Friday, November 22, 2013

San Jose Real Estate Market Update

San Jose Market

 

The median sale price for homes in San Jose over the last 12 months is $428,000.

The median mortgage debt is $459,035.
Additional Statistics for Single Family Homes and Condos in San Jose, CA
$595,870
Median Listing Price
35
Median Days on Market
1186
Active Listings
7.8%
Distressed Listings
(foreclosures and short sales)
San Jose, CA Price Trends - Sold vs. Listed
Chart Temporarily Unavailable
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
San Jose, CA Market Inventory Trends
Chart Temporarily Unavailable
The number of active listings in San Jose dropped by 12.2% from the previous month.
The median number of days active properties have been listed is 35. This is significantly shorter than the national average.
The number of sales in September dropped by 78.1%from the previous month.

San Jose, CA Property Ownership
Chart Temporarily Unavailable
The percent of unoccupied properties is very low in San Jose . It is -11.29% below the national average.
The percent of rental properties in San Jose is 22.65% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

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