Mary Pope-Handy's Market Report

San Jose, CA 95119

Single-Family Homes

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



San Jose, CA 95119

Mon Mar 01 2021
This week the median list price for San Jose, CA 95119 is $1,231,944 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has held steady at or around 4. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

San Jose, CA 95119

Mon Mar 01 2021
This week the median list price for San Jose, CA 95119 is $1,231,944 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has held steady at or around 4. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,231,944
Per Square Foot $661
Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 25%
Inventory 4
Median Rent $2,650
Most Expensive $1,350,000
Least Expensive $1,125,000
Market Action 67
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 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
$1,350,000 2,324 4,500 - 6,500 sqft 4 3 49 0 0 168
$1,288,888 2,181 4,500 - 6,500 sqft 5 3 51 1 0 0
$1,175,000 1,601 4,500 - 6,500 sqft 4 2 51 1 0 0
$1,125,000 1,497 0 - 4,500 sqft 3 3 25 1 0 0