San Jose, 95125 Summary
The median sales price for homes in ZIP code 95125 for Jan 11 to Mar 11 was $585,000. This represents a decline of 10.3%, or $67,500, compared to the prior quarter and a decrease of 4.6% compared to the prior year. Sales prices have depreciated 16.7% over the last 5 years in 95125, San Jose. The median sales price of $585,000 for 95125 is 53.91% higher than the median sales price for San Jose CA. Average listing price for homes on Trulia in ZIP code 95125 was $727,948 for the week ending Apr 20, which represents an increase of 0.3%, or $1,881 compared to the prior week and a decline of 0.4%, or $3,055, compared to the week ending Mar 30. Average price per square foot for homes in 95125 was $374 in the most recent quarter, which is 91.22% lower than the average price per square foot for homes in San Jose.
The median sales price for homes in ZIP code 95124 for Jan 11 to Mar 11 was $580,000. This represents an increase of 0.4%, or $2,500, compared to the prior quarter and a decrease of 1.9% compared to the prior year. Sales prices have depreciated 19.4% over the last 5 years in 95124, San Jose. The median sales price of $580,000 for 95124 is 52.59% higher than the median sales price for San Jose CA. Average listing price for homes on Trulia in ZIP code 95124 was $635,748 for the week ending Apr 20, which represents a decline of 1.3%, or $8,605 compared to the prior week and an increase of 2.4%, or $14,658, compared to the week ending Mar 30. Average price per square foot for homes in 95124 was $367 in the most recent quarter, which is 91.38% lower than the average price per square foot for homes in San Jose.
Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view the APRIL – 2011 Newsletter Housing Trends eNewsletter:
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The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
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Sincerely yours,
Please click on this link to view APRIL – 2011 Newsletter Housing Trends eNewsletter:
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New updated data released by Standard & Poor’s on Tuesday shows that home prices are continuing to slip across the country, with residential property values just slightly above their April 2009 bottom.
As reported both the 20-city and 10-city composite readings of the latest S&P/Case-Shiller home price index fell another 1.1 percent in February 2011 when compared to the previous month.
The 20-city composite is down 3.3 percent from its February 2010 level, while the 10-city posted a 2.6 percent drop from a year ago.
February marked the eighth straight month that the Case-Shiller readings have headed lower.
Economists have been forecasting a drop in the 20-city index of just over 3 percent, largely due to the elevated level of distressed properties on the market, which according to the National Association of Realtors sell at a median discount of about 20 percent. Ten of the 11 cities that set new lows in January 2011 saw new lows again in February.
Assessing the broader picture, S&P says with an index level of 139.27, the 20-city composite is virtually back to its April 2009 trough value (139.26), while the 10-city composite is 1.5 percent above its low.
The 20-city composite is within a hair’s breadth of a double dip.
