Real Estate Market Update for San Jose, CA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was stable from one year earlier, and down 25% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just over 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 30%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 640-thousand dollars. The number of units sold decreased 38% year-over-year, and decreased 53% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
Show Transcript
Map Information for San Jose, CA
Area Information for San Jose, CA
  • Population: 1,020,061
  • Median Age: 36.79 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 5,762/sq mi
  • Population Change Since 2000: 12.17%
  • Closest Airport: Norman Y Mineta San Jose International
  • Closest College: San Jose State University
  • Closest Jr. College: San Jose City College
  • Median Household Income: $84,095
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $686,250
  • Closest Major Sports Team: San Jose Giants (a)
  • Change Avg. Household Income Since 2000: 25.98%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for San Jose, CA
Median Age: 36.79 Married: 40% Number of Households: 326,671 Households with Children: 118,241
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 San Jose, CA

      School Name Distance Type Grades School Rating Parent Rating
      San Jose Conservation Corps Charter School 0.5 mi Public 12-12 0 0
      Franklin Elementary School 0.9 mi Public K-6 4 4
      Andrew P. Hill High School 1.0 mi Public 9-12 3 3
      Yerba Buena High School 1.3 mi Public 9-12 3 3
      George V. Leyva Intermediate School 1.4 mi Public 7-8 2 4
      Bridges Academy 1.4 mi Public 7-8 2 0
      Silver Creek High School 1.5 mi Public 9-12 4 3
      Santee Elementary School 1.6 mi Public K-6 2 0
      William C. Overfelt High School 1.7 mi Public 9-12 2 3
      Apollo High School 1.7 mi Public 11-12 1 0
      Leadership Public Schools - San Jose 1.7 mi Public 9-12 2 3
      Clyde L. Fischer Middle School 2.1 mi Public 6-8 2 5
      Downtown College Prep - Alum Rock School 2.1 mi Public 6-12 3 0
      Valley Christian High School 2.3 mi Private 6-8 0 0
      Achiever Christian School 2.4 mi Private PRESCHOOL-8 0 0
      University Preparatory Academy Charter 2.4 mi Public 7-12 5 4
      Ocala Middle School 2.6 mi Public 6-8 2 0
      James Franklin Smith Elementary School 2.7 mi Public K-6 5 0
      Quimby Oak Middle School 2.9 mi Public 7-8 4 3
      Ace Charter School 2.9 mi Public 5-8 1 5
      Notre Dame High School San Jose 3.0 mi Catholic 9-12 0 4
      Mt. Pleasant High School 3.0 mi Public 9-12 3 3
      Kipp San Jose Collegiate 3.0 mi Public 9-12 4 4
      Adelante Dual Language Academy 3.0 mi Public K-3 3 0
      Davis (caroline) Intermediate School 3.1 mi Public 7-8 2 3
      Renaissance At Mathson 3.1 mi Public 6-8 4 4
      Evergreen Elementary School 3.1 mi Public K-6 5 0
      St Thomas More 3.2 mi Catholic K-12 0 0
      Evergreen Valley High School 3.2 mi Public 9-12 5 3
      Latino College Preparatory Academy 3.3 mi Public 9-12 2 4
      Gunderson High School 3.5 mi Public 9-12 2 4
      Holy Family School 3.5 mi Catholic PRESCHOOL-8 0 0
      Mount Pleasant Elementary School 3.5 mi Public K-5 2 0
      Willow Glen High School 3.6 mi Public 9-12 3 4
      San Jos? High School 3.6 mi Public 9-12 2 3
      San Jose High Academy Plus 3.6 mi Public 11-12 0 3
      Carolyn A. Clark Elementary School 3.7 mi Public PRESCHOOL-6 5 0
      Silver Oak Elementary School 3.7 mi Public K-6 5 0
      Summit Public School: Tahoma 3.8 mi Public 9-12 4 4
      Magnolia Science Academy Santa Clara 3.8 mi Public 6-11 5 0
      Summit Public School: Rainier 3.8 mi Public 9-12 4 4
      Tom Matsumoto Elementary School 3.8 mi Public K-6 5 0
      Oak Grove High School 3.9 mi Public 9-12 3 4
      Presentation High School 3.9 mi Catholic 9-12 0 4
      Chaboya Middle School 4.0 mi Public 7-8 5 3
      Broadway High School 4.0 mi Public 10-12 1 0
      John Muir Middle School 4.1 mi Public 6-8 3 0
      Booksin Elementary School 4.2 mi Public PRESCHOOL-5 5 0
      James Lick High School 4.2 mi Public 9-12 2 3
      Foothill High School 4.2 mi Public 11-12 1 3
      Downtown College Preparatory School 4.3 mi Public 9-12 2 3
      Anderson (alex) Elementary School 4.4 mi Public K-6 3 0
      Independence High School 4.4 mi Public 9-12 4 3
      Pegasus High School 4.4 mi Public 11-12 1 0
      Ace Charter High 4.4 mi Public 9-12 2 3
      Joseph George Middle School 4.6 mi Public 6-8 2 0
      Herman (leonard) Intermediate School 4.7 mi Public 5-8 4 0
      Valley Christian Elementary School 4.9 mi Private K-5 0 0
      Pioneer High School 4.9 mi Public 9-12 4 4
      Sherman Oaks Elementary School 4.9 mi Public K-6 3 3
      Santa Teresa High School 5.0 mi Public 9-12 4 3
      Branham High School 5.1 mi Public 9-12 5 3
      Abraham Lincoln High School 5.1 mi Public 9-12 3 4
      Herbert Hoover Middle School 5.1 mi Public 6-8 2 0
      Cambrian International Academy 5.2 mi Private 6-12 0 0
      Lincoln Plus High School 5.2 mi Public 10-12 0 2
      Del Mar High School 5.3 mi Public 9-12 3 4
      Middle College High School 5.3 mi Public 10-12 5 0
      Bellarmine College Preparatory School 5.3 mi Catholic 9-12 0 4
      Santa Teresa Elementary School 5.4 mi Public K-6 4 3
      Price Charter Middle School 5.6 mi Public 6-8 4 3
      Dartmouth Middle School 5.8 mi Public 6-8 5 0
      Piedmont Middle School 5.8 mi Public 6-8 3 2
      Oster Elementary School 5.9 mi Public K-5 5 5
      Los Alamitos Elementary School 6.0 mi Public PRESCHOOL-5 5 0
      Skylar Hadden School 6.1 mi Private 1-7 0 0
      Leland High School 6.1 mi Public 9-12 5 4
      Simonds Elementary School 6.3 mi Public PRESCHOOL-5 5 0
      Almaden Country School 6.3 mi Private PRESCHOOL-8 0 0
      Guadalupe Elementary School 6.4 mi Public K-5 5 0
      Noddin Elementary School 6.5 mi Public K-5 5 0
      Leigh High School 6.5 mi Public 9-12 5 3
      Graystone Elementary School 6.6 mi Public K-5 5 0
      Bret Harte Middle School 6.7 mi Public 6-8 5 3
      Piedmont Hills High School 6.7 mi Public 8-12 5 3
      Sierramont Middle School 6.8 mi Public 6-8 5 3
      Williams Elementary School 6.9 mi Public K-5 5 0
      Union Middle School 7.0 mi Public 6-8 5 4
      Boynton High School 7.2 mi Public 11-12 2 4
      Carlton Elementary School 7.3 mi Public K-5 5 0
      Morrill Middle School 7.4 mi Public 6-8 3 4
      Discovery Charter School 7.6 mi Public K-8 5 5
      Harker School, The 7.7 mi Private PRESCHOOL-12 0 0
      Easterbrook Discovery 8.4 mi Public K-8 4 0
      Gussie M. Baker Elementary School 8.5 mi Public PRESCHOOL-5 5 0
      Country Lane Elementary School 8.7 mi Public K-5 5 0
      Murdock-portal Elementary School 9.1 mi Public K-5 5 0
      Lynbrook High School 9.4 mi Public 9-12 5 3
      Joaquin Miller Middle School 9.8 mi Public 6-8 5 4
      John Muir Elementary School 10.2 mi Public K-5 5 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for San Jose, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.