East San Jose Real Estate Market Extends Downward Trend in Price Cuts

The East San Jose market saw sales remain steady this week at 45 homes sold over the last 30 days, while it undergoes an identifiable downward trend in price reductions, with 20 in the same time frame. The median sales price dropped to $585,000 over the latest reporting period for East San Jose, down from $600,000. In spite of flat sales, a low one month of inventory signals that East San Jose is a strong seller's market.

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Data reported through 10/13/2016

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