Mary Pope-Handy's Market Report

San Jose, CA 95138

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95138

Mon May 20 2019
This week the median list price for San Jose, CA 95138 is $2,249,444 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 18. 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

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

Mon May 20 2019
This week the median list price for San Jose, CA 95138 is $2,249,444 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 18. 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

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 $2,249,444
Per Square Foot $587
Days on Market 41
Price Decreased 33%
Price Increased 11%
Relisted 11%
Inventory 18
Median House Rent $3,498
Most Expensive $3,298,888
Least Expensive $1,225,000
Market Action Index
Strong Seller's Market
60

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
$3,143,000 5,151 0.25 - 0.5 acre 5 5 21 0 0 22
$2,543,444 4,447 0.25 - 0.5 acre 5 4 19 1 0 29
$1,748,000 3,188 6,500 - 8,000 sqft 4 3 15 2 0 28
$1,389,999 2,485 4,500 - 6,500 sqft 4 2 21 1 2 78