Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Tue Mar 19 2024
This week the median list price for San Jose, CA is $1,599,999 with the market action index hovering around 72. This is an increase over last month's market action index of 64. Inventory has increased to 198. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

San Jose, CA

Tue Mar 19 2024
This week the median list price for San Jose, CA is $1,599,999 with the market action index hovering around 72. This is an increase over last month's market action index of 64. Inventory has increased to 198. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,599,999
Median Price of New Listings $1,562,000
Per Square Foot $940
Average Days on Market 69
Median Days on Market 7
Price Decreased 13%
Price Increased 3%
Relisted 4%
Inventory 198
Median Rent
Market Action 72
Strong Seller's Market

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
$2,998,000 2,909 8,000 - 10,000 sqft 4 3 50 12 10 14
$1,850,000 2,006 6,500 - 8,000 sqft 4 2.5 55 19 20 7
$1,475,000 1,624 4,500 - 6,500 sqft 3 2 58 31 25 0
$999,000 1,269 4,500 - 6,500 sqft 3 2 65 18 16 14