Market Report - The Brasil Group

San Jose, CA 95112

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95112

Wed Jun 16 2021
This week the median list price for San Jose, CA 95112 is $711,944 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has decreased to 12. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Jose, CA 95112

Wed Jun 16 2021
This week the median list price for San Jose, CA 95112 is $711,944 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has decreased to 12. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $711,944
Median Price of New Listings $899,000
Per Square Foot $669
Average Days on Market 47
Median Days on Market 46
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $2,206
Market Action 59
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$1,199,000 1,825 0 - 4,500 sqft 3 4 0 0 2 84
$820,000 1,203 0 - 4,500 sqft 2 2 16 1 4 63
$619,000 858 0 - 4,500 sqft 2 1 25 0 1 42
$449,000 667 0 - 4,500 sqft 1 1 16 0 2 28