Market Report - The Brasil Group

San Jose, CA 95128

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95128

Sat Nov 27 2021
This week the median list price for San Jose, CA 95128 is $1,688,000 with the market action index hovering around 82. This is less than last month's market action index of 85. Inventory has held steady at or around 9. 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 95128

Sat Nov 27 2021
This week the median list price for San Jose, CA 95128 is $1,688,000 with the market action index hovering around 82. This is less than last month's market action index of 85. Inventory has held steady at or around 9. 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 $1,688,000
Median Price of New Listings $1,584,000
Per Square Foot $905
Average Days on Market 94
Median Days on Market 35
Price Decreased 33%
Price Increased 22%
Relisted 11%
Inventory 9
Median Rent $2,800
Market Action 82
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,443,900 3,230 6,500 - 8,000 sqft 4 3.5 31 0 0 133
$1,899,500 1,527 0.25 - 0.5 acre 3 2 70 1 0 182
$1,669,000 2,022 8,000 - 10,000 sqft 4 3 71 1 0 84
$1,480,000 1,635 4,500 - 6,500 sqft 3 2 73 2 1 14