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 November 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

$454,166

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,333(-1.2%)

Key Takeaway

Homes in Santa Clara Community have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Santa Clara Community was $454,166 in November 2024, down 1.2% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $222K$331K
+49.1%
2 $364K$358.5K
-1.5%
3 $448.3K$441.2K
-1.6%
4 $541K$535K
-1.1%
5+ $598.2K$575K
-3.9%

Summary: Santa Clara Community housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.1%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 1.1%, 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

Oct 2024Nov 2024CHANGE
6564-1.5%

Summary: The Santa Clara Community real estate market had 64 homes for sale in November 2024, a 1.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 4950
+2.0%
4 1210
-16.7%
5+ 22
0.0%

Summary: The Santa Clara Community housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 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. 37.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Santa Clara Community in November 2024, down by 5.9% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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

Nov 2023Nov 2024CHANGE
24 Days40 Days+66.5%

Summary: Homes in Santa Clara Community had an average of 40 days on market in Nov 2024, up by 66.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 16 homes were sold in Santa Clara Community; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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