Another month, another round of statistics to digest. From January to February, the numbers remained relatively constant. The February 2008 median price actually jumped $50,000 from January 2008 and even surpassed the median price from February 2007. However, the number of closed transactions in February 2008 was almost half of what it was the previous year and the inventory available is significantly up from the same period in 2007. And that’s not even counting the new construction in downtown San Jose (i.e., City Heights, North Keystone, Axis, and soon to be The 88). So if you’re a buyer, you’ve got plenty of inventory to choose from. The following statistics represent Central San Jose’s (MLS Area 9 which includes downtown San Jose) condos, townhomes, and lofts.

*These statistics are generated using information from the MLSListings, Inc. (formerly RE InfoLink) MLS, but have not been verified and are not guaranteed. MLSListings, Inc. disclaims any resposibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.