October 2024 Real Estate Report

Homes For Sale
607 Total
Homes For Sale
Homes added
163 Homes
Added to the Market
Homes For Sale
375 Homes
Sold
Compared to Previous Month
-36%
Fewer Homes For Sale
home chart
-15%
Fewer Homes Sold
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Last month in October, housing in San Jose, CA ended with 163 homes being added to the market for sale, for a cumulative monthly total of 607 homes for sale - down -36% compared to September. San Jose, CA had a total of 375 homes sold for the month - down -15% from the month prior.

Detached led the way in homes sold with a total of 279 - down -4%, while attached totaled 96 in closed sales - down -48% from the month of September. The number of detached properties sold under 1500 square feet totaled 109 for the month of October, while homes from 1500 to 2000 square feet recorded 88 sales and homes sized from 2000 to 2500 square feet had 49 sales. While homes from 2500 to 3000 square feet square feet recorded 21 homes sold and homes from 3000 to 3500 square feet had 3 sales, while homes in the 3500 to 4000 square feet range totaled 6 homes sold. Homes from 4000 to 4500 square feet had 1 sales and homes from 4500 to 5000 square feet had 2 sales. The following ranges for detached homes all had no sales: over 5500.

The number of attached homes sold under 1500 square feet numbered 76, attached homes in the square feet range of 1500 to 2000 recorded 17 sales and attached properties from 2000 to 2500 square feet had a total of 3 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in San Jose, CA?
May:
602 Homes Sold
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The last 12 month period for the city of San Jose, CA shows that the greatest number of homes were sold during the months of March 2024, May 2024 and June 2024. The months of March 2024, May 2024 and June 2024 had 436 - 602 and 515 homes sold, respectively, as compared to an average of 352 for the other months of the year.

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When do homes sell the fastest in San Jose, CA?
May:
14 Days On Market
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The last 12 month period for the city of San Jose, CA shows that homes sold the fastest during the months of March 2024, May 2024 and June 2024. The months of March 2024, May 2024 and June 2024 had 15 - 14 and 15 days on market, respectively, as compared to an average of 20 for the other months of the year.


Average Price Of Homes Sold In San Jose, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In San Jose, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in San Jose, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024233339436 - 602515385390431375 - - 3706
20231772554243884664663594463853923163084382
20223143124985524704573133783693572922984610
20213242974326315136436055405004624703855802
20202692613183122453684053904515234043954341
20192802993344504223413693943323763563114264
20182643224024944744443583883753873322854525
20172853193714144315284444235164193383154803
Average Days On Market (DOM) In San Jose, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024271915 - 141517162317 - - 18
202331312520181617171718212321
2022161012912912202024272817
202125242616171514141720201819
202041212112192424242524222323
201935342626283032363839344934
201818131612121419231926252819
201734262718211722221817212122
Average Days From List To Close Of Escrow In San Jose, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024564441 - 394143404942 - - 44
202361595247454243414444495048
202248344036404248495052545646
202159505746464444444750504949
202071455044515453556056535654
201967615152565961666871628263
201848394138394246534553545746
201770565645504554524747495752
Number of homes added to the market in San Jose, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024386466588 - 80544882189412163 - - 3539
20233093675124675234684585354943982911795001
20224124486325644334113774183693212381524775
20214203925635795896475684844404152732135583
20203063943633133614055034424314712642424495
20193133794724584643603723322943471871214099
20183903565414905213853553984034223041444709
20173303245374344635113544963393422952194644