Market Report - The Brasil Group

San Jose, CA 95117

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95117

Sun Mar 07 2021
This week the median list price for San Jose, CA 95117 is $1,299,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has held steady at or around 5. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Jose, CA 95117

Sun Mar 07 2021
This week the median list price for San Jose, CA 95117 is $1,299,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has held steady at or around 5. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,299,000
Per Square Foot $948
Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent $3,995
Most Expensive $1,599,000
Least Expensive $990,000
Market Action 77
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,599,000 2,098 6,500 - 8,000 sqft 5 3 58 1 0 0
$1,500,000 1,422 6,500 - 8,000 sqft 3 2 73 0 0 7
$1,299,000 1,369 4,500 - 6,500 sqft 3 2 64 1 1 0
$1,139,000 1,358 4,500 - 6,500 sqft 3 2 45 1 0 7