San Jose Home Values
The eppraisal index for San Jose, California, which tracks the
median sale price of homes in the area,
states that the median sales price
for single family residences in June 2008 has
decreased by 0% to
$693,000 from May
2008.
San Jose, CA
San Jose (IPA: /EOsAÝnhoESE^ze¦/) (meaning St. Joseph in Spanish) or San JosAc is the third-largest city in California and the tenth-largest in the United States. It is the county seat of Santa Clara County. San Jose is located in the Santa Clara Valley which has been dubbed the "Silicon Valley " at the southern end of the San Francisco Bay Area. Once a small farming city San Jose became a magnet for suburban newcomers in new housing developments between the 1960s and the 1990s and is now the l...
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In a year-over-year comparison of median sales price fluctuations of single-family homes, the San Jose-Sunnyvale-Santa Clara, CA metro area ranks 4 out of 28 metro areas in California based on decrease of 0.7 % in home values. When compared at a national level, the San Jose-Sunnyvale-Santa Clara, CA metro area ranks 130 out of 195.
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The index trending graph reveals the change in the median sales price
during the past 12 months for San Jose, California. This graph shows that
in the past 12 months, the median sales price of homes has
decreased overall by $102,000.
The sales price graph displays how real estate sales prices are distributed
in San Jose, California.
For example, the highest percentage of homes sold in June 2008
sold for
above $332,640
,
26% of all sales. If you are looking to
purchase a house in a specific price range, this graph can help you determine
what percentage of homes in San Jose, California may fall within this range. It
can also be useful if you are a seller and are trying to figure out what price
range most homes are sold for. It can give an indication if the market is receptive to
purchases in the range your home value falls in.
Find a proFind a local real estate professional who understands this market.
This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.