Mary & Clair's Market Report

San Jose, CA 95123

Single-Family Homes

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



San Jose, CA 95123

Thu Apr 02 2026
This week the median list price for San Jose, CA 95123 is $1,450,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 27. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

San Jose, CA 95123

Thu Apr 02 2026
This week the median list price for San Jose, CA 95123 is $1,450,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 27. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $1,450,000
Median Price of New Listings $1,450,000
Per Square Foot $892
Average Days on Market 62
Median Days on Market 7
Price Decreased 15%
Price Increased 0%
Relisted 0%
Inventory 27
Median Rent
Market Action 78
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
$1,719,900 1,933 4,500 - 6,500 sqft 4 2 56 2 6 14
$1,499,000 1,544 4,500 - 6,500 sqft 4 2 58 4 1 0
$1,399,950 1,409 4,500 - 6,500 sqft 3 2 54 4 0 0
$1,270,000 1,644 4,500 - 6,500 sqft 3 2 56 1 1 17