Sales Numbers Rise in Santa Clara Real Estate Market

The Santa Clara market showed healthy signs this week as sales climbed 8.1% to reach 80 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, San Jose had 645 sales, the most of all cities in the area. Months of inventory were further reduced to one, extending a downward trend to four weeks. The rise in sales and low inventory point to Santa Clara being a solid seller's market.

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Demographic facts about Santa Clara:

  • The population has increased 14.9% over the past 10 years.
  • The safety rating here is 81. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 23 minutes.

Data reported through 10/12/2016

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Optimum Real Estate Co
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Alain Pinel Realtors
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Referral Realty Silicon Valley
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