Single-Family Homes
Sat Apr 20 2024
This week the median list price for Santa Clara, CA is $1,834,000 with the market action index hovering around 69. This is an increase over last month's market action index of 65. Inventory has increased to 40.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,834,000 | |
Median Price of New Listings | $1,688,000 | |
Per Square Foot | $1,124 | |
Average Days on Market | 137 | |
Median Days on Market | 7 | |
Price Decreased | 10% | |
Price Increased | 3% | |
Relisted | 3% | |
Inventory | 40 | |
Median Rent | ||
Market Action | 69 | |
Strong Seller's Market |
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,774,000 | 2,405 | 6,500 - 8,000 sqft | 4 | 3.3 | 67 | 3 | 2 | 10 |
$1,937,450 | 1,857 | 6,500 - 8,000 sqft | 4 | 2.5 | 66 | 4 | 0 | 7 |
$1,637,500 | 1,330 | 4,500 - 6,500 sqft | 3 | 2 | 69 | 5 | 2 | 3 |
$1,444,000 | 1,250 | 4,500 - 6,500 sqft | 3 | 2 | 68 | 5 | 2 | 7 |