Top Mega Teams in San Jose, California – Ranked by Sides
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|Rank – City Sides||Team Name||Company||Location||Sides||Profile|
|1||Momentum Realty||Momentum Realty||San Jose, CA||295.0||View Profile|
|2||PRG Real Estate||eXp Realty, LLC||San Jose, CA||207.0||View Profile|
2022 Market Summary
San Jose, California started 2022 with a total of 125 single-family homes on the market, with a median home price of $1,475,000 and an average price per square foot of $950. By the end of the year, inventory had increased to 228 homes on the market (+82%), with a median home price of $1,499,999 (+1%) and an average price per square foot of $941 (+0%).
At the start of 2022, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.
San Jose started the year with 4% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of San Jose homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that San Jose started 2022 as a strong seller’s market, with an MAI score of 58; by the end of the year, the MAI had rose to 59 – a strong seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
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Housing Market News
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Frequently Asked Questions
How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
View the full Rankings FAQ page here.