Santa Clara Housing Market Report – March 2026
Here's a look at how the Santa Clara, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 81
- Median Sale Price: $1,648,800
- Average Sale Price: $1,658,169
- Average Price Per Sq Ft: $1,095
- Average Days on Market: 36
- Sale-to-List Price Ratio: 106.1%
Month-Over-Month Trends
Compared to February, the median sale price in Santa Clara moved 10.9% down (from $1,850,500 to $1,648,800). The number of homes sold was 84.1% up compared to the prior month (44 vs. 81). Average days on market shifted 41.9% down (62 days to 36 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 6.1% down (from $1,755,000 to $1,648,800). Sales volume is 9.5% up year-over-year.
What This Means
Santa Clara's housing market is firing on all cylinders this March, with sales activity surging 84% from February. The jump in transaction volume isn't surprising given spring's traditional homebuying season, but it's worth noting that prices actually pulled back—the median dropped nearly 11% month-over-month to $1.65 million. This suggests sellers may be adjusting expectations to match buyer appetite, which is smart positioning in a market where homes are sitting for an average of just 36 days before selling.
What's particularly interesting is the sale-to-list ratio hitting 106.1%. Homes are still selling above asking price, which indicates genuine buyer demand despite the price decline. Year-over-year, the median is down 6.1%, pointing to a cooling from last spring's peak, but the 9.5% jump in sales volume shows this isn't a market collapse—it's a healthy reset. With 130 active listings and buyers able to close deals in five weeks, Santa Clara feels balanced compared to the frenzy we've seen in recent years.
Single-family homes dominate the market at 59% of sales, reflecting what Santa Clara buyers typically want. If you're considering a move here, now looks like a reasonable window to buy without the desperation pricing of earlier cycles.
Santa Clara Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95051 | 38 | $1,846,500 | $1,156 | 34 |
| 95050 | 32 | $1,437,500 | $1,071 | 40 |
| 95054 | 11 | $1,648,800 | $956 | 32 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 48 | $1,990,000 | $1,339 |
| CONDOS | 16 | $695,000 | $712 |
| TOWNHOMES | 12 | $1,230,000 | $789 |
| MULTI_FAMILY | 4 | $1,437,500 | $753 |
| CONDO | 1 | $995,000 | $555 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 3 |
| $500K - $749K | 9 |
| $750K+ | 69 |
Current Active Listings
As of this report, there are 130 active listings in Santa Clara with a median asking price of $1,499,444 and an average of 29 days on market.
Thinking About Selling Your Santa Clara Home?
If you're a homeowner in Santa Clara considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Santa Clara and throughout the Central Valley — get a no-obligation cash offer today.
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