San Jose Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $649,000
    1% ( $9,200 ) vs Jun 2013
  • Median Sales Price
    $660,000
    2% ( $11,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $540,000
    0% ( $0 ) vs Jun 2013
  • Foreclosures 1,226
    Homes for Sale 331
    Recently Sold 6,510

Market Summary

There are currently 1,226 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 331.

In July, the number of properties that received a foreclosure filing in San Jose, CA was 1% higher than the previous month and 12% higher than the same time last year.

Home sales for June 2014 were down 24% compared with the previous month, and down 30% compared with a year ago. The median sales price of a non-distressed home was $660,000. The median sales price of a foreclosure home was $540,000, or 18% lower than non-distressed home sales.

Sales Prices - San Jose, CA




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$540,000 (Median Foreclosure 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) $660,000 (Median 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) $540,000 (Median Foreclosure 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) $660,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Fremont
218
1.4
% (y-o-y)
$738,000
13.5
% (y-o-y)
22.4%
30.7
% (y-o-y)
Santa Clara
83
46.8
% (y-o-y)
$737,500
16.1
% (y-o-y)
26.8%
14.7
% (y-o-y)
Sunnyvale
71
34.3
% (y-o-y)
$888,000
12.8
% (y-o-y)
5.0%
29.2
% (y-o-y)
Los Gatos
70
28.6
% (y-o-y)
$1,306,500
6.7
% (y-o-y)
33.7%
26.5
% (y-o-y)
Mountain View
54
30.8
% (y-o-y)
$909,500
18.9
% (y-o-y)
Data not available
Morgan Hill
50
12.3
% (y-o-y)
$680,750
9.8
% (y-o-y)
9.3%
14.0
% (y-o-y)
Milpitas
49
29.0
% (y-o-y)
$595,500
5.4
% (y-o-y)
6.8%
12.9
% (y-o-y)
Palo Alto
48
30.4
% (y-o-y)
$1,835,000
50.6
% (y-o-y)
76.6%
70.5
% (y-o-y)
Cupertino
45
4.3
% (y-o-y)
$1,505,000
26.2
% (y-o-y)
Data not available
Los Altos
43
36.8
% (y-o-y)
$2,300,000
25.4
% (y-o-y)
Data not available

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: 6.00%
Percentage of vacant homes: 4.41%