Mary Pope-Handy's Market Report

San Jose, CA 95118

Condos/Townhomes

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



San Jose, CA 95118

Sun Jul 06 2025
This week the median list price for San Jose, CA 95118 is $601,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 6. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Jose, CA 95118

Sun Jul 06 2025
This week the median list price for San Jose, CA 95118 is $601,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 6. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Jose market.
Median List Price $601,000
Median Price of New Listings $0
Per Square Foot $678
Average Days on Market 74
Median Days on Market 60
Price Decreased 17%
Price Increased 0%
Relisted 33%
Inventory 6
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,224,950 1,210 0 - 4,500 sqft 2 2 50 0 1 14
$657,000 984 - 2 2 38 0 0 42
$522,000 795 - 1 1 47 0 1 108
$499,000 791 - 1 1 40 0 0 154