Mary Pope-Handy's Market Report
San Jose, CA 95119
Single-Family Homes
Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com
San Jose, CA 95119
Mon Apr 06 2020
This week the median list price for San Jose, CA 95119 is $1,024,000 with the market action index hovering around 68. This is less than last month's market action index of 72. Inventory has held steady at or around 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $1,024,000 | |
| Per Square Foot | $615 | |
| Days on Market | 9 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median Rent | $3,195 | |
| Most Expensive | $1,175,000 | |
| Least Expensive | $925,000 | |
| Market Action | 68 | |
| Strong Seller's Market | ||
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,175,000 | 2,039 | 0 - 4,500 sqft | 4 | 3 | 24 | 0 | 0 | 7 |
| $1,168,000 | 2,039 | 0 - 4,500 sqft | 4 | 3 | 24 | 0 | 0 | 21 |
| $1,024,000 | 1,751 | 4,500 - 6,500 sqft | 3 | 2 | 49 | 1 | 0 | 7 |
| $937,000 | 1,358 | 4,500 - 6,500 sqft | 3 | 2 | 50 | 0 | 0 | 7 |