I haven’t reviewed inventory levels in a some weeks and with the increased activity of the market I am curious to see how the Santa Clara market is performing.
Santa Clara is very active. Santa Clara had a busy month with 80 pending sales of single family homes. Compared to last years levels for 70 homes sold in March. Inventory has dropped from 190 homes to mid 170’s which is a positive sign that there are buyers out there looking.
For a better look at the Santa Clara real estate market down load my statistics report for 95051, 95050, and 95054 zip codes.