Mary Pope-Handy's Market Report

San Jose, CA 95124

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95124

Thu Aug 06 2020
This week the median list price for San Jose, CA 95124 is $1,418,975 with the market action index hovering around 68. This is an increase over last month's market action index of 60. Inventory has held steady at or around 36. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

San Jose, CA 95124

Thu Aug 06 2020
This week the median list price for San Jose, CA 95124 is $1,418,975 with the market action index hovering around 68. This is an increase over last month's market action index of 60. Inventory has held steady at or around 36. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,418,975
Per Square Foot $794
Days on Market 50
Price Decreased 28%
Price Increased 3%
Relisted 6%
Inventory 36
Median Rent $4,200
Most Expensive $5,575,000
Least Expensive $998,999
Market Action 68
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,100,000 2,383 0.25 - 0.5 acre 4 3 59 2 4 17
$1,489,000 1,913 4,500 - 6,500 sqft 4 3 60 5 5 46
$1,388,888 1,400 6,500 - 8,000 sqft 4 2 63 2 4 66
$1,198,000 1,696 4,500 - 6,500 sqft 3 2 63 1 4 71