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Thursday, October 22, 2015

Research Housing Prices for San Jose

San Jose Overview

Days of Sun
...
No Data
Population
 9.2%
Lower than last year
Cost of Living
$77K
19.1% higher than state
Unemployment
4.6%
4.1%
County
6.1%
State
5.4%
Country
Season High/Low
82° /58°
58° /41°
Many People Are...
Ages
 30-39
Married with Kids
College Grads
Owners
Top Jobs
Office, Admin
Sales
Executive
Education
Renting Life
5%
of rentals are pet-friendly

Best Schools in San Jose

San Jose Housing and Rental Market

Typical Mortgage
$3,537/mo
Average Listing Price
$725K
Soft Seller's Market
Property is in demand due to reduced inventory, as there are more potential buyers than sellers. Bidding wars with other buyers are possible, and listings begin to sell at greater than the asking price.
Average Rent
$3,038/mo
1 bedroom - $2,320
2 bedroom - $2,678
3 bedroom - $3,539
4 bedroom - $3,653
Rent Distribution

RangeListings
$0-10000
$1000-200011
$2000-300035
$3000+53
Competitive Renter's Market
Rental property is in high demand and availability is low. Rent prices have decreased by 18% over the past 3 months. This is 34% lower than the county average of $4,082 and 50% lower than the state average of $4,562.
Rent or Buy?
Buying is cheaper than renting after 12 years in San Jose.
What's cheaper for you?

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