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 Jul 11 2020
This week the median list price for San Jose, CA 95118 is $1,250,000 with the market action index hovering around 57. This is an increase over last month's market action index of 50. Inventory has held steady at or around 23. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA 95118

Sat Jul 11 2020
This week the median list price for San Jose, CA 95118 is $1,250,000 with the market action index hovering around 57. This is an increase over last month's market action index of 50. Inventory has held steady at or around 23. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,250,000
Per Square Foot $757
Days on Market 54
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 23
Median Rent $2,800
Most Expensive $2,649,950
Least Expensive $928,000
Market Action 57
Strong Seller's Market

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
$1,525,000 2,232 8,000 - 10,000 sqft 4 3 54 1 3 19
$1,295,000 1,962 6,500 - 8,000 sqft 4 2 60 1 1 35
$1,198,500 1,362 6,500 - 8,000 sqft 3 2 57 3 4 66
$1,024,888 1,337 4,500 - 6,500 sqft 3 2 57 0 4 91