Mary Pope-Handy's Market Report

San Jose, CA 95119

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Current active inventory in San Jose, CA 95119 is very low. Keep this in mind when looking at this report.

San Jose, CA 95119

Mon Jun 05 2023
This week the median list price for San Jose, CA 95119 is $1,535,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 3. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 95119

Mon Jun 05 2023
This week the median list price for San Jose, CA 95119 is $1,535,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 3. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $1,535,000
Median Price of New Listings $0
Per Square Foot $820
Average Days on Market 19
Median Days on Market 21
Price Decreased 33%
Price Increased 33%
Relisted 0%
Inventory 3
Median Rent
Market Action 51
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,650,000 2,010 6,500 - 8,000 sqft 5 2 51 0 0 21
$1,535,000 2,368 4,500 - 6,500 sqft 4 2.5 43 0 1 28
$1,150,000 1,067 4,500 - 6,500 sqft 3 2 53 0 1 7