Sat Sep 19 2020
This week the median list price for Santa Clara, CA 95051 is $1,796,940 with the market action index hovering around 67. This is an increase over last month's market action index of 64. Inventory has held steady at or around 30.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,796,940|
|Per Square Foot||$874|
|Days on Market||54|
|Strong Seller's Market|
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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||2,990||6,500 - 8,000 sqft||5||5||0||1||0||53|
|$1,995,000||2,462||4,500 - 6,500 sqft||4||4||56||0||3||49|
|$1,643,950||1,834||6,500 - 8,000 sqft||3||3||64||1||3||70|
|$1,343,975||1,285||4,500 - 6,500 sqft||3||2||65||1||6||42|