Mary Pope-Handy's Market Report

San Jose, CA 95120

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95120

Fri Dec 06 2019
This week the median list price for San Jose, CA 95120 is $1,699,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has held steady at or around 31. 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.

Slight Seller's Advantage

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 95120

Fri Dec 06 2019
This week the median list price for San Jose, CA 95120 is $1,699,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has held steady at or around 31. 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.

Slight Seller's Advantage

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 $1,699,000
Per Square Foot $686
Days on Market 101
Price Decreased 35%
Price Increased 0%
Relisted 10%
Inventory 31
Median Rent $4,100
Most Expensive $3,500,000
Least Expensive $983,000
Market Action 44
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,598,000 4,305 0.5 - 1 acre 4 5 13 0 1 165
$2,099,500 3,127 8,000 - 10,000 sqft 5 4 35 0 1 80
$1,524,475 2,089 8,000 - 10,000 sqft 4 3 50 0 2 89
$1,224,444 1,760 4,500 - 6,500 sqft 4 3 40 1 3 77