Mary Pope-Handy's Market Report

San Jose, CA 95129

Single-Family Homes

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



San Jose, CA 95129

Mon Oct 03 2022
This week the median list price for San Jose, CA 95129 is $2,395,000 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has increased to 9. 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 95129

Mon Oct 03 2022
This week the median list price for San Jose, CA 95129 is $2,395,000 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has increased to 9. 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 $2,395,000
Median Price of New Listings $2,398,000
Per Square Foot $1,228
Average Days on Market 20
Median Days on Market 14
Price Decreased 11%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent
Market Action 77
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
$2,674,444 1,705 6,500 - 8,000 sqft 4 2 57 1 0 3
$2,423,000 1,901 8,000 - 10,000 sqft 4 2.5 63 1 1 35
$2,247,500 1,688 6,500 - 8,000 sqft 4 2.5 61 0 0 35
$1,649,000 1,547 6,500 - 8,000 sqft 3 2 63 1 0 14