San Jose Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $639,800
    2% ( $14,800 ) vs May 2013
  • Median Sales Price
    $649,000
    4% ( $26,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $540,000
    6% ( $30,000 ) vs May 2013
  • Foreclosures 1,224
    Homes for Sale 312
    Recently Sold 6,666

Market Summary

There are currently 1,224 properties in San Jose, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 312.

In June, the number of properties that received a foreclosure filing in San Jose, CA was 9% higher than the previous month and 12% lower than the same time last year.

Home sales for May 2014 were up 29% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $649,000. The median sales price of a foreclosure home was $540,000, or 17% lower than non-distressed home sales.

Sales Prices - San Jose, CA




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$540,000 (Median Foreclosure Sales Price) $510,000 (Median Foreclosure Sales Price) $505,750 (Median Foreclosure Sales Price) $455,000 (Median Foreclosure Sales Price) $480,000 (Median Foreclosure Sales Price) $478,500 (Median Foreclosure Sales Price) $649,000 (Median Sales Price) $623,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $580,000 (Median Sales Price) $540,000 (Median Foreclosure Sales Price) $510,000 (Median Foreclosure Sales Price) $505,750 (Median Foreclosure Sales Price) $455,000 (Median Foreclosure Sales Price) $480,000 (Median Foreclosure Sales Price) $478,500 (Median Foreclosure Sales Price) $649,000 (Median Sales Price) $623,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $580,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Fremont
232
15.0
% (y-o-y)
$727,000
12.9
% (y-o-y)
23.0%
34.0
% (y-o-y)
Santa Clara
113
18.7
% (y-o-y)
$740,000
17.5
% (y-o-y)
27.0%
12.4
% (y-o-y)
Sunnyvale
103
35.6
% (y-o-y)
$875,000
19.9
% (y-o-y)
5.8%
11.2
% (y-o-y)
Palo Alto
73
36.0
% (y-o-y)
$1,665,000
68.2
% (y-o-y)
74.2%
44.7
% (y-o-y)
Los Gatos
70
35.2
% (y-o-y)
$1,325,500
10.5
% (y-o-y)
48.7%
30.4
% (y-o-y)
Morgan Hill
68
13.9
% (y-o-y)
$674,000
12.0
% (y-o-y)
12.5%
14.0
% (y-o-y)
Mountain View
60
30.2
% (y-o-y)
$910,000
19.6
% (y-o-y)
Data not available
Los Altos
54
26.0
% (y-o-y)
$2,354,750
24.0
% (y-o-y)
Data not available
Campbell
53
7.0
% (y-o-y)
$835,000
17.0
% (y-o-y)
18.6%
0.5
% (y-o-y)
Milpitas
52
0.0
% (y-o-y)
$598,000
8.1
% (y-o-y)
14.9%
7.8
% (y-o-y)

Local Info For San Jose

Population:
925,300
Cost of Living Index: 148.12
Crime Index: 124.92     Rating: B- View crime details
Schools: 225    Average School Rating: B- View individual school rating
Household Median Income: $79,405
Unemployment: 5.90%
Percentage of vacant homes: 4.41%