Find innovation and startups, with Google, Apple, and Facebook, alongside high housing costs in Silicon Valley.

Office Location

6,100

Jobs Created
.5%

$129,456

Median Household Income
3.8%

6,240

Total Housing Permits
-28.7%

60

Total Number of Projects
-10.4%

$759,571

SFD New Home List Price
-14.2%

0

New Home Sales
23.7%
Monthly

Market Health

San Jose s population is 2.0M, with a total workforce of 1.1M. The labor market grew by 6,100 jobs over the past year, up by 0.5%. The median household income in San Jose is $129,456, 3.8% higher than last year and 104.9% above the national average of $63,179.
In the housing market, total permits issued totaled 6,240 over the last twelve months, down -28.7% year-over-year. San Jose has 60 active new home projects on the market, 10.4% fewer than the 67 from last year. The average list price in the market is $759,571, 14.2% lower than last year and 136.3% above the national average. Over the last three months, new home contracts increased by 23.7% to 684. Hollister and San Jose had the highest concentration of the new home contracts in the San Jose market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President

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