Today's Real Estate Market Update

San Jose, CA

Single-Family Homes

Thomas Vo | 408.505.6278 | https://thomasvorealtor.com/



San Jose, CA

Sun Mar 16 2025
This week the median list price for San Jose, CA is $1,649,500 with the market action index hovering around 73. This is less than last month's market action index of 74. Inventory has increased to 295. Click here to stay informed with the San Jose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Jose, CA

Sun Mar 16 2025
This week the median list price for San Jose, CA is $1,649,500 with the market action index hovering around 73. This is less than last month's market action index of 74. Inventory has increased to 295. Click here to stay informed with the San Jose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,649,500
Median Price of New Listings $1,683,233
Per Square Foot $975
Average Days on Market 79
Median Days on Market 7
Price Decreased 15%
Price Increased 4%
Relisted 6%
Inventory 295
Median Rent
Market Action 73
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,888,000 2,854 8,000 - 10,000 sqft 4 3 59 29 19 7
$1,849,500 1,833 6,500 - 8,000 sqft 4 2 59 27 25 7
$1,496,500 1,496 4,500 - 6,500 sqft 3 2 57 29 28 7
$1,049,000 1,199 4,500 - 6,500 sqft 3 2 66 24 23 14