Andy Sweat

San Jose, CA

Single-Family Homes

Realtor, Top Producer | Keller Williams Bay Area Estates



San Jose, CA

Mon Jul 06 2020
This week the median list price for San Jose, CA is $1,250,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 544. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Jose, CA

Mon Jul 06 2020
This week the median list price for San Jose, CA is $1,250,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 544. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,250,000
Per Square Foot $704
Days on Market 63
Price Decreased 23%
Price Increased 4%
Relisted 5%
Inventory 544
Median Rent $3,575
Most Expensive $12,500,000
Least Expensive $275,000
Market Action 46
Strong Seller's Market

The market appears to be 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
$2,262,500 3,090 8,000 - 10,000 sqft 4 4 41 17 23 77
$1,399,000 1,861 6,500 - 8,000 sqft 4 3 56 22 26 63
$1,099,950 1,617 4,500 - 6,500 sqft 3 2 52 30 46 45
$882,444 1,282 4,500 - 6,500 sqft 3 2 54 27 32 64