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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 residential properties, here’s what happened in Mid Year 2024 vs. Mid Year 2025:
The Number of SOLD listings decreased by 8% to 2759 properties, with a top sale of $5,801,000 million at 5687 La Seyne Place.
The Average Sales Price increased by 5% to $1,585,245, bringing the Average Price Per Square Foot up to $958.
As measured in months’ supply, the inventory of properties available for sale increased to 2.20 months’ worth of properties for sale
The average 30-year fixed mortgage rate decreased to 6.87%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
