Market Report - The Brasil Group

San Jose, CA 95124

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95124

Wed Jun 16 2021
This week the median list price for San Jose, CA 95124 is $1,499,000 with the market action index hovering around 94. This is about the same as last month's market action index of 94. Inventory has decreased to 21. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

San Jose, CA 95124

Wed Jun 16 2021
This week the median list price for San Jose, CA 95124 is $1,499,000 with the market action index hovering around 94. This is about the same as last month's market action index of 94. Inventory has decreased to 21. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,499,000
Median Price of New Listings $1,498,000
Per Square Foot $881
Average Days on Market 13
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 5%
Inventory 21
Median Rent $3,750
Market Action 94
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$1,988,000 2,466 6,500 - 8,000 sqft 4 3 56 1 1 7
$1,688,888 2,030 6,500 - 8,000 sqft 3 2 62 2 2 7
$1,475,000 1,704 6,500 - 8,000 sqft 3 2 64 2 4 7
$1,297,000 1,174 4,500 - 6,500 sqft 3 2 61 4 4 0