Market Report - The Brasil Group

San Jose, CA 95112

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95112

Sat Apr 13 2024
This week the median list price for San Jose, CA 95112 is $1,279,440 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 16. 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 95112

Sat Apr 13 2024
This week the median list price for San Jose, CA 95112 is $1,279,440 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 16. 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 $1,279,440
Median Price of New Listings $1,693,944
Per Square Foot $724
Average Days on Market 48
Median Days on Market 25
Price Decreased 25%
Price Increased 13%
Relisted 13%
Inventory 16
Median Rent
Market Action 53
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,749,943 2,702 6,500 - 8,000 sqft 6 4 116 1 0 35
$1,321,500 1,779 4,500 - 6,500 sqft 4 2.3 47 1 0 7
$1,174,500 1,531 4,500 - 6,500 sqft 3 3 103 0 0 35
$948,388 1,366 4,500 - 6,500 sqft 2 1 111 0 0 56