Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Wed Jul 15 2020
This week the median list price for Santa Clara, CA is $1,538,888 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 57. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Wed Jul 15 2020
This week the median list price for Santa Clara, CA is $1,538,888 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 57. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,538,888
Per Square Foot $886
Days on Market 49
Price Decreased 21%
Price Increased 5%
Relisted 5%
Inventory 57
Median Rent $3,400
Most Expensive $2,383,000
Least Expensive $950,000
Market Action 56
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
$2,046,500 2,447 0 - 4,500 sqft 4 3 1 1 0 35
$1,637,500 2,096 4,500 - 6,500 sqft 4 3 62 5 5 25
$1,435,000 1,403 4,500 - 6,500 sqft 3 2 63 5 3 57
$1,150,000 1,167 4,500 - 6,500 sqft 3 2 66 6 4 77