We analyze several housing market indicators in order to present an in-depth breakdown of Santa Clara Homes Market comparing March 2009 to March 2010.

Summary of Key Points

Santa Clara Homes for Sale is showing continuing signs of improvement with median sales price climbing up,median days on market dropping  and sellers receving over asking price.

Key Statistics,Santa Clara,CA: Median Sales Price (24.23%), Median Days on Market (-74.53%), and Number of Units Sold (-25.40%), Sales Price to List Price Ratio (March 09 97% - March 10 101%)

Santa Clara Homes

The city of Santa Clara experienced a 24.23% increase in median sales price from last year going up from $500,030 (March 09) to $621,199 (March 2010). Median days on market data for Santa Clara show that houses are selling faster than March 09. It took 99 days in March 09 for a house to sell and for March 10 that number has gone down to 25 days (a 74.53% improvement). Another important factor to consider is total number of units sold. In the month of March 09, 63 units were sold compared to 47 for March 10 (-25.40% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Santa Clara. SP/LP ratio for March 09 was 97% compared to 101% for March 10.

Let’s take a brief look at neighbors San Jose and Sunnyvale. San Jose Homes featured a 39.05% increase in median sales price ($397,476 March 09 - $552,689 March 10) and Sunnyvale Homes saw a 23.53% increase ($590,776 March 09 - $729,766 March 10). Are houses in San Jose and Sunnyvale selling faster or slower this year? Well, San Jose experienced a 52.91% decrease (110 to 52 days) in median days on market and Sunnyvale a 67.93% decrease (96 to 31 days). In the units sold category, San Jose sold 401 units less (-43.63%) in March 2010 than 09 and Sunnyvale sold 1 unit less (-1.85%) in March 2010 than March 09.

Consult latest research and find Homes in all major cities in California including Santa Clara Homes, San Jose Homes, Sunnyvale Homes.

You can also access Santa Clara Homes for viewing the latest market inventory

• Homes for sale for MLS Search,
• Bank REO / Short Sale Search
• Foreclosure Search ( Outside MLS)
• Just Listed Properties
• Income Properties (1-4 units)
• Condo searches
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In addition you will find comprehensive Lending information on FHA, VA, USDA, and Conventional Loans. There are web pages for each major city in California with loan products specific to the city including City Down Payment assistance offered.

HomeSearchFinder.com provides a Proprietary Affordability Mortgage Calculator. It matches your profile against the programs our lenders offer and instantly communicates the PreQual Mortgage amount and the Purchase price you are eligible for.

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