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Saturday, July 5, 2008

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Fact Sheet: Community Profile

Housing

HOUSING RENTALS

Unit Type

Studio
1 Bedroom
2 Bedroom
3 Bedroom

Average

Asking Rental Rate

$1,088
$1,398
$1,783
$2,026

$1,541


Source: RealFacts; December 2007

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HOUSING SALES

Unit Type


Single-Family Detached
Condominium/Townhouse

Sales 


191
67

Average
Price


$752,801
$466,339

Median
Price


$669,800
$480,000

Days on
Market


67
63


Source: Santa Clara County Assoc. of Realtors; February 2008

HOUSING TENURE AND VACANCY

Tenure
Owner Occupied Units
Renter Occupied Units

Vacancy Rate

Source: US Census Bureau, American Community Survey; 2006


62%
38%

3.6%

 

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HOUSING UNITS BY TYPE


 
 
San Jose City
Santa Clara County
 
Total Units
 
307,613
622,779
Single-Family
Detached

 
167,873
336,196
Single-Family
Attached

 
28,227
55,834
 
Multi-Family
 
100,485
211,083
Mobile
Homes

 
11,028
19,666
 
Source: California Department of Finance; January 2008

RESIDENTIAL CONSTRUCTION

New Housing Graph

Source: City of San Jose; 2008
New Housing by Unit Type
 
Year Single-
Family
Multi-
Family
Total
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007

Average
836
2,237
2,332
1,972
1,598
1,328
659
621
887
960
831
599
462

1,179
1,085
1,912
2,041
2,888
2,008
3,131
2,710
1,863
3,631
2,017
1,951
2,374
1,708

2,255
1,921
4,149
4,373
4,860
3,606
4,459
3,369
2,484
4,518
2,977
2,782
2,973
2,170

3,434

 

Picture of Three Sixty Condos project
Three Sixty Condos (under construction), Downtown
Picture of Apartments
Tierra Encantada, Alum Rock

Pictures of apartments
Palma Sorrento, Edenvale

 

 

 

Last Modified Date: 5/6/2008

 
 

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