Mary Pope-Handy's Market Report

San Jose, CA 95138

Condos/Townhomes

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


San Jose, CA 95138

Wed Jul 16 2025
This week the median list price for San Jose, CA 95138 is $799,888 with the market action index hovering around 38. This is less than last month's market action index of 43. Inventory has increased to 7. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

San Jose, CA 95138

Wed Jul 16 2025
This week the median list price for San Jose, CA 95138 is $799,888 with the market action index hovering around 38. This is less than last month's market action index of 43. Inventory has increased to 7. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $799,888
Median Price of New Listings $0
Per Square Foot $703
Average Days on Market 42
Median Days on Market 21
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in 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
$1,249,400 1,749 0 - 4,500 sqft 2 2.5 28 0 0 14
$897,444 1,253 0 - 4,500 sqft 3 3 33 0 0 77
$687,499 1,003 0 - 4,500 sqft 1 2 26 0 0 52
$647,888 1,003 - 1 2 26 0 0 7