Market Report - The Brasil Group

San Jose, CA 95128

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95128

Sat Feb 27 2021
This week the median list price for San Jose, CA 95128 is $569,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 17. 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.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA 95128

Sat Feb 27 2021
This week the median list price for San Jose, CA 95128 is $569,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 17. 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.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $569,000
Per Square Foot $655
Days on Market 63
Price Decreased 24%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent $2,899
Most Expensive $2,200,000
Least Expensive $439,000
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$962,000 1,205 0 - 4,500 sqft 2 2 29 1 2 56
$577,000 922 0 - 4,500 sqft 2 2 33 0 0 49
$561,975 922 0 - 4,500 sqft 2 2 33 0 0 24
$449,888 658 0 - 4,500 sqft 1 1 33 2 0 105