Market Report - The Brasil Group

San Jose, CA 95138

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95138

Thu Mar 28 2024
This week the median list price for San Jose, CA 95138 is $2,998,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 7. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

San Jose, CA 95138

Thu Mar 28 2024
This week the median list price for San Jose, CA 95138 is $2,998,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 7. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $2,998,000
Median Price of New Listings $2,742,500
Per Square Foot $1,026
Average Days on Market 133
Median Days on Market 35
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 46
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. 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
$6,995,000 1,200 N/A 2 1 30 0 0 189
$3,593,000 3,602 0.25 - 0.5 acre 4 3.8 27 1 0 304
$2,373,500 2,257 6,500 - 8,000 sqft 3 3 27 0 1 21
$1,536,000 2,064 4,500 - 6,500 sqft 4 2.5 29 1 0 45