Mary & Clair's Market Report

San Jose, CA 95124

Single-Family Homes

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



San Jose, CA 95124

Thu Apr 02 2026
This week the median list price for San Jose, CA 95124 is $1,899,998 with the market action index hovering around 50. This is less than last month's market action index of 56. Inventory has increased to 51. 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 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.

San Jose, CA 95124

Thu Apr 02 2026
This week the median list price for San Jose, CA 95124 is $1,899,998 with the market action index hovering around 50. This is less than last month's market action index of 56. Inventory has increased to 51. 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 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

Never miss important changes in the San Jose market.
Median List Price $1,899,998
Median Price of New Listings $2,299,000
Per Square Foot $1,107
Average Days on Market 85
Median Days on Market 14
Price Decreased 18%
Price Increased 2%
Relisted 4%
Inventory 51
Median Rent
Market Action 50
Strong Seller's Market

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,589,000 2,392 6,500 - 8,000 sqft 4 3 61 5 4 7
$1,988,888 1,767 4,500 - 6,500 sqft 4 3 64 5 2 7
$1,799,998 1,560 4,500 - 6,500 sqft 3 2 66 1 0 21
$1,669,500 1,559 4,500 - 6,500 sqft 3 2 67 2 2 17