Theresa's Real Estate Market Report

San Jose, CA 95124

Single-Family Homes

Theresa Wellman | 408.839.4196, voice or text | https://www.HomeownerExperience.com/


San Jose, CA 95124

Tue May 05 2026
This week the median list price for San Jose, CA 95124 is $1,888,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 69. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Jose, CA 95124

Tue May 05 2026
This week the median list price for San Jose, CA 95124 is $1,888,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 69. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,888,000
Median Price of New Listings $2,046,500
Per Square Foot $1,168
Average Days on Market 77
Median Days on Market 14
Price Decreased 25%
Price Increased 3%
Relisted 6%
Inventory 69
Median Rent
Market Action 51
Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$2,649,500 2,447 6,500 - 8,000 sqft 4 3 62 6 3 7
$1,995,000 1,719 6,500 - 8,000 sqft 3 2 67 7 3 7
$1,798,000 1,614 6,500 - 8,000 sqft 3 2 67 1 1 42
$1,599,000 1,300 4,500 - 6,500 sqft 3 2 67 4 4 28