Intero's Market Report

San Jose, CA

Single-Family Homes



San Jose, CA

Wed Sep 22 2021
This week the median list price for San Jose, CA is $1,388,000 with the market action index hovering around 76. This is an increase over last month's market action index of 72. Inventory has decreased to 345. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA

Wed Sep 22 2021
This week the median list price for San Jose, CA is $1,388,000 with the market action index hovering around 76. This is an increase over last month's market action index of 72. Inventory has decreased to 345. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,388,000
Median Price of New Listings $1,388,000
Per Square Foot $809
Average Days on Market 48
Median Days on Market 14
Price Decreased 19%
Price Increased 7%
Relisted 7%
Inventory 345
Median Rent $3,600
Market Action 76
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$2,182,000 2,417 8,000 - 10,000 sqft 4 3 53 31 17 21
$1,549,944 1,913 6,500 - 8,000 sqft 4 3 53 36 33 7
$1,249,000 1,578 4,500 - 6,500 sqft 4 2 53 36 33 14
$950,000 1,254 4,500 - 6,500 sqft 3 2 60 30 29 28