Downtown San Jose House Prices

Downtown San Jose housing prices have seen a decrease of -4.2% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $959,619. Below you’ll find numerous charts and graphs breaking down real estate market trends in Downtown San Jose.

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Recent TrendsPrevious 180 DaysPrevious 12 Months% ChangeOver 6 Months
Average Sales Price$959,619$1,001,927-4.2%
Average List Price$943,000$924,3462.0%
Sales Price vs List Price101%108%-6.5%
Avg Days on Market211540.0%
Avg Homes Sold Per Month1012-10.1%

Below you’ll see a comparison between the square footage and price per square foot for each Downtown San Jose house price over the last 180 days. Hover over a point to see more information about each home that sold.

Properties in Downtown San Jose can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Downtown San Jose home prices.

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 Low EndAverage EndHigh End
Avg Sq Ft Range617 - 1016 sq ft1017 - 1663 sq ft1664 - 3240 sq ft
Avg Sold Price$1,175,000$1,020,000$1,550,000
Avg Price Per Sq Ft$1439$764$632

Data is from the previous 12 months and pulled directly from the MLS.

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The median sales price for homes in Downtown San Jose over the last 180 days is

$905,000 

Median List Price

$882K 

Average Days on Market

21 

Median Sq Ft

1,381 

Average Price per Sq Ft

$625 


Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.

Median List Price vs Median Sold Price in Downtown San Jose over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Downtown San Jose

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Housing Prices in Downtown San Jose

# of Homes Sold

62

Median Sold Price for 2BR

$849K

Median Sold Price for 3BR

$950K 

Median Sold Price for 4+BR

$955K 

# of Condos/Townhomes Sold

56

Median Sold Price of Condos/Townhomes

$835K 

Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.

Sold Price vs Days on Market for Downtown San Jose Over the Previous 12 Months

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Downtown San Jose house prices have seen a median sales price of $905,000 over the last 180 days - a -7.2% decrease in comparison to the previous twelve months. In the same 180 days, 118 properties have closed escrow in the area, 62 of which were single family residences, and the remaining 56 of which were condos or townhomes. The single family residences in Downtown San Jose had an average list price of $943,000 and were on the market for 21 days on average, with a sold to list price ratio of 101% in the past 180 days. In terms of size, the median square footage for single family residences was 1381, with the average price per square foot sitting at $625. The median sold price for a three bedroom home in the area was $950,888, compared with $955,000 for a four bedroom. Over the last 180 days, housing prices in Downtown San Jose had a median sold to list price ratio for single family residences of 101%, which is -7% less compared to the past 12 months. This shows a slightly downward trend in the Downtown San Jose real estate market.

According to the MLS, there are currently 8 single family residences for sale in Downtown San Jose in addition to 13 condos and townhomes, all of which are averaging 34 days on the market. Of the single family residences, the average list price is sitting at $953,610 – 0% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $945,000 means that prices are sitting at 0.2% less compared to the past 90 days.

Downtown San Jose has approximately 17,601 households, with the average home built around around 1961. Of all of the households found in Downtown San Jose today, roughly 30% are married and 23% have children, with an average income of $80,197 and about 22% of residents possessing a bachelor’s degree.

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