Fri Apr 23 2021
This week the median list price for San Jose, CA is $1,396,944 with the market action index hovering around 97. This is an increase over last month's market action index of 90. Inventory has held steady at or around 278.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,396,944|
|Per Square Foot||$763|
|Days on Market||7|
|Strong Seller's Market|
Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,095,000||2,677||8,000 - 10,000 sqft||4||3||59||33||23||7|
|$1,588,000||1,887||4,500 - 6,500 sqft||4||3||53||40||32||0|
|$1,199,894||1,556||4,500 - 6,500 sqft||3||2||54||31||39||7|
|$899,888||1,336||4,500 - 6,500 sqft||3||2||62||26||22||7|