Phillip & Stella Ralph

San Jose, CA 95120

Single-Family Homes



San Jose, CA 95120

Mon Jul 06 2020
This week the median list price for San Jose, CA 95120 is $1,551,900 with the market action index hovering around 47. This is an increase over last month's market action index of 43. Inventory has held steady at or around 40. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA 95120

Mon Jul 06 2020
This week the median list price for San Jose, CA 95120 is $1,551,900 with the market action index hovering around 47. This is an increase over last month's market action index of 43. Inventory has held steady at or around 40. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,551,900
Per Square Foot $688
Days on Market 54
Price Decreased 30%
Price Increased 3%
Relisted 5%
Inventory 40
Median Rent $3,725
Most Expensive $4,100,000
Least Expensive $879,888
Market Action 47
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$2,539,000 3,892 0.25 - 0.5 acre 5 5 5 0 1 65
$1,872,444 2,766 0.25 - 0.5 acre 4 3 45 4 5 35
$1,459,750 2,059 8,000 - 10,000 sqft 4 3 42 0 2 37
$1,124,238 1,537 6,500 - 8,000 sqft 3 2 53 4 5 77