San Jose condo/townhouse pricing continues to rise
Here is the data from the past 12 months:
Based on the median sale price change in San Jose for condos and townhomes, the prices have increased by 7.4% all of a sudden this month. E.g., for a condo being listed at $349,000, multiplying this increase to the listing price, $349,000 x 1.074 = $374,826. Therefore, if you were going to make an offer that will at least draw the seller’s attention, it should be $375,000.