Market Report - The Brasil Group

San Jose, CA 95138

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com


San Jose, CA 95138

Tue Sep 01 2026
This week the median list price for San Jose, CA 95138 is $1,236,000 with the market action index hovering around 46. This is an increase over last month's market action index of 42. Inventory has decreased to 4. 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

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 Buyer's market, this price trend may be a result of improved quality (newer, larger homes) 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 95138

Tue Sep 01 2026
This week the median list price for San Jose, CA 95138 is $1,236,000 with the market action index hovering around 46. This is an increase over last month's market action index of 42. Inventory has decreased to 4. 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

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 Buyer's market, this price trend may be a result of improved quality (newer, larger homes) 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 $1,236,000
Median Price of New Listings $0
Per Square Foot $663
Average Days on Market 84
Median Days on Market 53
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 46
Strong Seller's Market

While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. 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
$1,599,000 1,803 0 - 4,500 sqft 3 3 31 0 0 28
$1,584,000 2,319 0 - 4,500 sqft 3 4 22 0 0 70
$888,000 1,377 0 - 4,500 sqft 3 3 34 0 0 35
$639,888 1,003 0 - 4,500 sqft 1 2 27 0 0 203