Typically we experience a slow down in the fall for real estate transactions. In October a total of 50 single family homes closed escrow compared to 68 total single family home sales in September. That is about a 26% drop in activity. Also inventory is steadily droping as well which is also very typical as less homes are going on the market, homes that are not selling are coming off the market for the holidays, and in our active market buyers are still buying.
In October homes listed and sold in Santa Clara were on the market an average of 13.24 days (9 days MEDIAN) before being sold. They were on average selling about 6.6% over asking. The median price increase was about 6.5% over asking. Out of the 50 homes only 6 sold under list price, three sold at list and the remaining 41 homes sold over asking price. Prices ranged from a low of $560K to a high of $1.8M. Still very active market and for buyers not much buying options and still quite competitive.
The Median Market Action Index, which measures the activity of the market is still well over 30 which indicates a more balanced market. Currently the market is still favoring sellers.
| Street Address | SqFt | DOM | List Price | Close Price | |
| 1 | 4120 BASSETT Street | 1016 | 24 | $529,000 | $552,200 |
| 2 | 1039 LEITH Avenue | 1207 | 8 | $580,000 | $610,000 |
| 3 | 1864 HEATHERDALE Avenue | 1088 | 6 | $625,000 | $650,000 |
| 4 | 2362 KENWOOD Avenue | 1040 | 18 | $630,000 | $670,000 |
| 5 | 653 N BAYWOOD Avenue | 1134 | 7 | $599,000 | $670,000 |
| 6 | 467 MARIA Court | 1618 | 9 | $700,000 | $675,000 |
| 7 | 3580 GOLDEN STATE Drive | 1166 | 7 | $635,000 | $681,000 |
| 8 | 2294 PEACHTREE Lane | 874 | 17 | $648,950 | $681,000 |
| 9 | 2405 CRYSTAL Drive | 897 | 6 | $649,999 | $700,500 |
| 10 | 797 CRESTVIEW Drive | 1250 | 18 | $729,000 | $705,000 |
| 11 | 1344 MEADOWLARK Avenue | 1004 | 7 | $650,000 | $705,000 |
| 12 | 2557 AMETHYST Drive | 897 | 10 | $698,888 | $720,890 |
| 13 | 570 MISSION Street | 1072 | 11 | $725,000 | $735,000 |
| 14 | 1874 CATHERINE Street | 1204 | 12 | $685,000 | $740,000 |
| 15 | 2410 FERNWOOD Avenue | 1134 | 12 | $680,000 | $740,000 |
| 16 | 750 UNIVERSITY Street | 1392 | 7 | $699,950 | $748,000 |
| 17 | 1733 BRIARWOOD Drive | 1212 | 5 | $688,000 | $762,500 |
| 18 | 390 CRESTVIEW Drive | 1448 | 51 | $799,000 | $770,000 |
| 19 | 3151 SANTA MARIA Avenue | 1078 | 10 | $748,800 | $793,000 |
| 20 | 880 BLOSSOM Drive | 1025 | 8 | $749,000 | $800,000 |
| 21 | 2242 SCHOTT Court | 1602 | 51 | $808,000 | $810,000 |
| 22 | 2504 JOHNSON Place | 1340 | 8 | $795,000 | $818,000 |
| 23 | 3463 EARL Drive | 1421 | 11 | $798,000 | $820,000 |
| 24 | 733 ASBURY Place | 1340 | 27 | $799,000 | $820,000 |
| 25 | 988 SUNSET Drive | 1025 | 9 | $699,000 | $820,000 |
| 26 | 3150 JAMES Court | 1512 | 11 | $815,000 | $842,000 |
| 27 | 465 JEFFERSON Street | 1644 | 7 | $799,000 | $850,000 |
| 28 | 3110 MEMBRILLO CORTE | 1610 | 9 | $799,000 | $855,000 |
| 29 | 2166 ESPERANCA Avenue | 1589 | 9 | $798,000 | $858,000 |
| 30 | 2236 SCHOTT Court | 1705 | 9 | $828,000 | $885,000 |
| 31 | 3168 MERCED Court | 1330 | 9 | $789,000 | $910,000 |
| 32 | 2551 MONROE Street | 1938 | 41 | $915,000 | $915,000 |
| 33 | 3459 SAINT MARYS Place | 1418 | 10 | $849,999 | $928,000 |
| 34 | 770 UNIVERSITY Street | 1785 | 10 | $878,000 | $940,000 |
| 35 | 621 HILMAR Street | 1788 | 9 | $875,000 | $948,000 |
| 36 | 2037 LOVELL Place | 1971 | 9 | $849,950 | $955,000 |
| 37 | 1942 GRAHAM Lane | 1356 | 8 | $849,000 | $960,000 |
| 38 | 1105 MORSE Street | 1636 | 24 | $977,000 | $977,000 |
| 39 | 3154 TEMPLE Court | 1498 | 12 | $1,050,000 | $1,000,000 |
| 40 | 1190 REED Street | 1425 | 10 | $798,000 | $1,030,000 |
| 41 | 3177 FORBES Court | 1498 | 10 | $989,000 | $1,130,000 |
| 42 | 4222 TOBIN Circle | 2036 | 37 | $1,200,000 | $1,180,000 |
| 43 | 534 HICKORY Place | 1442 | 9 | $1,100,000 | $1,210,000 |
| 44 | 3769 SWALLOW Way | 1568 | 10 | $989,000 | $1,230,000 |
| 45 | 380 LA HERRAN Drive | 1284 | 9 | $1,088,000 | $1,375,000 |
| 46 | 1829 WORTHINGTON Circle | 2390 | 4 | $1,498,000 | $1,498,000 |
| 47 | 1825 WORTHINGTON Circle | 2717 | 7 | $1,598,000 | $1,574,030 |
| 48 | 2667 BIRCHTREE Lane | 2286 | 16 | $1,499,000 | $1,600,000 |
| 49 | 952 GARRITY Way | 3395 | 8 | $1,599,900 | $1,700,000 |
| 50 | 124 TYLER Avenue | 2854 | 6 | $1,799,000 | $1,800,000 |
