Market Report - The Brasil Group

San Jose, CA 95112

Condos/Townhomes

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 $699,888 with the market action index hovering around 68. This is an increase over last month's market action index of 64. Inventory has increased to 9. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

San Jose, CA 95112

Sat Apr 13 2024
This week the median list price for San Jose, CA 95112 is $699,888 with the market action index hovering around 68. This is an increase over last month's market action index of 64. Inventory has increased to 9. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $699,888
Median Price of New Listings $706,943
Per Square Foot $656
Average Days on Market 43
Median Days on Market 7
Price Decreased 11%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 68
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$895,000 1,711 0 - 4,500 sqft 2 2.3 27 0 0 21
$761,999 1,101 0 - 4,500 sqft 2 2 17 2 0 0
$694,444 1,144 0 - 4,500 sqft 2 2.3 28 0 0 129
$530,000 710 0 - 4,500 sqft 1 1 19 2 0 0