BAP Blog San Jose Real Estate Market Trends Update

San Jose Summary The median sales price for homes in San Jose CA for Aug 11 to Oct 11 was $395,000. This represents a decline of 1.2%, or $5,000, compared to the prior quarter and a decrease of 1.9% compared to the prior year. Sales prices have depreciated 40.2% over the last 5 years in San Jose. The average listing price for San Jose homes for sale on Trulia was $519,062 for the week ending Nov 09, which represents a decline of 0.6%, or $3,223, compared to the prior week and a decline of 0.4%, or $2,025, compared to the week ending Oct 19. Average price per square foot for San Jose CA was $292, a decrease of 0.7% compared to the same period last year. Popular neighborhoods in San Jose include Edenvale, Willow Glen, Alum Rock, Evergreen, South San Jose, and Berryessa.