Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Santa Clara, California

Santa Clara Convention Center

Santa Clara Area Profile

Demographics: (2015)

  • Population: 121,374
  • Median Age: 34.3
  • households: 43,433
  • Median household Income: $98,914
  • Mean Property Value: $673,600

Business

  • Employees: 62,883
  • Top 3 professions: Computer and Mathematical’ Management; Architecture and Engineering
  • Top 3 industries by # of employees: Manufacturing; Professional, Scientific, and Tech; Healthcare and Social Assistance
  • Average Commute: 22 Minutes

City Government

The City of Santa Clarais governed by a city council comprised of 7 members (6 plus the mayor) elected to staggered 4-year terms. The Mayor is elected also to a 4-year term. The government itself is managed by a City Manager.

Santa Clara City Logo

Things to Do in and around Santa Clara

GOLF:

Boating:

Other:

  • Baylands Park, 999 E. Caribbean Drive
  • Santa Clara Swim Center
  • Santa Clara Soccer Center

Hiking:

Parks and Rec:

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Cycling

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Mountain Biking

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Theater, Concerts, and Museums

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in Santa Clara

Places to Eat:

There are a number of restaurants in downtown Santa Clara and across the area that range from casual dining to formal, with cuisine from around the world.

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Places to Shop:

  • Westfield Valley Fair – 2855 Stevens Creek Blvd, Santa Clara
  • Santa Clara Square –  2795 Augustine DriveSanta, Santa Clara
  • Franklin Square – 1100-1300 Franklin St, Santa Clara
  • Rivermark Village – 3945 Rivermark Plaza, Santa Clara

Education Opportunities in Santa Clara

K-12 Schools Serving Santa Clara

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

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Higher Education

Santa Clara Real Estate Market

Santa Clara Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales in Sunnyvale over the past 12 months. Prices continued advancing through May, though at a less frenetic pace than in 2017, then declined slightly as more inventory hit the market. The red line indicates the average sale price to list price ratio. Here we see bidding dropping off from a peak of 2% in May to about 1%, indicating Santa Clara homes are well priced for the demand.

Santa Clara City Real Estate Trends: Sales by Price Range for the past 6 months

The histogram above breaks down the past 6 months in Santa Clara homes sales by price range. Here we see two peaks in the market: single family homes between $1,200,000 and $1,800,000, and condo/townhouses from %800,000 to $1,000,000.

Santa Clara Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. Demand is keeping time on market low for all but the highest price category where four homes took 78 days or more to sell.

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home.

Here we see that, on average, Santa Clara homes sold in about 11-16 days, indicating that buyers and their agents need to be on top of searches, and sellers need to be available for viewing offers..

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%. 

Here we see that homes in all categories sold for more than 9% above list, with most ranging from 12.7% to 15.2% over list. Buyers have to be ready to offer over list while sellers need to not get too greedy with list price.

Santa Clara Real Estate: 6-month Average Sale Price to List Price Ratio by Price Range

The photos below show the lowest and highest sale price homes in Santa Clara so far in 2017.

Santa Clara Single Family Home Sales for the past 12 months:

This 897 sf 3br/1ba home on a 5.400 sf lot that sold for $750,000 in September, 2017 holds the low price mark for Santa Clara single family homes for the period.

This 2,735 sf 4br/3ba home on a 9,384 sf lot that sold for $2,800,000 in June, 2018 set a new high price mark for Santa Clara single family homes.

Santa Clara Condo and Town Home Sales for the past 12 months:

A 678 sf home in this complex that sold for $405,000 in September, 2017 holds the low price mark for Santa Clara City condominium and townhouse sales for the period.​

This 1,961 sf 4br/3.5ba townhouse sold for $1,688,000 in March, 2018 setting the high mark for Santa Clara condominiums and townhouses for the period.

Help me with Santa Clara Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.