Mary Pope-Handy's Market Report

San Jose, CA 95129

Single-Family Homes

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



San Jose, CA 95129

Fri May 09 2025
This week the median list price for San Jose, CA 95129 is $2,948,000 with the market action index hovering around 75. This is less than last month's market action index of 82. Inventory has increased to 20. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Jose, CA 95129

Fri May 09 2025
This week the median list price for San Jose, CA 95129 is $2,948,000 with the market action index hovering around 75. This is less than last month's market action index of 82. Inventory has increased to 20. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $2,948,000
Median Price of New Listings $2,948,444
Per Square Foot $1,519
Average Days on Market 13
Median Days on Market 0
Price Decreased 10%
Price Increased 10%
Relisted 0%
Inventory 20
Median Rent
Market Action 75
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$3,690,000 2,623 6,500 - 8,000 sqft 5 3 19 3 0 0
$2,998,888 2,008 6,500 - 8,000 sqft 3 3 61 3 2 0
$2,799,000 1,659 6,500 - 8,000 sqft 4 3 67 3 2 0
$2,100,000 1,496 4,500 - 6,500 sqft 3 2 64 3 3 0