Mary Pope-Handy's Market Report

San Jose, CA 95120

Single-Family Homes

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



San Jose, CA 95120

Tue Oct 19 2021
This week the median list price for San Jose, CA 95120 is $1,972,000 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has decreased to 20. 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 95120

Tue Oct 19 2021
This week the median list price for San Jose, CA 95120 is $1,972,000 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has decreased to 20. 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 $1,972,000
Median Price of New Listings $2,188,888
Per Square Foot $865
Average Days on Market 42
Median Days on Market 25
Price Decreased 20%
Price Increased 0%
Relisted 5%
Inventory 20
Median Rent $4,250
Market Action 80
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$3,649,000 4,204 2.5 - 5 acres 5 4 29 2 1 7
$1,999,000 2,054 8,000 - 10,000 sqft 4 3 48 3 1 0
$1,788,000 2,280 8,000 - 10,000 sqft 5 3 52 1 2 42
$1,524,999 1,820 4,500 - 6,500 sqft 4 2 50 1 2 28