Home Sales Bottom in San Jose Real Estate Market

Sales in the San Jose market hit their lowest level since April. For the prior 30-day period, there were 645 homes sold, a drop of 4.4%. During the same time frame, Fremont had the most of any other neighboring municipalities with 210 sales. While sales were soft, months of inventory were further reduced to one, extending a downward trend to four weeks. With inventory so low in San Jose, it's still a solid seller's market, despite the shrinking sales numbers.

Trying to find an affordable a home? Take a look at these low-priced listings in San Jose:

$118K   $299K   $299K  

Get started right now by checking out San Jose homes for sale or reviewing San Jose real estate trends.

Demographic facts for San Jose:

  • The average age of houses in this area is 36 years old.
  • The rating for job market growth is 62. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $4,982 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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Dick Alberts, RE Broker
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