Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Thu Apr 02 2020
This week the median list price for San Jose, CA is $1,249,944 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has held steady at or around 342. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

San Jose, CA

Thu Apr 02 2020
This week the median list price for San Jose, CA is $1,249,944 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has held steady at or around 342. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,249,944
Per Square Foot $697
Days on Market 61
Price Decreased 11%
Price Increased 3%
Relisted 5%
Inventory 342
Median Rent $3,650
Most Expensive $12,500,000
Least Expensive $275,000
Market Action 64
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$2,340,000 3,178 8,000 - 10,000 sqft 5 4 24 10 23 72
$1,439,000 1,968 6,500 - 8,000 sqft 4 3 54 12 30 65
$1,099,000 1,623 4,500 - 6,500 sqft 3 2 52 22 29 43
$848,000 1,286 4,500 - 6,500 sqft 3 2 58 18 23 63