Mary Pope-Handy's Market Report

San Jose, CA 95135

Single-Family Homes

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



San Jose, CA 95135

Fri May 09 2025
This week the median list price for San Jose, CA 95135 is $2,128,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has increased to 9. 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 the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

San Jose, CA 95135

Fri May 09 2025
This week the median list price for San Jose, CA 95135 is $2,128,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has increased to 9. 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 the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $2,128,000
Median Price of New Listings $2,053,500
Per Square Foot $1,011
Average Days on Market 74
Median Days on Market 7
Price Decreased 11%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 58
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,574,994 3,944 5 - 10 acres 5 3.5 19 0 1 108
$2,768,975 2,548 0.5 - 1 acre 4 2.5 32 1 0 213
$2,053,500 2,029 4,500 - 6,500 sqft 4 3 21 2 2 0
$1,598,786 2,032 4,500 - 6,500 sqft 3 2 49 1 0 7