San Jose Real Estate Market
As of June 22, 2020 out of 444,000 homes in Santa Clara County, there are 777 actives in the San Jose real estate market alone. Of those, 500 are single family homes and 277 are condos or townhouses. More San Jose numbers: Average days on market before going into contract is 6 (down), and listings are selling at a rate of 100.7% of the list price. The average sales price to original list price ratio is 99.8%, so even after price reductions the offers are still around the list price on average. The average sales price across all San Jose properties is $1,150,593 (up from last year) with single family homes coming in average at $1,291,090. The median SFR is $1,165,000 (up from a year ago). San Jose condos for sale have been closing at an average of $670,988 and San Jose townhomes $810,394.
Year over year, the pricing is slightly up for the San Jose real estate market - one year ago the average price of SFR was slightly 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.