Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Tue Aug 09 2022
This week the median list price for Santa Clara, CA is $1,643,944 with the market action index hovering around 64. This is less than last month's market action index of 69. Inventory has decreased to 50. 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

Tue Aug 09 2022
This week the median list price for Santa Clara, CA is $1,643,944 with the market action index hovering around 64. This is less than last month's market action index of 69. Inventory has decreased to 50. 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 $1,643,944
Median Price of New Listings $1,474,500
Per Square Foot $1,076
Average Days on Market 83
Median Days on Market 25
Price Decreased 34%
Price Increased 12%
Relisted 4%
Inventory 50
Median Rent
Market Action 64
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,999,444 1,861 6,500 - 8,000 sqft 4 3 61 0 4 31
$1,724,500 1,605 4,500 - 6,500 sqft 4 2.5 64 1 3 31
$1,599,950 1,652 4,500 - 6,500 sqft 3 2 62 3 0 28
$1,288,000 1,140 6,500 - 8,000 sqft 3 2 69 4 3 21