Fri Feb 28 2020
This week the median list price for San Jose, CA 95119 is $1,094,500 with the market action index hovering around 61. This is an increase over last month's market action index of 30. Inventory has held steady at or around 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,094,500|
|Per Square Foot||$555|
|Days on Market||2|
|Strong Seller's Market|
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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||2,563||4,500 - 6,500 sqft||5||3||48||1||0||0|
|$1,100,000||2,181||4,500 - 6,500 sqft||4||3||50||1||0||0|
|$1,089,000||1,860||6,500 - 8,000 sqft||4||2||51||0||1||7|
|$988,000||1,511||4,500 - 6,500 sqft||3||2||52||1||1||0|