,989,000 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has increased to 13. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Santa Clara, CA 95051

Wed Feb 28 2024
This week the median list price for Santa Clara, CA 95051 is $1,989,000 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has increased to 13. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,989,000
Median Price of New Listings $2,029,500
Per Square Foot $1,174
Average Days on Market 321
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 66
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
$2,185,000 1,574 6,500 - 8,000 sqft 3 2 66 2 0 0
$2,000,000 2,116 6,500 - 8,000 sqft 5 3 63 2 0 0
$1,899,950 1,693 6,500 - 8,000 sqft 4 2.5 34 1 0 7
$1,449,500 1,199 4,500 - 6,500 sqft 3 2 69 1 0 10