Real Estate Market Update for 95123 (San Jose, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 100% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 88%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 850-thousand dollars. The number of units sold increased 67% year-over-year, and increased 400% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 95123 (San Jose, CA)
Area Information for 95123 (San Jose, CA)
  • Population: 63,810
  • Median Age: 35.49 yr
  • Median Commute Time: 29.06 mins
  • Educational Climate*: 4
  • Sales Tax: 8.75%
  • Population Density: 7,672/sq mi
  • Population Change Since 2000: 7.27%
  • Closest Airport: Norman Y. Mineta San Jose International
  • Closest College: San Jose State University
  • Closest Jr. College: Carrington College California- San Jose
  • Median Household Income: $87,357
  • Annual Residential Turnover: 18.34%
  • Median Years in Residence: 3.55 yr
  • Median Home Sales Price: $400,000
  • Closest Major Sports Team: San Jose Sharks
  • Change Avg. Household Income Since 2000: 15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 95123 (San Jose, CA)
Median Age: 35.49 Married: 33% Number of Households: 21,228 Households with Children: 8,427
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 95123 (San Jose, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Challenger 0.1 mi Private PRESCHOOL-8 0 2
      Frost (earl) Elementary 0.5 mi Public K-6 3 4
      Oak Ridge Elementary 0.5 mi Public K-6 3-5 4
      Santa Teresa High School 0.6 mi Public 9-12 3 3
      Phoenix High 0.6 mi Public 11-12 0 3
      Herman (leonard) Intermediate 0.6 mi Public 5-8 3-5 3
      Apostles Lutheran 0.7 mi Private K-12 0 3
      Glider Elementary 0.8 mi Public K-6 4 5
      Oak Grove High School 0.8 mi Public 9-12 2-5 3
      Miner (george) Elementary 0.9 mi Public K-6 1 3
      Sakamoto Elementary 1.0 mi Public K-6 4-5 4
      Del Roble Elementary 1.0 mi Public K-6 2 4
      Del Roble Elementary 1.0 mi Public K-6 2 4
      Alex Anderson Elementary 1.0 mi Public K-6 2-5 3
      Legacy Christian School 1.1 mi Private PRESCHOOL-8 0 0
      Spectrum Center Schools Randol Campus 1.1 mi Private K-1 0 0
      Action Day Primary Plus 1.5 mi Private PRESCHOOL-K 0 0
      Taylor (bertha) Elementary 1.5 mi Public PRESCHOOL-6 4 4
      Allen@stindeck K 8 1.5 mi Public K-8 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 95123 (San Jose, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.