Market Report - The Brasil Group

San Jose, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA

Fri Oct 15 2021
This week the median list price for San Jose, CA is $784,444 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has decreased to 204. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA

Fri Oct 15 2021
This week the median list price for San Jose, CA is $784,444 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has decreased to 204. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $784,444
Median Price of New Listings $773,944
Per Square Foot $650
Average Days on Market 48
Median Days on Market 18
Price Decreased 20%
Price Increased 2%
Relisted 6%
Inventory 204
Median Rent $2,815
Market Action 68
Strong Seller's Market

The market appears to be 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
$1,138,000 1,532 0 - 4,500 sqft 3 3 17 9 10 21
$848,888 1,348 0 - 4,500 sqft 2 2 23 16 14 14
$699,000 1,080 0 - 4,500 sqft 2 2 35 15 17 14
$528,000 849 0 - 4,500 sqft 2 1 37 10 14 28