Market Report - The Brasil Group

Santa Clara, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Santa Clara, CA

Thu Feb 20 2020
This week the median list price for Santa Clara, CA is $1,279,999 with the market action index hovering around 69. This is an increase over last month's market action index of 63. Inventory has held steady at or around 23. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Santa Clara, CA

Thu Feb 20 2020
This week the median list price for Santa Clara, CA is $1,279,999 with the market action index hovering around 69. This is an increase over last month's market action index of 63. Inventory has held steady at or around 23. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Santa Clara market.
Median List Price $1,279,999
Per Square Foot $877
Days on Market 44
Price Decreased 0%
Price Increased 4%
Relisted 4%
Inventory 23
Median Rent $3,100
Most Expensive $1,900,000
Least Expensive $799,888
Market Action 69
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$1,698,000 1,648 6,500 - 8,000 sqft 4 2 63 4 3 1
$1,469,444 1,342 4,500 - 6,500 sqft 3 2 63 4 2 40
$1,174,000 1,468 6,500 - 8,000 sqft 3 2 62 5 3 39
$998,000 1,265 4,500 - 6,500 sqft 3 2 71 1 2 85