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

Sat Nov 27 2021
This week the median list price for San Jose, CA 95119 is $998,000 with the market action index hovering around 88. This is an increase over last month's market action index of 30. Inventory has increased 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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

Sat Nov 27 2021
This week the median list price for San Jose, CA 95119 is $998,000 with the market action index hovering around 88. This is an increase over last month's market action index of 30. Inventory has increased 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $998,000
Median Price of New Listings $998,000
Per Square Foot $762
Average Days on Market 7
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent $4,195
Market Action 88
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this 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 Absorbed DOM
$998,000 1,308 4,500 - 6,500 sqft 3 2 51 1 3 7
$1,495,000 1,516 4,500 - 6,500 sqft 4 2 51 0 1 14
$998,000 1,308 4,500 - 6,500 sqft 3 2 45 1 1 0
$799,000 1,137 4,500 - 6,500 sqft 3 2 51 0 1 7