Mary Pope-Handy's Market Report

San Jose, CA 95120

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com


San Jose, CA 95120

Fri Oct 30 2020
This week the median list price for San Jose, CA 95120 is $997,000 with the market action index hovering around 53. This is less than last month's market action index of 56. 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 started cooling and prices have recently plateaued. Since 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 95120

Fri Oct 30 2020
This week the median list price for San Jose, CA 95120 is $997,000 with the market action index hovering around 53. This is less than last month's market action index of 56. 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 started cooling and prices have recently plateaued. Since 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 $997,000
Per Square Foot $645
Days on Market 33
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $3,995
Most Expensive $1,079,950
Least Expensive $839,000
Market Action 53
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.