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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 July 2025 VS August 2025:
The Number of SOLD listings decreased by 3% to 493 properties, with a top sale of $7,200,000 million at 7298 Queensbridge Way.
The Average Sales Price decreased by 3% to $1,492,340, bringing the Average Price Per Square Foot down to $909.
As measured in monthly supply, the inventory of properties available for sale decreased by 10% to 1.90 monthly worth of properties for sale
The average 30-year fixed mortgage rate decreased to 6.62%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
