Market Report - The Brasil Group

San Jose, CA 95128

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



San Jose, CA 95128

Tue May 18 2021
This week the median list price for San Jose, CA 95128 is $569,000 with the market action index hovering around 66. This is an increase over last month's market action index of 54. Inventory has decreased to 7. 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 95128

Tue May 18 2021
This week the median list price for San Jose, CA 95128 is $569,000 with the market action index hovering around 66. This is an increase over last month's market action index of 54. Inventory has decreased to 7. 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 $569,000
Median Price of New Listings $689,500
Per Square Foot $650
Average Days on Market 63
Median Days on Market 7
Price Decreased 14%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent $2,930
Market Action 66
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
$800,000 1,113 0 - 4,500 sqft 2 2 16 1 2 0
$689,500 1,043 0 - 4,500 sqft 2 1 17 1 1 21
$509,500 790 0 - 4,500 sqft 1 1 33 0 1 7
$426,400 658 0 - 4,500 sqft 1 1 33 0 1 192