Mary & Clair's Market Report

San Jose, CA 95118

Condos/Townhomes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog


San Jose, CA 95118

Fri Oct 23 2026
This week the median list price for San Jose, CA 95118 is $565,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 15. 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.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

San Jose, CA 95118

Fri Oct 23 2026
This week the median list price for San Jose, CA 95118 is $565,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 15. 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.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $565,500
Median Price of New Listings $899,800
Per Square Foot $616
Average Days on Market 78
Median Days on Market 49
Price Decreased 20%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 35
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$899,400 1,438 0 - 4,500 sqft 3 3 42 1 1 108
$624,444 1,002 - 2 2 42 0 0 14
$517,450 857 0 - 4,500 sqft 2 1 56 0 0 56
$495,000 903 - 2 1 56 0 0 105