Market Report - The Brasil Group

San Jose, CA 95116

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95116

Thu Jan 20 2022
This week the median list price for San Jose, CA 95116 is $1,048,939 with the market action index hovering around 61. This is less than last month's market action index of 68. Inventory has held steady at or around 4. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA 95116

Thu Jan 20 2022
This week the median list price for San Jose, CA 95116 is $1,048,939 with the market action index hovering around 61. This is less than last month's market action index of 68. Inventory has held steady at or around 4. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,048,939
Median Price of New Listings $1,073,884
Per Square Foot $646
Average Days on Market 172
Median Days on Market 77
Price Decreased 0%
Price Increased 25%
Relisted 25%
Inventory 4
Median Rent $2,345
Market Action 61
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
$1,148,888 1,860 4,500 - 6,500 sqft 4 3 100 1 0 0
$1,098,998 1,626 0 - 4,500 sqft 4 3 26 0 1 154
$998,880 1,816 0 - 4,500 sqft 4 3 16 1 0 0
$998,000 1,066 4,500 - 6,500 sqft 3 0 NaN 0 0 532