BAP Blog San Jose Real Estate Market Trends Update

San Jose Summary The median sales price for homes in San Jose CA for Jul 11 to Sep 11 was $399,500. This represents an increase of 1.1%, or $4,500, compared to the prior quarter and a decrease of 2.6% compared to the prior year. Sales prices have depreciated 39.5% over the last 5 years in San Jose. The average listing price for San Jose homes for sale on Trulia was $521,087 for the week ending Oct 19, which represents a decline of 0.4%, or $1,882, compared to the prior week and a decline of 2.2%, or $11,886, compared to the week ending Sep 28. Average price per square foot for San Jose CA was $291, a decrease of 2.7% compared to the same period last year. Popular neighborhoods in San Jose include Willow Glen, Edenvale, Alum Rock, Evergreen, South San Jose, and Berryessa.