San Jose Real Estate Market
As of January 12, 2020 out of 444,000 homes in Santa Clara County, there are 731 actives in the San Jose real estate market alone. Of those, 488 are single family homes and 243 are condos or townhouses. More San Jose numbers: Average days on market before going into contract is 30. The average sales price to original list price ratio is 103.6%, so even after price reductions the offers are still around the list price on average. The average sales price across all San Jose properties (including condos and townhomes) is $1,123,613 with single family homes coming in average at $1,306,615. The median SFR price in San Jose is currently $1,211,011. To give some perspective, a year ago the average single family home price was $1,195,484. Average prices for San Jose condos are $676,186 and San Jose townhomes $896,207.
Year over year, the pricing is slightly up for the San Jose real estate market - one year ago the average price of SFR was lower. If you are searching for San Jose real estate companies, or looking for a San Jose real estate agent, please consider contacting us to get your questions answered. We're happy to help. We update this San Jose real estate market report monthly and are happy to discuss buying a home in the Bay Area or the home selling process.
Our home selling team is happy to prepare a customized market analysis for you on the value of your home, specific just to you. We also have a free first time home buyer class coming up - please inquire to get on the interest list for updates.
We are a group of Bay Area Realtors with agents to help you in every region, and we're available for all your questions. If you're looking for the "Best Realtor in San Jose CA" you're in the right place & we're ready to help.