San Jose is the biggest city in Silicon Valley (and considers itself to be the Capital of Silicon Valley), is the tenth largest city in the United States of America with over 1 million in population, and it has a very large footprint – approximately 180 square miles. Because of the size, it isn’t surprising that many distinct neighborhoods exist within the city. In my blog you can find descriptions and outlines of these districts or neighborhoods. You can also find market analysis dedicated to different regions of San Jose. Because the areas are so different, the market in separate sectors of the city can change dramatically from one area to the next. If you are looking for a home in Silicon Valley, it is best to consider San Jose by its neighborhoods rather than as a whole to understand the market. Nonetheless, looking at the big picture can often give you a general taste for the market. Currently, it’s a steady sellers market.
Below you will find the Altos Research Charts, a live feed of data on the markets in San Jose. You will also find the RE Report, charts with statistics comparing sales in the last month and comparing them month-over-month and year-over-year. These are both the usual tools I use to gauge a market. Directly below are links to the market analysis of specific neighborhoods in San Jose. Some of these, where I work the most, are updated monthly, and others are updated every few months.
Altos Charts for San Jose as a Whole – automatically updated each week – single family homes
First, the basic charts for single family homes or houses. FYI, Altos uses LIST prices. The RE Report further down uses SOLD prices (which is part of the reason why I utilize both).
List prices of single family homes / houses by price quartile:
Average days on market of listed homes (houses) by pricing tier:
Inventory levels for the last 3 years for houses for sale in San Jose:
Altos Research charts for the condomium and townhouse market in San Jose – automatically updated each week
Condominium and townhouse LIST prices by quartile: Continue reading
If you love older residential areas with classic architecture and a canopy of street trees, you’ll want to know about the Buena Vista neighborhood in San Jose. Situated between downtown and the Valley Fair & Santana Row areas, close to Burbank and Midtown, it’s truly “close to everything” and oozing with charm.
Where is the Buena Vista neighborhood? Roughly, it includes areas north of Hwy 280, south of San Carlos, east of Leigh and west of Meridian. It is considered part of Central San Jose by the local MLS.
This historic district has has a voluntary neighborhood association (Buena Vista Neighborhood Association or BVNA) for members, with extremely low dues, though residents who are not dues paying members may attend the monthly meetings. The BVNA website has a wealth of information on the area, including photos of “then and now,” maps (also historic and current), minutes and newsletters and much more. Please have a look to learn more about this corner of Silicon Valley with lovely old homes and tree lined streets, or check out the YouTube video below, which is also on their site:
$729,000 : 1359 Mckinley CT, SAN JOSE3 beds, 3 full baths
$635,000 : 1390 Saddle Rack ST 408, SAN JOSE2 beds, 2 full baths
$1,490,000 : 1164 Francisco AVE, SAN JOSE0 beds, 0 baths
$474,000 : 232 Race ST, SAN JOSE2 beds, 2 full baths
$410,000 : Chiechi AVE, SAN JOSE2 beds, 1 full bath
$1,225,000 : 1147 Chapman ST, SAN JOSE3 beds, 2 full baths
$1,295,000 : 1485 Hester AVE, SAN JOSE3 beds, 2 full baths
$479,000 : 1310 Saddle Rack ST 340, SAN JOSE1 bed, 1 full bath
$1,600,000 : 1195 Yosemite AVE, SAN JOSE9 beds, 3 full, 4 half baths
$499,950 : 432 S Buena Vista AVE, SAN JOSE2 beds, 2 full, 1 half baths
See all Real estate in the 95126 zip code.
(all data current as of 2/21/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.