Market Report - The Brasil Group

San Jose, CA 95124

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Current active inventory in San Jose, CA 95124 is very low. Keep this in mind when looking at this report.

San Jose, CA 95124

Wed Jun 16 2021
This week the median list price for San Jose, CA 95124 is $962,000 with the market action index hovering around 84. This is an increase over last month's market action index of 78. Inventory has decreased to 2. 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 95124

Wed Jun 16 2021
This week the median list price for San Jose, CA 95124 is $962,000 with the market action index hovering around 84. This is an increase over last month's market action index of 78. Inventory has decreased to 2. 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 $962,000
Median Price of New Listings $625,000
Per Square Foot $651
Average Days on Market 11
Median Days on Market 11
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $2,298
Market Action 84
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$962,000 1,624 0 - 4,500 sqft 3 3 31 1 2 10
$1,299,000 2,438 0 - 4,500 sqft 4 5 14 0 1 21
$625,000 810 0 - 4,500 sqft 2 1 48 1 1 0