Mary & Clair's Market Report
San Jose, CA 95148
Single-Family Homes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
San Jose, CA 95148
Wed Apr 01 2026
This week the median list price for San Jose, CA 95148 is $1,633,500 with the market action index hovering around 76. This is less than last month's market action index of 77. Inventory has increased to 12.
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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $1,633,500 | |
| Median Price of New Listings | $1,404,943 | |
| Per Square Foot | $924 | |
| Average Days on Market | 27 | |
| Median Days on Market | 7 | |
| Price Decreased | 33% | |
| Price Increased | 8% | |
| Relisted | 8% | |
| Inventory | 12 | |
| Median Rent | ||
| Market Action | 76 | |
| Strong Seller's Market | ||
This week prices in this zip code bumped up a bit but the trend of the last few weeks is generally downward. Look for an up shift in the Market Action Index before we see a significant rise 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 |
|---|---|---|---|---|---|---|---|---|
| $1,899,000 | 2,036 | 8,000 - 10,000 sqft | 4 | 3 | 48 | 0 | 1 | 14 |
| $1,798,000 | 1,823 | 4,500 - 6,500 sqft | 3 | 3 | 23 | 1 | 1 | 7 |
| $1,559,000 | 1,955 | 4,500 - 6,500 sqft | 4 | 2 | 48 | 1 | 1 | 7 |
| $1,275,990 | 1,380 | 6,500 - 8,000 sqft | 3 | 2 | 45 | 2 | 0 | 0 |