Mary Pope-Handy's Market Report

San Jose, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA

Wed Dec 11 2019
This week the median list price for San Jose, CA is $1,099,950 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 411. 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

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 Dec 11 2019
This week the median list price for San Jose, CA is $1,099,950 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 411. 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

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 $1,099,950
Per Square Foot $644
Days on Market 78
Price Decreased 33%
Price Increased 4%
Relisted 9%
Inventory 411
Median Rent $3,495
Most Expensive $9,000,000
Least Expensive $275,000
Market Action 49
Strong Seller's Market

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
$1,936,500 2,937 8,000 - 10,000 sqft 4 3 33 5 16 103
$1,275,000 2,079 4,500 - 6,500 sqft 4 3 50 9 21 73
$998,000 1,538 4,500 - 6,500 sqft 3 2 51 9 14 70
$799,888 1,288 4,500 - 6,500 sqft 3 2 54 11 22 64