If you’ve been waiting for the San Jose market to catch its breath, this might be your moment. Not a slowdown, but a subtle shift. Homes are still moving, but there’s a little more room to think, to compare, to choose.
Here’s what’s happening:
We’re seeing 336 homes on the market; more than we’ve had in a while. Prices are holding strong around $1.69M, but new listings are coming in just below that, which tells us sellers are listening. They know now isn’t the time to test the waters; it’s the time to attract real buyers. And attract they do—in just 14 days, on average!
So what does this mean for you?
If you’re selling:
Price with purpose. Buyers are informed, and overreaching can cost you momentum. Focus on what makes your home special: the light in the kitchen, the quiet cul-de-sac, the garden that’s already blooming. Those things matter more than ever.
If you’re buying:
Don’t mistake more options for unlimited time. Good homes priced right, in great areas, are still going fast. This isn’t a market full of bargains; it’s a market full of opportunity for those ready to act.
Spring in Silicon Valley has a way of shifting quickly. Deeper inventory won’t last forever, but right now, the door is open. Walk through!