91 homes in near Majestic Way Elementary
Homes for Sale near Majestic Way Elementary
San Jose, CA
About Homes near Majestic Way Elementary
These are homes for sale within about 2 miles of Majestic Way Elementary in San Jose (Topfind School Score: 9/10). The area around the school has 91 active listings.
Majestic Way Elementary Area Market Pulse
Topfind Market Read
Conditions are steady overall. Supply sits at 5.7 months, roughly in step with demand, and 31% of sellers have trimmed their asking price. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.29M
↑ 6% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.7 months of supply
Balanced Supply91 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~46 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 10% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Majestic Way Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
326,767 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $348K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$518K)
Price Reductions
28 listings have reduced their price
31% of active listings
Average reduction: 7.7% (~$99K)
Majestic Way Elementary Area Market Overview
Majestic Way Elementary serves students at the elementary level within the Berryessa Union Elementary district. It earns a Topfind School Score of 9. Homes in the Majestic Way Elementary area carry a median list price of $1.3M. That is about 3.9% above the San Jose median. The median price moved from $1.4M in February to $1.5M in July, a 4.6% increase over six months. Right now 91 homes are on the market in the Majestic Way Elementary area. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
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Frequently Asked Questions about Homes near Majestic Way Elementary
How many homes are for sale in Majestic Way Elementary Area, CA?
There are currently 91 homes for sale in Majestic Way Elementary Area, ranging from $395,000 to $2,888,000. 8 of them hit the market within the last week.
What is the median home price in Majestic Way Elementary Area?
The median list price in Majestic Way Elementary Area is $1,288,000. Price per square foot averages $850. Prices are up 5.5% compared to a year ago.
How fast do homes sell in Majestic Way Elementary Area?
Homes in Majestic Way Elementary Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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