Mary Pope-Handy's Market Report

San Jose, CA 95124

Single-Family Homes

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



San Jose, CA 95124

Tue Sep 28 2021
This week the median list price for San Jose, CA 95124 is $1,498,000 with the market action index hovering around 78. This is an increase over last month's market action index of 73. Inventory has decreased to 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

San Jose, CA 95124

Tue Sep 28 2021
This week the median list price for San Jose, CA 95124 is $1,498,000 with the market action index hovering around 78. This is an increase over last month's market action index of 73. Inventory has decreased to 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,498,000
Median Price of New Listings $1,437,500
Per Square Foot $984
Average Days on Market 36
Median Days on Market 7
Price Decreased 4%
Price Increased 11%
Relisted 4%
Inventory 27
Median Rent $4,050
Market Action 78
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
$2,074,000 2,692 8,000 - 10,000 sqft 4 3 61 1 4 52
$1,650,000 1,608 6,500 - 8,000 sqft 4 2 62 3 2 7
$1,400,000 1,506 4,500 - 6,500 sqft 3 2 62 4 3 0
$1,275,000 1,248 4,500 - 6,500 sqft 3 2 63 4 2 0