Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Sat Nov 27 2021
This week the median list price for Santa Clara, CA is $1,500,000 with the market action index hovering around 91. This is an increase over last month's market action index of 90. Inventory has increased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Santa Clara, CA

Sat Nov 27 2021
This week the median list price for Santa Clara, CA is $1,500,000 with the market action index hovering around 91. This is an increase over last month's market action index of 90. Inventory has increased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,500,000
Median Price of New Listings $1,595,000
Per Square Foot $1,101
Average Days on Market 129
Median Days on Market 14
Price Decreased 15%
Price Increased 7%
Relisted 7%
Inventory 27
Median Rent $3,600
Market Action 91
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
$2,289,000 2,246 8,000 - 10,000 sqft 4 3 58 3 2 3
$1,599,000 1,601 4,500 - 6,500 sqft 3 2 66 4 3 21
$1,445,000 1,312 4,500 - 6,500 sqft 3 2 61 4 3 0
$1,150,000 1,095 4,500 - 6,500 sqft 3 2 89 0 3 105