Mary Pope-Handy's Market Report

San Jose, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



San Jose, CA

Tue Jan 19 2021
This week the median list price for San Jose, CA is $1,249,900 with the market action index hovering around 78. This is less than last month's market action index of 81. Inventory has held steady at or around 213. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA

Tue Jan 19 2021
This week the median list price for San Jose, CA is $1,249,900 with the market action index hovering around 78. This is less than last month's market action index of 81. Inventory has held steady at or around 213. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,249,900
Per Square Foot $734
Days on Market 102
Price Decreased 14%
Price Increased 5%
Relisted 8%
Inventory 213
Median Rent $3,495
Most Expensive $9,500,000
Least Expensive $275,000
Market Action 78
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
$2,100,000 2,768 8,000 - 10,000 sqft 4 3 52 10 9 135
$1,375,000 1,796 4,500 - 6,500 sqft 4 2 60 20 12 112
$1,149,000 1,540 4,500 - 6,500 sqft 3 2 59 21 15 72
$854,975 1,273 4,500 - 6,500 sqft 3 2 63 24 17 89