Mary Pope-Handy'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

Tue Jul 01 2025
This week the median list price for San Jose, CA 95120 is $1,448,500 with the market action index hovering around 46. This is less than last month's market action index of 53. Inventory has held steady at or around 10. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 95120

Tue Jul 01 2025
This week the median list price for San Jose, CA 95120 is $1,448,500 with the market action index hovering around 46. This is less than last month's market action index of 53. Inventory has held steady at or around 10. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 $1,448,500
Median Price of New Listings $1,174,450
Per Square Foot $737
Average Days on Market 29
Median Days on Market 39
Price Decreased 40%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 46
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$1,798,000 2,454 0 - 4,500 sqft 3 3 38 0 1 49
$1,637,000 2,462 0 - 4,500 sqft 3 3 36 1 0 24
$1,249,000 1,703 0 - 4,500 sqft 3 2 45 2 0 0
$1,098,500 1,216 0 - 4,500 sqft 2 2 51 1 0 24