Wednesday, September 10, 2008

What YOU can expect about Santa Clara Homes & Santa Clara Condos

Based on the stats following is what you can expect as house hunter in Santa Clara city. The majority i.e ~70% Of Santa Clara Homes & Santa Clara condos were built between 1950 to 1979. Less than 10% of homes of entire city stock is 10 years or younger. If you are looking for newer home this could be an issue & challenge. However,if you are thinking of more established neighborhood with relatively larger living spaces, easy & convenient access to work place etc, this city could be an ideal place for you. Being center of Silicon Valley, santa clara also boast very highly educated & relatively young work force. Santa Clara Real Estate Occupy 3 zip codes 95050, 95051, 95054 (Not including P.O.Boxes)



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Figures presented below are soley to see the Santa Clara Housing make up . For up to date median/average prices & market trend please see the updated Santa Clara Homes & Santa Clara Condos market reports.

(City) Santa Clara Real Estate Snap shot:
Median Home Age =>38
Median Home Cost =>$784,300
Homes Owned =>43.70%
Homes Rented =>53.64%

How new Santa Calra Homes & Santa Clara Condos are?
YEAR BUILT & % of Buildings
1999 to 2005 =>5.99%
1995 to 1998 =>3.19%
1990 to 1994 =>3.68%
1980 to 1989 =>9.97%
1970 to 1979 =>19.21%
1960 to 1969 =>22.79%
1950 to 1959 =>26.47%
1940 to 1949 =>5.47%
1939 or Earlier =>3.23%

What are the majority of OWNER-OCCUPIED Santa Clara Real Estate worth ?
Home Prices & % Of Home In Price Range
$200,000 to $299,999 =>6.01%
$300,000 to $399,999 =>13.94%
$400,000 to $499,999 =>23.98%
$500,000 to $749,999 =>38.17%
$1,000,000 or more =>2.02%

You can visit U.S Census Bureau Santa Clara City for detailed neighborhood demographics.
or you can also visit Sperling's Places for other details.

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