Mary Pope-Handy's Market Report

San Jose, CA 95119

Single-Family Homes

Christie's International Real Estate 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

Fri Jul 26 2024
This week the median list price for San Jose, CA 95119 is $1,479,888 with the market action index hovering around 80. This is less than last month's market action index of 84. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Jose, CA 95119

Fri Jul 26 2024
This week the median list price for San Jose, CA 95119 is $1,479,888 with the market action index hovering around 80. This is less than last month's market action index of 84. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,479,888
Median Price of New Listings $1,479,888
Per Square Foot $823
Average Days on Market 44
Median Days on Market 42
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 80
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,750,000 2,124 6,500 - 8,000 sqft 4 3 52 0 1 63
$1,479,888 1,811 4,500 - 6,500 sqft 5 3 54 1 1 42
$1,325,000 1,308 6,500 - 8,000 sqft 4 2 54 0 0 28