Market Report - The Brasil Group

San Jose, CA 95112

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95112

Sun Aug 01 2021
This week the median list price for San Jose, CA 95112 is $1,093,444 with the market action index hovering around 70. This is less than last month's market action index of 72. Inventory has increased to 26. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA 95112

Sun Aug 01 2021
This week the median list price for San Jose, CA 95112 is $1,093,444 with the market action index hovering around 70. This is less than last month's market action index of 72. Inventory has increased to 26. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,093,444
Median Price of New Listings $1,098,000
Per Square Foot $773
Average Days on Market 43
Median Days on Market 7
Price Decreased 4%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent $2,673
Market Action 70
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
$1,818,500 2,852 4,500 - 6,500 sqft 7 3 112 1 2 77
$1,112,499 1,504 6,500 - 8,000 sqft 3 2 85 3 4 3
$1,048,800 1,200 4,500 - 6,500 sqft 3 2 103 2 3 7
$898,998 1,000 4,500 - 6,500 sqft 2 2 109 3 4 7