Market Report - The Brasil Group

San Jose, CA 95112

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95112

Fri Mar 29 2024
This week the median list price for San Jose, CA 95112 is $1,270,000 with the market action index hovering around 57. This is an increase over last month's market action index of 52. Inventory has increased to 13. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

San Jose, CA 95112

Fri Mar 29 2024
This week the median list price for San Jose, CA 95112 is $1,270,000 with the market action index hovering around 57. This is an increase over last month's market action index of 52. Inventory has increased to 13. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,270,000
Median Price of New Listings $1,298,000
Per Square Foot $741
Average Days on Market 46
Median Days on Market 21
Price Decreased 23%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Market Action 57
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,800,000 3,800 8,000 - 10,000 sqft 6 3.5 104 0 1 28
$1,348,000 1,961 4,500 - 6,500 sqft 4 2.5 72 2 1 0
$1,199,888 1,618 4,500 - 6,500 sqft 4 3 104 0 0 35
$948,388 1,366 4,500 - 6,500 sqft 2 1 111 1 2 42