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March 2024 Real Estate Report
120 Total
Homes For Sale
Homes For Sale
80 Homes
Added to the Market
Added to the Market
46 Homes
Sold
Sold
Compared to Previous Month
31%
More Homes For Sale
37%
More Homes Sold
Last month in March, housing in Santa Clara, CA ended with 80 homes being added to the market for sale, for a cumulative monthly total of 120 homes for sale - up 31% compared to February. Santa Clara, CA had a total of 46 homes sold for the month - up 37% from the month prior.
Detached led the way in homes sold with a total of 33 - up 45%, while attached totaled 13 in closed sales - up 15% from the month of February. The number of detached properties sold under 1500 square feet totaled 16 for the month of March, while homes from 1500 to 2000 square feet recorded 10 sales and homes sized from 2000 to 2500 square feet had 7 sales. The following ranges for detached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 9 and attached homes in the square feet range of 1500 to 2000 recorded 4 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
When are the most homes sold in Santa Clara, CA?
May:
54 Homes Sold
The last 12 month period for the city of Santa Clara, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and July 2023. The months of May 2023, June 2023 and July 2023 had 54 - 53 and 52 homes sold, respectively, as compared to an average of 39 for the other months of the year.
When do homes sell the fastest in Santa Clara, CA?
September:
9 Days On Market
The last 12 month period for the city of Santa Clara, CA shows that homes sold the fastest during the months of September 2023, October 2023 and March 2024. The months of September 2023, October 2023 and March 2024 had 9 - 11 and 10 days on market, respectively, as compared to an average of 16 for the other months of the year.
Average Price Of Homes Sold In Santa Clara, CA
By Size Category
Average Sold Price
Average Price Per Square Foot
Average Price Of Homes Sold In Santa Clara, CA
By Year
Average Sold Price
Average Price Per Square Foot
| Number of homes sold in Santa Clara, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 16 | 29 | 46 | - | - | - | - | - | - | - | - | - | 91 |
| 2023 | 28 | 25 | 45 | 40 | 54 | 53 | 52 | 50 | 35 | 51 | 50 | 38 | 521 |
| 2022 | 51 | 61 | 95 | 83 | 77 | 80 | 60 | 61 | 68 | 43 | 33 | 34 | 746 |
| 2021 | 39 | 47 | 73 | 76 | 91 | 111 | 111 | 88 | 93 | 82 | 82 | 63 | 956 |
| 2020 | 37 | 48 | 66 | 58 | 29 | 47 | 76 | 69 | 73 | 92 | 83 | 66 | 744 |
| 2019 | 37 | 52 | 63 | 61 | 80 | 64 | 66 | 61 | 71 | 58 | 58 | 55 | 726 |
| 2018 | 37 | 44 | 67 | 70 | 80 | 90 | 81 | 67 | 51 | 51 | 53 | 44 | 735 |
| 2017 | 22 | 46 | 57 | 65 | 94 | 102 | 76 | 92 | 67 | 67 | 71 | 54 | 813 |
| Average Days On Market (DOM) In Santa Clara, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 14 | 19 | 10 | - | - | - | - | - | - | - | - | - | 14 |
| 2023 | 33 | 27 | 14 | 15 | 16 | 12 | 13 | 14 | 9 | 11 | 19 | 25 | 17 |
| 2022 | 16 | 9 | 9 | 10 | 12 | 10 | 11 | 17 | 24 | 20 | 23 | 28 | 16 |
| 2021 | 31 | 30 | 21 | 17 | 20 | 17 | 15 | 13 | 15 | 18 | 16 | 24 | 20 |
| 2020 | 45 | 20 | 13 | 8 | 20 | 21 | 25 | 20 | 21 | 22 | 18 | 27 | 22 |
| 2019 | 35 | 29 | 28 | 20 | 22 | 23 | 24 | 25 | 27 | 27 | 24 | 27 | 26 |
| 2018 | 12 | 13 | 8 | 12 | 10 | 13 | 16 | 25 | 14 | 22 | 25 | 30 | 17 |
| 2017 | 29 | 18 | 11 | 11 | 12 | 13 | 15 | 14 | 15 | 9 | 14 | 11 | 14 |
| Average Days From List To Close Of Escrow In Santa Clara, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 43 | 41 | 31 | - | - | - | - | - | - | - | - | - | 38 |
| 2023 | 59 | 55 | 41 | 40 | 41 | 36 | 39 | 35 | 36 | 35 | 43 | 53 | 43 |
| 2022 | 45 | 34 | 35 | 41 | 42 | 41 | 47 | 46 | 51 | 47 | 49 | 57 | 45 |
| 2021 | 66 | 61 | 52 | 48 | 49 | 48 | 47 | 42 | 46 | 47 | 46 | 59 | 51 |
| 2020 | 85 | 46 | 40 | 35 | 50 | 48 | 56 | 49 | 51 | 53 | 49 | 57 | 52 |
| 2019 | 70 | 55 | 52 | 46 | 48 | 67 | 52 | 54 | 58 | 56 | 57 | 55 | 56 |
| 2018 | 42 | 42 | 32 | 36 | 35 | 39 | 43 | 50 | 37 | 50 | 56 | 61 | 44 |
| 2017 | 61 | 49 | 39 | 37 | 40 | 43 | 43 | 39 | 43 | 36 | 42 | 37 | 42 |
| Number of homes added to the market in Santa Clara, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 34 | 55 | 80 | - | - | - | - | - | - | - | - | - | 169 |
| 2023 | 37 | 45 | 50 | 48 | 67 | 54 | 50 | 72 | 62 | 56 | 32 | 16 | 589 |
| 2022 | 81 | 85 | 102 | 83 | 79 | 63 | 68 | 60 | 38 | 34 | 38 | 15 | 746 |
| 2021 | 55 | 74 | 84 | 93 | 106 | 98 | 96 | 85 | 78 | 78 | 51 | 33 | 931 |
| 2020 | 44 | 61 | 70 | 43 | 62 | 59 | 89 | 84 | 84 | 97 | 47 | 31 | 771 |
| 2019 | 58 | 61 | 71 | 72 | 68 | 73 | 68 | 63 | 59 | 63 | 27 | 20 | 703 |
| 2018 | 56 | 54 | 75 | 93 | 105 | 88 | 54 | 48 | 76 | 59 | 39 | 19 | 766 |
| 2017 | 45 | 54 | 83 | 89 | 107 | 69 | 82 | 78 | 57 | 62 | 61 | 27 | 814 |