Market Report - The Brasil Group

San Jose, CA 95111

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95111

Sun Mar 03 2024
This week the median list price for San Jose, CA 95111 is $499,999 with the market action index hovering around 59. This is an increase over last month's market action index of 52. Inventory has decreased to 5. 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 95111

Sun Mar 03 2024
This week the median list price for San Jose, CA 95111 is $499,999 with the market action index hovering around 59. This is an increase over last month's market action index of 52. Inventory has decreased to 5. 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 $499,999
Median Price of New Listings $0
Per Square Foot $620
Average Days on Market 77
Median Days on Market 77
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 59
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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
$589,000 950 0 - 4,500 sqft 2 2 45 0 1 77
$524,888 762 0 - 4,500 sqft 2 1 42 0 0 161
$499,999 999 0 - 4,500 sqft 2 2 44 0 0 35
$497,000 773 0 - 4,500 sqft 1 1 39 0 0 56