Mary Pope-Handy's Market Report for San Jose, CA 95119

Mary Pope-Handy's Market Report

San Jose, CA 95119

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today

Last Month

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

Median List Price		$949,888
Per Square Foot		$599
Days on Market		78
Price Decreased		57%
Price Increased		0%
Relisted		14%
Inventory		7
Median House Rent		$3,775
Most Expensive		$1,248,000
Least Expensive		$878,000
Market Action Index Strong Seller's Market		58

Median List Price

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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	DOM
$1,248,000	2,253	4,500 - 6,500 sqft	5	3	49	0	91
$979,999	1,586	4,500 - 6,500 sqft	4	2	49	0	164
$939,943	1,700	6,500 - 8,000 sqft	4	2	49	2	17
$888,950	1,161	4,500 - 6,500 sqft	3	2	48	0	45

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	DOM
$1,248,000	2,253	4,500 - 6,500 sqft	5	3	49	0	91
$979,999	1,586	4,500 - 6,500 sqft	4	2	49	0	164
$939,943	1,700	6,500 - 8,000 sqft	4	2	49	2	17
$888,950	1,161	4,500 - 6,500 sqft	3	2	48	0	45

Median Price	Top $1,248,000	Upper $979,999	Lower $939,943	Bottom $888,950
Sq. Ft.	2,253	1,586	1,700	1,161
Lot Size	4,500 - 6,500 sqft	4,500 - 6,500 sqft	6,500 - 8,000 sqft	4,500 - 6,500 sqft
Beds	5	4	4	3
Baths	3	2	2	2
Age	49	49	49	48
New	0	0	2	0
Absorbed	0	0	0	0
DOM	91	164	17	45