BAP Blog San Jose California Real Estate Overview

San Jose Summary Average price per square foot for San Jose CA was $289, a decrease of 6.8% compared to the same period last year. The median sales price for homes in San Jose CA for May 11 to Jul 11 was $400,000 based on 2,258 home sales. Compared to the same period one year ago, the median home sales price decreased 7%, or $30,000, and the number of home sales decreased 35.8%. There are currently 2,631 resale and new homes in San Jose on Trulia, including 34 open houses, as well as 3,922 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in San Jose CA was $553,597 for the week ending Aug 03, which represents an increase of 1.2%, or $6,555, compared to the prior week. Popular neighborhoods in San Jose include Willow Glen and Edenvale, with average listing prices of $737,225 and $402,892.