Intero's Market Report

San Jose, CA

Single-Family Homes



San Jose, CA

Sat Jun 12 2021
This week the median list price for San Jose, CA is $1,350,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has held steady at or around 292. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Jose, CA

Sat Jun 12 2021
This week the median list price for San Jose, CA is $1,350,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has held steady at or around 292. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,350,000
Median Price of New Listings $1,299,919
Per Square Foot $766
Average Days on Market 34
Median Days on Market 7
Price Decreased 9%
Price Increased 6%
Relisted 7%
Inventory 292
Median Rent $3,600
Market Action 100
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,190,000 2,488 6,500 - 8,000 sqft 4 3 51 32 31 7
$1,499,000 2,004 4,500 - 6,500 sqft 4 3 59 33 38 7
$1,248,888 1,630 4,500 - 6,500 sqft 4 2 51 31 38 7
$995,000 1,319 4,500 - 6,500 sqft 3 2 53 40 45 0