Real Estate Market Update for 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 down 30% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. 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 50%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 710-thousand dollars. The number of units sold increased 42% year-over-year, and increased 70% 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 San Jose, CA
Area Information for San Jose, CA
  • Population: 975,606
  • Median Age: 34.84 yr
  • Median Commute Time: 24.25 mins
  • Educational Climate*: 4
  • Sales Tax: 8.75%
  • Population Density: 5,527/sq mi
  • Population Change Since 2000: 7.81%
  • Closest Airport: Norman Y. Mineta San Jose International
  • Closest College: National Hispanic University
  • Closest Jr. College: Evergreen Valley College
  • Median Household Income: $80,731
  • Annual Residential Turnover: 17.9%
  • Median Years in Residence: 3.32 yr
  • Median Home Sales Price: $425,000
  • 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 San Jose, CA
Median Age: 34.84 Married: 30% Number of Households: 306,198 Households with Children: 124,322
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 GreatSchools Rating Parent Rating
      Whaley (o.b.) Elementary 0.9 mi Public K-6 2-5 5
      Voices College Bound Language Academy 0.9 mi Public K-8 4 4
      Success Academy 1.1 mi Public K-6 2-5 4
      Ramblewood Elementary 1.5 mi Public PRESCHOOL-6 3-5 4
      Smith (katherine R.) Elementary 1.5 mi Public K-6 1 4
      Apollo High (cont.) 1.6 mi Public 11-12 0 5
      Scholars Academy 1.6 mi Private PRESCHOOL-4 0 4
      Cornerstone Academy Preparatory 1.7 mi Public K-3 5 5
      Mosaic Elementary 1.9 mi Public K-5 3 5
      Renaissance Academy 2.1 mi Public 6-8 3-5 5
      Fischer (clyde L.) Middle School 2.1 mi Public 6-8 2 4
      Kipp Heartwood Academy 2.1 mi Public 5-8 4-5 5
      Achiever Christian 2.4 mi Private PRESCHOOL-8 0 4
      My School Cathedral Of Faith Learning Ce 2.4 mi Private PRESCHOOL-PRESCHOOL 0 4
      Valley Christian Junior High School 2.6 mi Private 6-8 0 5
      Valley Christian High School 2.6 mi Private 6-8 0 4
      Smith (james Franklin) Elementary 2.6 mi Public K-6 5 5
      Learning In An Urban Community With High Achieveme 2.6 mi Public K-5 2-5 4
      Millbrook Elementary 2.7 mi Public K-6 4-5 4
      Washington Elementary 2.8 mi Public K-5 2 4
      Rocketship Los Suenos Academy 2.8 mi Public K-5 2-5 5
      Ace Charter 2.9 mi Public 5-8 1 5
      Norwood Creek Elementary 2.9 mi Public K-6 4-5 4
      The Academy 2.9 mi Public 5-8 0 5
      Notre Dame High School 3.0 mi Catholic 9-12 0 4
      Rocketship Academy Brilliant Minds 3.3 mi Public K-5 0 5
      Calvary Christian Academy 3.4 mi Private PRESCHOOL-K 0 4
      Five Wounds 3.4 mi Catholic K-8 0 4
      Schallenberger Elementary School 3.4 mi Public PRESCHOOL-5 3-5 5
      Willow Glen Elementary 3.4 mi Public K-5 3-5 5
      Holy Family School 3.5 mi Catholic PRESCHOOL-8 0 5
      Willow Glen Plus (cont.) 3.6 mi Public 11-12 0 3
      San Jose High Academy Plus (cont.) 3.6 mi Public 11-12 0 4
      Carolyn A Clark Elementary 3.7 mi Public K-6 5 4
      River Glen School 3.7 mi Public K-8 3 5
      Silver Oak Elementary 3.7 mi Public K-6 5 5
      Hacienda Science/environmental Magnet (elem) 3.8 mi Public K-5 4 5
      Summit Public School Tahoma 3.8 mi Public 9-12 4 5
      Summit Public School Rainier 3.8 mi Public 9-12 4 4
      Matsumoto (tom) Elementary 3.8 mi Public K-6 5 4
      Presentation High School 3.9 mi Catholic 9-12 0 4
      Live Oak Academy 4.0 mi Private K-K 0 0
      Chaboya Middle School 4.0 mi Public 7-8 4-5 4
      Booksin Elementary 4.2 mi Public PRESCHOOL-5 5 5
      Foothill High (cont.) 4.2 mi Public 9-12 0 4
      Anthony P Russo Academy 4.3 mi Public K-5 3 5
      Pegasus High (cont.) 4.4 mi Public 11-12 0 3
      Pine Hill School 4.5 mi Private 2-12 0 4
      Mccollam (millard) Elementary 5.1 mi Public K-5 4 5
      Lincoln (abraham) High School 5.2 mi Public 9-12 3 4
      Glider Elementary 5.2 mi Public K-6 4 5
      Bagby Elementary 5.2 mi Public K-5 3-5 5
      Grace Christian School 5.2 mi Private K-5 0 5
      Sartorette Charter 5.3 mi Public K-5 4 4
      Bellarmine College Preparatory 5.3 mi Catholic 9-12 0 5
      Chrysalis Elementary School 5.4 mi Private K-4 0 5
      Stratford School 5.5 mi Private 6-8 0 4
      Price Charter Middle School 5.6 mi Public 6-8 4 4
      Fammatre Charter 5.6 mi Public K-5 3-5 4
      Dartmouth Middle School 5.8 mi Public 6-8 5 4
      Lietz Elementary 5.8 mi Public K-5 4 4
      Community Career Academy 5.8 mi Public 11-12 0 0
      St. Timothy's Lutheran 5.8 mi Private PRESCHOOL-5 0 5
      Oster Elementary 5.8 mi Public K-5 4-5 5
      Ledesma (rita) Elementary 5.9 mi Public K-6 4 4
      Leland Plus (cont.) 6.0 mi Public 11-12 0 3
      Los Alamitos Elementary 6.0 mi Public K-5 5 5
      Simonds Elementary 6.3 mi Public K-5 5 4
      Almaden Country School 6.3 mi Private PRESCHOOL-8 0 5
      Cherrywood Elementary 6.3 mi Public K-5 3 3
      St Victor School 6.4 mi Catholic K-8 0 5
      Castillero Middle School 6.5 mi Public 6-8 4 4
      St Frances Cabrini Elementary School 6.5 mi Catholic PRESCHOOL-8 0 4
      Noddin Elementary 6.5 mi Public K-5 4-5 5
      Ruskin Elementary 6.5 mi Public K-5 5 4
      Graystone Elementary 6.7 mi Public K-5 5 5
      Harte (bret) Middle School 6.7 mi Public 6-8 4-5 4
      Primary Plus Elementary School 6.8 mi Private PRESCHOOL-4 0 4
      Farnham Charter 6.9 mi Public K-5 4 4
      Williams Elementary 6.9 mi Public K-5 5 5
      Union Middle School 7.0 mi Public 6-8 5 4
      Boynton High School 7.2 mi Public 10-12 0 4
      Majestic Way Elementary 7.3 mi Public K-5 4 4
      Carlton Elementary 7.3 mi Public K-5 5 5
      Anderson (leroy) Elementary 7.5 mi Public PRESCHOOL-5 2-5 4
      Northwood Elementary 7.5 mi Public K-5 4-5 4
      Discovery Charter 7.7 mi Public K-8 4-5 5
      Harker School, The 7.7 mi Private K-12 0 4
      Milpitas Christian 7.8 mi Private PRESCHOOL-8 0 4
      Easterbrook Elementary 8.4 mi Public K-8 4 5
      Forest Hill Elementary 8.4 mi Public PRESCHOOL-5 5 4
      Baker (gussie M.) Elementary 8.6 mi Public K-5 4-5 5
      Country Lane Elementary 8.7 mi Public K-5 5 4
      Archbishop Mitty High School 8.7 mi Catholic 9-12 0 4
      Murdock Portal Elementary School 9.1 mi Public K-5 5 4
      Lynbrook High School 9.5 mi Public 9-12 5 4
      Dilworth Elementary 9.5 mi Public K-5 5 4
      Miller (joaquin) Middle School 9.8 mi Public 6-8 5 4
      Muir Elementary 10.2 mi Public K-5 4-5 4
      Meyerholz Elementary 10.6 mi Public K-5 5 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 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.