Is Santa Clara Community, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Clara Community is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Santa Clara Community has remained a Seller's Market.

Key Takeaway

Santa Clara Community is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Santa Clara Community, OR

How much do homes in Santa Clara Community, OR cost?

Median Sold Price

$452,500

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-1.6%)

Key Takeaway

Homes in Santa Clara Community have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Santa Clara Community was $452,500 in October 2024, down 1.6% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $222K$331K
+49.1%
2 $363K$358.5K
-1.2%
3 $449.5K$433.2K
-3.6%
4 $562.5K$537K
-4.5%
5+ $598.2K$575K
-3.9%

Summary: Santa Clara Community housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.1%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 3.9%.

Housing Supply in Santa Clara Community, OR

How many homes are available in Santa Clara Community, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6862-8.8%

Summary: The Santa Clara Community real estate market had 62 homes for sale in October 2024, a 8.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 01
+100.0%
3 4846
-4.2%
4 1512
-20.0%
5+ 32
-33.3%

Summary: The Santa Clara Community housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17170.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Clara Community, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Santa Clara Community in October 2024, the same as the previous month. Of the 17 sold homes, 18% were sold under asking, 35% were sold at asking, and 47% were sold over asking.

Days on Market for Santa Clara Community, OR

How long does it take to sell a home in Santa Clara Community, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days34 Days+0.8%

Summary: Homes in Santa Clara Community had an average of 34 days on market in Oct 2024, up by 0.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Clara Community are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in Santa Clara Community; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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