Friday, February 11, 2011

San Jose Summary

The median sales price for homes in San Jose CA for Nov 10 to Jan 11 was $393,713. This represents a decline of 2.2%, or $8,802, compared to the prior quarter and an increase of 0.8% compared to the prior year. Sales prices have depreciated 37.5% over the last 5 years in San Jose. The average listing price for San Jose homes for sale on Trulia was $481,225 for the week ending Feb 02, which represents an increase of 2.6%, or $12,391, compared to the prior week and an increase of 3%, or $14,009, compared to the week ending Jan 12. Average price per square foot for San Jose CA was $289, a decrease of 1.7% compared to the same period last year.
Popular neighborhoods in San Jose include Willow Glen, Evergreen, Edenvale, Alum Rock, Berryessa, and North San Jose.