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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.
According to MLS Listings, the marketplace for San Jose Market residential properties, here’s what happened in January 2025 VS February 2025:
The Number of SOLD listings increased by 17% to 346 properties, with a top sale of $4,100,000 million at 4602 Hill Top View Lane.
The Average Sales Price increased by 7% to $1,604,058 million, while the Average Price Per Square Foot rose to $968.
As measured in monthly supply, the inventory of properties available for sale increased by 11% to 2.10 monthly worth of properties for sale
The average 30-year fixed mortgage rate decreased to 6.84%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
