Market Report - The Brasil Group

San Jose, CA 95128

Single-Family Homes

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 $1,673,940 with the market action index hovering around 92. This is an increase over last month's market action index of 91. Inventory has increased to 12. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

San Jose, CA 95128

Tue May 18 2021
This week the median list price for San Jose, CA 95128 is $1,673,940 with the market action index hovering around 92. This is an increase over last month's market action index of 91. Inventory has increased to 12. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,673,940
Median Price of New Listings $1,643,440
Per Square Foot $854
Average Days on Market 29
Median Days on Market 11
Price Decreased 17%
Price Increased 8%
Relisted 8%
Inventory 12
Median Rent $3,000
Market Action 92
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
$1,888,888 2,709 0.25 - 0.5 acre 4 3 64 1 0 14
$1,699,000 1,967 6,500 - 8,000 sqft 3 3 74 1 1 21
$1,588,000 1,497 8,000 - 10,000 sqft 3 2 66 1 2 7
$1,249,888 1,200 4,500 - 6,500 sqft 3 2 71 1 3 7