Mary Pope-Handy's Market Report

San Jose, CA 95118

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Jose, CA 95118

Sat Dec 07 2019
This week the median list price for San Jose, CA 95118 is $1,188,500 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has held steady at or around 18. 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 95118

Sat Dec 07 2019
This week the median list price for San Jose, CA 95118 is $1,188,500 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has held steady at or around 18. 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 $1,188,500
Per Square Foot $678
Days on Market 75
Price Decreased 39%
Price Increased 0%
Relisted 17%
Inventory 18
Median Rent $3,695
Most Expensive $1,398,000
Least Expensive $800,000
Market Action 57
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,372,499 2,263 6,500 - 8,000 sqft 4 2 54 2 0 15
$1,254,500 2,016 4,500 - 6,500 sqft 4 3 58 0 1 115
$1,149,000 1,400 4,500 - 6,500 sqft 4 2 55 0 3 71
$998,000 1,408 4,500 - 6,500 sqft 4 2 55 1 3 93