Mary & Clair's Market Report

San Jose, CA 95120

Condos/Townhomes

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


San Jose, CA 95120

Fri Oct 23 2026
This week the median list price for San Jose, CA 95120 is $1,348,500 with the market action index hovering around 41. This is less than last month's market action index of 50. 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.

Slight Seller's Advantage

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 95120

Fri Oct 23 2026
This week the median list price for San Jose, CA 95120 is $1,348,500 with the market action index hovering around 41. This is less than last month's market action index of 50. 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.

Slight Seller's Advantage

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 $1,348,500
Median Price of New Listings $0
Per Square Foot $703
Average Days on Market 142
Median Days on Market 161
Price Decreased 25%
Price Increased 0%
Relisted 50%
Inventory 4
Median Rent
Market Action 41
Slight Seller's Advantage

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

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
$1,648,000 2,535 0 - 4,500 sqft 3 3 46 0 0 49
$1,498,000 2,535 - 3 3 46 0 0 154
$1,199,000 1,585 - 3 3 40 0 0 168
$1,080,000 1,298 0 - 4,500 sqft 2 2 40 0 0 196