Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Wed Mar 20 2019
This week the median list price for San Jose, CA is $1,149,000 with the market action index hovering around 62. This is an increase over last month's market action index of 57. Inventory has held steady at or around 421. 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

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

Wed Mar 20 2019
This week the median list price for San Jose, CA is $1,149,000 with the market action index hovering around 62. This is an increase over last month's market action index of 57. Inventory has held steady at or around 421. 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

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 $1,149,000
Per Square Foot $678
Days on Market 51
Price Decreased 24%
Price Increased 3%
Relisted 10%
Inventory 421
Median House Rent $3,395
Most Expensive $5,200,000
Least Expensive $599,000
Market Action Index
Strong Seller's Market
62

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
$1,738,000 2,575 8,000 - 10,000 sqft 4 3 48 31 33 52
$1,288,000 1,826 4,500 - 6,500 sqft 4 3 56 25 31 50
$1,048,000 1,608 4,500 - 6,500 sqft 3 2 51 35 25 40
$830,450 1,328 4,500 - 6,500 sqft 3 2 51 23 28 60