Theresa's Real Estate Market Report

San Jose, CA 95118

Single-Family Homes

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



San Jose, CA 95118

Sun Feb 09 2025
This week the median list price for San Jose, CA 95118 is $1,498,500 with the market action index hovering around 74. This is an increase over last month's market action index of 68. Inventory has increased to 8. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

San Jose, CA 95118

Sun Feb 09 2025
This week the median list price for San Jose, CA 95118 is $1,498,500 with the market action index hovering around 74. This is an increase over last month's market action index of 68. Inventory has increased to 8. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,498,500
Median Price of New Listings $1,498,000
Per Square Foot $1,119
Average Days on Market 83
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 74
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift 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
$1,775,000 1,613 6,500 - 8,000 sqft 3 2 NaN 1 0 224
$1,499,500 1,254 4,500 - 6,500 sqft 3 2 NaN 1 2 98
$1,448,000 1,206 4,500 - 6,500 sqft 3 2 NaN 1 2 10
$1,149,000 1,223 4,500 - 6,500 sqft 3 1.5 NaN 2 0 0