Mary Pope-Handy's Market Report

San Jose, CA 95139

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95139

Mon May 20 2019
This week the median list price for San Jose, CA 95139 is $999,000 with the market action index hovering around 74. This is an increase over last month's market action index of 64. Inventory has held steady at or around 7. Click here to stay informed with the San Jose market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 95139

Mon May 20 2019
This week the median list price for San Jose, CA 95139 is $999,000 with the market action index hovering around 74. This is an increase over last month's market action index of 64. Inventory has held steady at or around 7. Click here to stay informed with the San Jose market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $999,000
Per Square Foot $573
Days on Market 13
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 7
Median House Rent
Most Expensive $1,200,000
Least Expensive $822,888
Market Action Index
Strong Seller's Market
74

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,200,000 2,772 4,500 - 6,500 sqft 4 3 44 0 1 14
$1,049,500 2,083 6,500 - 8,000 sqft 4 2 47 1 0 10
$953,500 1,623 4,500 - 6,500 sqft 3 2 49 1 1 7
$835,888 1,116 4,500 - 6,500 sqft 3 1 46 0 0 21