Mary Pope-Handy's Market Report

San Jose, CA 95129

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



San Jose, CA 95129

Fri Jun 21 2024
This week the median list price for San Jose, CA 95129 is $2,588,888 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has increased to 13. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

San Jose, CA 95129

Fri Jun 21 2024
This week the median list price for San Jose, CA 95129 is $2,588,888 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has increased to 13. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $2,588,888
Median Price of New Listings $2,599,500
Per Square Foot $1,324
Average Days on Market 36
Median Days on Market 14
Price Decreased 38%
Price Increased 8%
Relisted 0%
Inventory 13
Median Rent
Market Action 83
Strong Seller's Market

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
$3,698,888 2,032 6,500 - 8,000 sqft 4 3 35 0 0 21
$2,700,000 2,239 4,500 - 6,500 sqft 4 3 59 2 1 0
$2,499,000 2,102 8,000 - 10,000 sqft 5 3 64 1 2 7
$1,848,000 1,483 4,500 - 6,500 sqft 3 2 66 1 0 35