114 new real estate properties in San Jose, California have been added to Ofirio in the last 7 days.
Of those new properties:
San Jose, California has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 1% lower than than the list price. The demand for luxury real estate is higher than the demand for “Under $200k” real estate by 2%. Homes in San Jose, California are on the market for 60 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 6 Beds segment and it is 111% ($292,300) more than the week prior.
The average closing price for real estate in San Jose California has grown by 5% from the last week, which amounted to $1,248,156.
As of January 2023 San Jose, CA is a seller market which means homes sell faster at a higher price. In January 2023, 81 homes (24.5%) sold at asking price, 165 homes (50.0%) sold below asking price, and 84 homes (25.5%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 0.9% from $1,150,000 in January 2022 to $1,140,000 in January 2023. The number of homes sold in San Jose, CA has decreased by 56.0% over the last year from 702 in January 2022 to 309 homes in January 2023.
Homes in San Jose, CA have sold for 6.7% less per ft² than they did a year ago. As of January 2023 the average price per square foot is $727.