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 May 11 2025
This week the median list price for San Jose, CA 95118 is $1,798,000 with the market action index hovering around 76. This is less than last month's market action index of 79. Inventory has increased to 28.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $1,798,000 | |
| Median Price of New Listings | $1,550,000 | |
| Per Square Foot | $1,065 | |
| Average Days on Market | 57 | |
| Median Days on Market | 21 | |
| Price Decreased | 25% | |
| Price Increased | 11% | |
| Relisted | 7% | |
| Inventory | 28 | |
| Median Rent | ||
| Market Action | 76 | |
| Strong Seller's Market | ||
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,999,950 | 1,959 | 6,500 - 8,000 sqft | 4 | 3 | 63 | 1 | 1 | 21 |
| $1,848,000 | 1,780 | 6,500 - 8,000 sqft | 4 | 3 | 61 | 2 | 1 | 28 |
| $1,698,000 | 1,502 | 6,500 - 8,000 sqft | 3 | 2 | 59 | 0 | 1 | 21 |
| $1,498,000 | 1,335 | 4,500 - 6,500 sqft | 3 | 2 | 67 | 4 | 4 | 14 |