Mary Pope-Handy's Market Report

San Jose, CA 95124

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



San Jose, CA 95124

Fri Sep 30 2022
This week the median list price for San Jose, CA 95124 is $1,798,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has decreased to 25. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

San Jose, CA 95124

Fri Sep 30 2022
This week the median list price for San Jose, CA 95124 is $1,798,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has decreased to 25. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,798,000
Median Price of New Listings $1,728,944
Per Square Foot $1,145
Average Days on Market 25
Median Days on Market 14
Price Decreased 44%
Price Increased 0%
Relisted 0%
Inventory 25
Median Rent
Market Action 72
Strong Seller's Market

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
$2,286,000 1,649 6,500 - 8,000 sqft 4 2.5 49 0 4 14
$1,874,000 1,650 6,500 - 8,000 sqft 4 2 63 1 4 21
$1,723,999 1,348 4,500 - 6,500 sqft 3 2 64 3 3 3
$1,350,000 1,355 6,500 - 8,000 sqft 3 2 63 2 3 42