Market Report - The Brasil Group

San Jose, CA 95129

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95129

Mon May 17 2021
This week the median list price for San Jose, CA 95129 is $2,197,888 with the market action index hovering around 90. This is an increase over last month's market action index of 85. Inventory has decreased to 7. 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 May 17 2021
This week the median list price for San Jose, CA 95129 is $2,197,888 with the market action index hovering around 90. This is an increase over last month's market action index of 85. Inventory has decreased to 7. 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 $2,197,888
Median Price of New Listings $1,998,000
Per Square Foot $1,042
Average Days on Market 12
Median Days on Market 0
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $4,400
Market Action 90
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,788,000 2,971 6,500 - 8,000 sqft 4 3 32 0 0 49
$2,394,000 2,378 8,000 - 10,000 sqft 4 3 60 1 2 7
$2,097,944 1,689 6,500 - 8,000 sqft 3 2 56 2 2 10
$1,893,000 1,721 4,500 - 6,500 sqft 4 2 63 2 3 0