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Tuesday, November 5, 2024

Q2 real estate sales report: San Jose

Realestate077

Median prices declined in San Jose over last year, and are down 80.9 percent over 9 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in San Jose for a price of $15,000. That's 75.8 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in San Jose.

Median property tax for homeowners in San Jose was $1,891.69 in 2017 according to tax data from that year. That means homeowners pay 3.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

San Jose real estate: Q2 2010-2018
Properties sold
Median sale price
Change in sale price
2010
2
$78,375
-
2012
2
$84,748
8.1%
2014
1
$68,900
-18.7%
2015
15
$1,916
-97.2%
2016
1
$63,000
3188.3%
2017
4
$61,965
-1.6%
2018
1
$15,000
-75.8%

Median property tax
Median sale price
Effective property tax rate
2010
$2,569.59
$78,375
3.3%
2012
$2,482.31
$84,748
2.9%
2014
$1,687.83
$68,900
2.4%
2015
$1,615.50
$1,916
84.3%
2016
$0
$63,000
0%
2017
$1,891.69
$61,965
3.1%

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