This week the median list price for San Jose, CA 95125 is $1,599,000 with the market action index hovering around 59. This is an increase over last month’s market action index of 57. Inventory has held steady at or around 53.
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Strong Seller’s Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
If you would like a full market analysis for your home or to understand the trends in your buying search, please contact the Myrick Estates Team today!
Phone: 408.723.1515
Email: Team@MyrickEstatesTeam.com
An error has occurred:
[0] Remote request resulted in a [403 Forbidden] response.More Info
An attempt was made to request data that is not available to the key that was used to authenticate the request.API Error ID: 0B8F396258CF469198E2F0872045A273 The API says: [The site you are attempting to access has been disabled] While attempting request to (https://api.wolfnet.com/core/auth).
{"headers":{},"body":"{\"metadata\":{\"limit\":{},\"session\":{\"user_token\":\"\",\"request_id\":\"\"},\"server\":\"api4\",\"status\":{\"message\":\"Site Disabled\",\"error\":true,\"errorCode\":\"Auth1002\",\"statusCode\":\"403\",\"error_id\":\"0B8F396258CF469198E2F0872045A273\",\"extendedInfo\":\"The site you are attempting to access has been disabled\"}},\"data\":{}}","response":{"code":403,"message":"Forbidden"},"cookies":[{"name":"cfid","value":"58be4136-208d-4978-9021-0e9a1350b9be","expires":1612868142,"path":"\/","domain":"api.wolfnet.com","host_only":true},{"name":"cftoken","value":"0","expires":1612868142,"path":"\/","domain":"api.wolfnet.com","host_only":true},{"name":"lbsrv","value":"","expires":1,"path":"\/","domain":"api.wolfnet.com","host_only":true}],"filename":null,"http_response":{"data":null,"headers":null,"status":null}}