Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Thu Jan 17 2019
This week the median list price for San Jose, CA is $1,069,400 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has held steady at or around 322. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA

Thu Jan 17 2019
This week the median list price for San Jose, CA is $1,069,400 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has held steady at or around 322. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,069,400
Per Square Foot $668
Days on Market 71
Price Decreased 34%
Price Increased 4%
Relisted 6%
Inventory 322
Median House Rent $3,400
Most Expensive $5,900,000
Least Expensive $598,800
Market Action Index
Strong Seller's Market
52

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
$1,633,950 2,468 8,000 - 10,000 sqft 4 3 53 10 9 82
$1,191,944 1,690 4,500 - 6,500 sqft 4 2 50 10 10 66
$949,800 1,548 4,500 - 6,500 sqft 4 2 48 24 17 64
$790,000 1,198 4,500 - 6,500 sqft 3 2 57 16 7 74