I am looking at where homes are being priced and what that means for your next move.
If you are deciding whether to make a move in San Jose, CA, the first question is simple are prices giving you room to think, or are they still making every conversation a little dramatic? My read is that last month, the typical sold price was $1,515,000, so the answer depends on whether you want to act with confidence or keep guessing and hope the market behaves itself.
Last month, San Jose, CA had a typical sold price of $1,515,000 and a typical list price of $1,198,000. I would treat that gap as a reminder to price, compare, and negotiate with your eyes open instead of pretending the number on the first page is the final word.
For sellers, that means I would pay close attention to where your home sits against the asking prices already in play. For buyers, it means I would not fall in love with a listing just because it looks polished I would use the pricing spread to stay disciplined and keep the conversation grounded in value, not wishful thinking.
My next step is straightforward. I would price with the market, not with hope. I would compare every shortlist against the most recent sold numbers in San Jose, CA, then I would decide whether the deal feels sharp enough to move or smart enough to wait.
