San Jose• Updated
Market Pulse: Hot 🔥
San Jose is currently a Seller's Market. Homes are retaining 103% of their value (Sale Price to List Price Ratio). With 1281 active listings and 320 closed sales this month, inventory remains at 3.1 months of supply. Trends over the last half-year show median values moving down by 4%, while Average Days on Market has increased by 1%. Local listings are moving 5 days faster than the Santa Clara average.
Property Type Spotlight
Detached Homes
Entry Level Detached Home Market Trends Median Price Market Trend The average price in the Entry Level Detached Home segment has softened by 5% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Detached Home is increasing, with homes now staying on market for 47 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 104%.
| ||||||||||||||||||||
Mid-Market Detached Home Market Trends Median Price Market Trend The average price in the Mid-Market Detached Home segment has softened by 3% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Detached Home is increasing, with homes now staying on market for 46 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 103%.
| ||||||||||||||||||||
High-End Detached Home Market Trends Median Price Market Trend The average price in the High-End Detached Home segment has softened by 5% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Detached Home is increasing, with homes now staying on market for 49 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Negotiation leverage in High-End Detached Home has stabilized over the last 6 months, with sellers receiving 103%.
| ||||||||||||||||||||
Ultra-Luxury Detached Home Market Trends Median Price Market Trend The average price in the Ultra-Luxury Detached Home segment has risen by 1% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Ultra-Luxury Detached Home is increasing, with homes now staying on market for 57 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Negotiation leverage in Ultra-Luxury Detached Home has stabilized over the last 6 months, with sellers receiving 100%.
| ||||||||||||||||||||
Condo/Co-op
Entry Level Condo/Co-op Market Trends Median Price Market Trend Prices in the Entry Level Condo/Co-op tier have stabilized over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Condo/Co-op is increasing, with homes now staying on market for 62 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Negotiation leverage in Entry Level Condo/Co-op has stabilized over the last 6 months, with sellers receiving 99%.
| ||||||||||||||||||||
Mid-Market Condo/Co-op Market Trends Median Price Market Trend The average price in the Mid-Market Condo/Co-op segment has softened by 2% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Condo/Co-op is increasing, with homes now staying on market for 50 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Negotiation leverage in Mid-Market Condo/Co-op has stabilized over the last 6 months, with sellers receiving 99%.
| ||||||||||||||||||||
High-End Condo/Co-op Market Trends Median Price Market Trend The average price in the High-End Condo/Co-op segment has softened by 2% over the last 4 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Condo/Co-op is decreasing, with homes now staying on market for 91 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Condo/Co-op market is strengthening, with the Sale Price to List Price Ratio now at 100%.
| ||||||||||||||||||||
Townhomes
Entry Level Townhome Market Trends Median Price Market Trend The average price in the Entry Level Townhome segment has softened by 10% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Townhome is increasing, with homes now staying on market for 50 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Townhome market is strengthening, with the Sale Price to List Price Ratio now at 102%.
| ||||||||||||||||||||
Mid-Market Townhome Market Trends Median Price Market Trend The average price in the Mid-Market Townhome segment has risen by 5% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Townhome is increasing, with homes now staying on market for 53 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Townhome market is shifting towards buyers, with the Sale Price to List Price Ratio now at 100%.
| ||||||||||||||||||||
High-End Townhome Market Trends Median Price Market Trend The average price in the High-End Townhome segment has softened by 31% over the last 3 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Townhome is decreasing, with homes now staying on market for 37 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Townhome market is strengthening, with the Sale Price to List Price Ratio now at 102%.
| ||||||||||||||||||||
Ultra-Luxury Townhome Market Trends Median Price Market Trend The average price in the Ultra-Luxury Townhome segment has softened by 7% over the last 3 months. Days On Market Avg. Market Trend Lower is better Days on market for Ultra-Luxury Townhome is decreasing, with homes now staying on market for 32 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Ultra-Luxury Townhome market is strengthening, with the Sale Price to List Price Ratio now at 102%.
| ||||||||||||||||||||
Mobile/Manufactured Homes
Entry Level Mobile/Manufactured Home Market Trends Median Price Market Trend The average price in the Entry Level Mobile/Manufactured Home segment has risen by 5% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Mobile/Manufactured Home is increasing, with homes now staying on market for 79 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Mobile/Manufactured Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 97%.
| ||||||||||||||||||||
Multi-Family (2-4 Unit)
Entry Level Multi-Family (2-4 Unit) Market Trends Median Price Market Trend The average price in the Entry Level Multi-Family (2-4 Unit) segment has softened by 17% over the last 5 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Multi-Family (2-4 Unit) is increasing, with homes now staying on market for 41 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Multi-Family (2-4 Unit) market is shifting towards buyers, with the Sale Price to List Price Ratio now at 94%.
| ||||||||||||||||||||
Mid-Market Multi-Family (2-4 Unit) Market Trends Median Price Market Trend The average price in the Mid-Market Multi-Family (2-4 Unit) segment has softened by 8% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Multi-Family (2-4 Unit) is increasing, with homes now staying on market for 83 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Multi-Family (2-4 Unit) market is strengthening, with the Sale Price to List Price Ratio now at 97%.
| ||||||||||||||||||||
High-End Multi-Family (2-4 Unit) Market Trends Median Price Market Trend The average price in the High-End Multi-Family (2-4 Unit) segment has softened by 10% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Multi-Family (2-4 Unit) is decreasing, with homes now staying on market for 64 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Multi-Family (2-4 Unit) market is strengthening, with the Sale Price to List Price Ratio now at 100%.
| ||||||||||||||||||||
Ultra-Luxury Multi-Family (2-4 Unit) Market Trends Median Price Market Trend The average price in the Ultra-Luxury Multi-Family (2-4 Unit) segment has softened by 53% over the last 5 months. Days On Market Avg. Market Trend Lower is better Days on market for Ultra-Luxury Multi-Family (2-4 Unit) is decreasing, with homes now staying on market for 72 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Ultra-Luxury Multi-Family (2-4 Unit) market is shifting towards buyers, with the Sale Price to List Price Ratio now at 89%.
| ||||||||||||||||||||
Active Inventory Overview
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 237 | 7 | 85 | 8 | 337 |
| Detached Home | 37 | 195 | 342 | 63 | 637 |
| Mobile/Manufactured Home | 96 | — | 1 | — | 97 |
| Multi-Family (2-4 Unit) | 1 | 17 | 31 | 22 | 71 |
| Townhome | 62 | 6 | 69 | 2 | 139 |
Market Insights & FAQ
How is the real estate market in San Jose performing right now?
The data indicates a active environment in San Jose. Inventory is at 3.1 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
What are the current pricing trends for San Jose real estate?
Currently, $1,323,000 represents the median entry point for San Jose. Over the past half-year, values have moved downward by approximately 4% based on regional transaction data.
Are sellers in San Jose getting their full asking price?
Sellers hold significant leverage in San Jose, with a Sale Price to List Price Ratio of 103.2%. On average, properties are transitioning from active to sold status in 47 days.
How does the San Jose market compare to Santa Clara trends?
San Jose maintains a distinct profile within the broader Santa Clara region. Median home values are currently 47% lower than the regional average, reflecting the unique demand and inventory dynamics of this specific location.
Who is a top listing agent for Mid-Market Detached Home homes in San Jose?
If you're selling a Mid-Market Detached Home in San Jose, the data points to Kirsten Reilly as a standout choice. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Who is a top listing agent for High-End Detached Home homes in San Jose?
Our transaction-level analysis puts Rusty Paap at the top for High-End Detached Home listings in San Jose. Rusty Paap has consistently held closer to asking price than the typical High-End Detached Home agent in San Jose. For sellers prioritizing their final number, that's the metric that matters most.
Which agent is best for buying a High-End Multi-Family (2-4 Unit) in San Jose?
If you're hunting for a High-End Multi-Family (2-4 Unit) in San Jose, Ying Wang's track record speaks for itself. Buying effectively in this segment means knowing when and how hard to push. Their track record here shows they regularly outperform the local sale-to-list benchmark — in the buyer's favor.
Which agent is best for buying a Mid-Market Detached Home in San Jose?
Among agents actively helping buyers in the Mid-Market Detached Home space, Larry Nguyen stands out in San Jose. Their buyer closings in this segment show a sale-to-list ratio that's more favorable than the local average — a signal of effective negotiation that keeps final purchase prices competitive for buyers.
Which agent is best for buying a Entry Level Mobile/Manufactured Home in San Jose?
Kimberly Tuyetvan Hong has a strong showing as a buyer's agent in San Jose's Entry Level Mobile/Manufactured Home market. Across their deals in the Entry Level Mobile/Manufactured Home category, Kimberly Tuyetvan Hong has consistently achieved better-than-average terms relative to asking price in San Jose. That kind of negotiating edge compounds over a transaction.
Who is a top listing agent for Entry Level Townhome homes in San Jose?
Sellers of Entry Level Townhome homes in San Jose have found a reliable partner in Cindy Yang, based on closed deal data. Speed and price retention together are the hardest combination to find in a single agent. Their track record in the Entry Level Townhome category in San Jose reflects both.
Who is a top listing agent for Ultra-Luxury Detached Home homes in San Jose?
In the Ultra-Luxury Detached Home category, few agents in San Jose can match the track record of Thao Dang Brian Ng. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Who is a top listing agent for Mid-Market Townhome homes in San Jose?
Lannie Chen specializes in Mid-Market Townhome properties and has built a measurable edge in San Jose's market. Lannie Chen has consistently held closer to asking price than the typical Mid-Market Townhome agent in San Jose. For sellers prioritizing their final number, that's the metric that matters most.