Your Real Estate Market Update
San Jose, CA 95148
Single-Family Homes
The Most Powerful Market Insights from Arcus Homes
San Jose, CA 95148
Fri May 09 2025
This week the median list price for San Jose, CA 95148 is $1,718,944 with the market action index hovering around 58. This is less than last month's market action index of 65. Inventory has increased to 24.
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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $1,718,944 | |
| Median Price of New Listings | $1,748,888 | |
| Per Square Foot | $944 | |
| Average Days on Market | 29 | |
| Median Days on Market | 11 | |
| Price Decreased | 21% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 24 | |
| Median Rent | ||
| Market Action | 58 | |
| Strong Seller's Market | ||
In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,348,944 | 2,421 | 8,000 - 10,000 sqft | 5 | 3 | 29 | 2 | 1 | 38 |
| $1,894,000 | 2,125 | 6,500 - 8,000 sqft | 4 | 3 | 48 | 4 | 1 | 0 |
| $1,593,750 | 1,398 | 4,500 - 6,500 sqft | 3 | 2 | 39 | 2 | 0 | 24 |
| $1,338,000 | 1,376 | 4,500 - 6,500 sqft | 3 | 2.5 | 47 | 1 | 1 | 14 |