This week, San Jose’s market remains firmly in a strong seller’s stance. The median list price sits at $1,600,000 and the Market Action Index (MAI) is 61, signaling ongoing seller velocity. Inventory ticked up to 338 homes, giving buyers more to choose from while homes still move quickly, with a median of 14 days on market.
For Sellers: This is not a moment to overprice. Attractive, well-presented homes in the mid-range (roughly $1.4M–$1.9M) continue to draw robust interest and favorable terms. A precise list price aligned with current demand, plus a strong online presentation, remains your strongest tool to maximize showings and offers.
For Buyers: You now have more options to compare, but speed still matters. Listings are being priced with current demand in mind, as shown by the 9% price decreases, 4% price increases, and 12% relists. Financing readiness and a clean, concise bid package will help you stand out in a fast market.
Overall, there’s opportunity on both sides of the table: strategic pricing for sellers and disciplined, well-supported offers for buyers.