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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 Quarter 3 2024 VS Quarter 3 2025:
The Number of SOLD listings decreased by 5% to 1496 properties, with a top sale of $8,150,000 million at 1271 E Julian Street.
The Average Sales Price increased by 2% to $1,518,463 million, while the Average Price Per Square Foot decreased to $914.
As measured in quarterly supply, the inventory of properties available for sale increased by 24% to 2.10 quarterly worth of properties for sale
The average 30-year fixed mortgage rate remains unchanged at 6.27%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
