$6,519 Closing Credit*
$549,000
1,476 SqFt
4 Beds
•2 Full Baths
Susan Bernstein, Listing Office: Rodeo Realty
Is South San Jose Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, South San Jose Hills has remained a Seller's Market.
Key Takeaway
South San Jose Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South San Jose Hills, CA
How much do homes in South San Jose Hills, CA cost?
Median Sold Price
$670,000
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,500(+5.9%)
Key Takeaway
Homes in South San Jose Hills have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in South San Jose Hills was $670,000 in November 2024, up 5.9% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $548.9K | $601K | +9.5% |
| 3 Bedrooms | $602.5K | $650K | +7.9% |
| 4 Bedrooms | $705K | $735K | +4.3% |
| 5+ Bedrooms | $700K | $770K | +10.0% |
Summary: South San Jose Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
| The San Gabriel Valley | $820.3K | $883K | +7.6% |
| Valinda | $700K | $750K | +7.1% |
| South San Jose Hills | $632.5K | $670K | +5.9% |
Housing Supply in South San Jose Hills, CA
How many homes are available in South San Jose Hills, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Summary: The South San Jose Hills real estate market had 14 homes for sale in November 2024, a 36.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 7 | -53.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The South San Jose Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 53.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South San Jose Hills, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in South San Jose Hills in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for South San Jose Hills, CA
How long does it take to sell a home in South San Jose Hills, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 15 Days | -55.9% |
Summary: Homes in South San Jose Hills had an average of 15 days on market in Nov 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South San Jose Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in South San Jose Hills; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.