$10,000 Closing Credit*
$1,299,888
1,400 SqFt
2 Beds
•2 Full Baths
Douglas Marshall, Listing Office: Christie's International Real Estate Sereno
Is West San Jose, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, West San Jose has remained a Seller's Market.
Key Takeaway
West San Jose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West San Jose, CA
How much do homes in West San Jose, CA cost?
Median Sold Price
$1,959,890
$1,205/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$218,090(+12.5%)
Key Takeaway
Homes in West San Jose have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in West San Jose was $1,959,890 in December 2024, up 12.5% from last year, and the median price per square foot was $1,205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $585K | $600K | +2.6% |
| 2 Bedrooms | $877.5K | $930K | +6.0% |
| 3 Bedrooms | $1.7M | $1.9M | +9.1% |
| 4 Bedrooms | $1.9M | $2.4M | +20.1% |
| 5+ Bedrooms | $2.3M | $2.6M | +9.7% |
Summary: West San Jose housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in West San Jose, CA
How many homes are available in West San Jose, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 115 | 65 | -43.5% |
Summary: The West San Jose real estate market had 65 homes for sale in December 2024, a 43.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 23 | 11 | -52.2% |
| 3 Bedrooms | 56 | 31 | -44.6% |
| 4 Bedrooms | 25 | 17 | -32.0% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The West San Jose housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 52.2%, 3 bedroom homes decreased by 44.6%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 58 | 45 | -22.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West San Jose, you could pay more than the asking price. 46.5% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in West San Jose in December 2024, down by 22.4% month-over-month. Of the 43 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for West San Jose, CA
How long does it take to sell a home in West San Jose, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 15 Days | 27 Days | +76.9% |
Summary: Homes in West San Jose had an average of 27 days on market in Dec 2024, up by 76.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West San Jose are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 45 homes were sold in West San Jose; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% 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.