Market Report - The Brasil Group

San Jose, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA

Sat Nov 27 2021
This week the median list price for San Jose, CA is $1,398,000 with the market action index hovering around 92. This is an increase over last month's market action index of 90. Inventory has decreased to 229. Click here to stay informed with the San Jose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

San Jose, CA

Sat Nov 27 2021
This week the median list price for San Jose, CA is $1,398,000 with the market action index hovering around 92. This is an increase over last month's market action index of 90. Inventory has decreased to 229. Click here to stay informed with the San Jose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,398,000
Median Price of New Listings $1,399,844
Per Square Foot $822
Average Days on Market 70
Median Days on Market 14
Price Decreased 10%
Price Increased 5%
Relisted 7%
Inventory 229
Median Rent $3,695
Market Action 92
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,088,000 2,606 8,000 - 10,000 sqft 4 3 58 15 15 35
$1,499,000 1,944 6,500 - 8,000 sqft 4 3 55 28 22 7
$1,248,000 1,512 4,500 - 6,500 sqft 3 2 56 27 27 7
$944,475 1,232 4,500 - 6,500 sqft 3 2 62 12 17 21