Mary & Clair's Market Report
San Jose, CA 95123
Condos/Townhomes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
San Jose, CA 95123
Wed Sep 16 2026
This week the median list price for San Jose, CA 95123 is $599,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 38.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $599,000 | |
| Median Price of New Listings | $739,500 | |
| Per Square Foot | $587 | |
| Average Days on Market | 136 | |
| Median Days on Market | 46 | |
| Price Decreased | 26% | |
| Price Increased | 0% | |
| Relisted | 8% | |
| Inventory | 38 | |
| Median Rent | ||
| Market Action | 42 | |
| Slight Seller's Advantage | ||
We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly 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 |
|---|---|---|---|---|---|---|---|---|
| $1,059,000 | 1,847 | 0 - 4,500 sqft | 3 | 4 | 11 | 1 | 2 | 35 |
| $679,000 | 1,002 | - | 2 | 2 | 41 | 0 | 3 | 63 |
| $498,500 | 924 | - | 2 | 1 | 56 | 0 | 0 | 35 |
| $475,000 | 798 | - | 2 | 1 | 56 | 1 | 0 | 84 |