Mary Pope-Handy's Market Report

San Jose, CA 95125

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



San Jose, CA 95125

Tue Aug 09 2022
This week the median list price for San Jose, CA 95125 is $1,898,500 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 70. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

San Jose, CA 95125

Tue Aug 09 2022
This week the median list price for San Jose, CA 95125 is $1,898,500 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 70. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,898,500
Median Price of New Listings $1,898,500
Per Square Foot $1,026
Average Days on Market 35
Median Days on Market 21
Price Decreased 40%
Price Increased 0%
Relisted 11%
Inventory 70
Median Rent
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,399,998 3,283 8,000 - 10,000 sqft 4 4 10 2 1 21
$2,150,000 2,068 6,500 - 8,000 sqft 4 3 66 3 1 21
$1,693,500 1,592 6,500 - 8,000 sqft 3 2 67 3 4 28
$1,319,000 1,418 4,500 - 6,500 sqft 3 2 72 4 4 21