San Jose Housing Market Report 2015 July --- Condo Only




Condo remains popular among San Jose neighborhoods in July due to its affordability.
In Alum Rock area, which is near Alum Rock and HWY 680, 7 Condos have been sold where the average listed price was $324k and sold price was 332K, average days on market is 46 days Berryessa area, which is bordering the great mall Milpitas and always been popular choice among the working professionals due to its convenience, has seen higher sold price. Totally 9 condos were sold for $513K on average, 11% over the listed price, which was $460K. And average days on market was 16 days!! Evergreen, another hot market for Condos has sold 16 Condos for $613k on average, 4% higher than the average list price, $589K. 18 days on average is what it took!! Willow Glen, a historical neighborhood near central San Jose, known for its walking score and popular food culture, had only 4 Condos on the market in July. On average listed for $550K and sold for $579K for 13 days. Central San Jose, downtown area including San Jose State University, has the most sold Condos on the market in July. Totally 34 Condos sold for $535K on average, 3% over the list price, which was $512K on average. Average days on market is 27 days!! South San Jose, another place where condos sold fast, has 19 condos sold in July. Averagely sold for $379K, 7% over the average list price, which was $359K. Average days on market is 18 days!!
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