Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Fri Sep 20 2019
This week the median list price for San Jose, CA is $1,179,475 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 790. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA

Fri Sep 20 2019
This week the median list price for San Jose, CA is $1,179,475 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 790. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,179,475
Per Square Foot $675
Days on Market 56
Price Decreased 37%
Price Increased 3%
Relisted 9%
Inventory 790
Median House Rent $3,695
Most Expensive $12,500,000
Least Expensive $275,000
Market Action Index
Slight Seller's Advantage
43

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
$1,799,000 2,651 8,000 - 10,000 sqft 4 3 38 21 13 71
$1,299,000 1,860 6,500 - 8,000 sqft 4 3 55 28 18 47
$1,050,000 1,580 4,500 - 6,500 sqft 3 2 53 33 28 59
$799,888 1,282 4,500 - 6,500 sqft 3 2 53 24 28 48