Mary Pope-Handy's Market Report

San Jose, CA 95139

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Current active inventory in San Jose, CA 95139 is very low. Keep this in mind when looking at this report.

San Jose, CA 95139

Wed Mar 20 2019
This week the median list price for San Jose, CA 95139 is $1,048,000 with the market action index hovering around 58. This is an increase over last month's market action index of 49. Inventory has held steady at or around 3. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

San Jose, CA 95139

Wed Mar 20 2019
This week the median list price for San Jose, CA 95139 is $1,048,000 with the market action index hovering around 58. This is an increase over last month's market action index of 49. Inventory has held steady at or around 3. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,048,000
Per Square Foot $561
Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median House Rent $3,995
Most Expensive $1,200,000
Least Expensive $885,000
Market Action Index
Strong Seller's Market
58

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$1,048,000 2,137 6,500 - 8,000 sqft 4 2 47 0 1 14
$1,200,000 2,137 6,500 - 8,000 sqft 4 3 42 0 1 7
$1,048,000 2,345 4,500 - 6,500 sqft 4 2 47 0 0 28
$885,000 1,120 6,500 - 8,000 sqft 3 2 47 0 0 7