Mary Pope-Handy's Market Report

San Jose, CA 95138

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95138

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

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

San Jose, CA 95138

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

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,699,000
Per Square Foot $644
Days on Market 86
Price Decreased 24%
Price Increased 6%
Relisted 6%
Inventory 17
Median House Rent $4,200
Most Expensive $3,588,000
Least Expensive $795,000
Market Action Index
Slight Seller's Advantage
44

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,574,944 3,873 0.25 - 0.5 acre 4 4 23 2 1 119
$1,896,944 2,919 8,000 - 10,000 sqft 3 4 24 3 0 75
$1,544,000 2,485 4,500 - 6,500 sqft 4 3 22 1 0 84
$949,888 1,457 0 - 4,500 sqft 3 3 22 1 1 71