Market Report - The Brasil Group

San Jose, CA 95129

Condos/Townhomes

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 $767,000 with the market action index hovering around 70. This is less than last month's market action index of 71. Inventory has decreased to 8. 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 95129

Mon May 17 2021
This week the median list price for San Jose, CA 95129 is $767,000 with the market action index hovering around 70. This is less than last month's market action index of 71. Inventory has decreased to 8. 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 $767,000
Median Price of New Listings $785,000
Per Square Foot $770
Average Days on Market 42
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent $2,245
Market Action 70
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. 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
$908,500 1,114 0 - 4,500 sqft 2 2 41 0 2 31
$787,444 968 0 - 4,500 sqft 2 1 57 1 1 94
$678,000 900 0 - 4,500 sqft 1 1 54 0 1 21
$562,000 869 0 - 4,500 sqft 1 1 45 0 0 21