Mary Pope-Handy's Market Report

San Jose, CA 95120

Single-Family Homes

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



San Jose, CA 95120

Mon Oct 03 2022
This week the median list price for San Jose, CA 95120 is $2,497,500 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 36. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA 95120

Mon Oct 03 2022
This week the median list price for San Jose, CA 95120 is $2,497,500 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 36. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $2,497,500
Median Price of New Listings $2,600,000
Per Square Foot $877
Average Days on Market 62
Median Days on Market 28
Price Decreased 28%
Price Increased 6%
Relisted 11%
Inventory 36
Median Rent
Market Action 49
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$4,648,500 5,165 2.5 - 5 acres 5 5 21 0 0 98
$2,848,000 3,697 0.25 - 0.5 acre 5 4 43 4 2 14
$2,200,000 2,466 8,000 - 10,000 sqft 4 3 47 2 3 49
$1,850,000 1,899 4,500 - 6,500 sqft 4 3 56 1 3 14