Monthly market wrap MONTHLY MARKET WRAP San Jose All home types · May 2026 The San Jose market eased in May: most key signals moved the buyer's way. Median sale price $1.4M ▼ -8.0% vs Apr Time to pending 20d ▲ 7 days slower vs Apr Sold over asking 58% ▼ -4 pts vs Apr Active listings 1,084 ▼ -0.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Jose All home types · May 2026 Most San Jose homes are still selling over asking (58%). Price to invite competition. 102.7% average sale price vs. asking price Sold over asking 58% vs. a year ago -2 pts 105.3% 103.2% 101.2% Sold at asking price 102.7% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP San Jose All home types · May 2026 The typical San Jose home closes +2.7% above its asking price. +$4K median sale price minus asking price Median asking price $1.4M Median sale price $1.4M $1.46M $1.34M $1.22M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE San Jose All home types · May 2026 San Jose home values dipped -6.5% from a year ago. $1.4M median sale price Year over year -6.5% Homes sold last month 536 $1.39M $1.21M $1.03M $1.4M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Jose All home types · May 2026 The typical San Jose home goes pending in 20 days, 6 days slower than last year. 20 days median time to pending Gone within two weeks 44% vs. a year ago 6 days slower 27d 18d 9d 20d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Jose All home types · May 2026 San Jose inventory is up 5.3% year over year, a steadier supply picture for homes. 1,084 active listings Year over year +5.3% Months of supply 2.0 966 743 519 1,084 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in San Jose? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS San Jose All home types · May 2026 1 in 3 San Jose listings cut its asking price last month, up 5 pts from a year ago. 36% of active listings cut their asking price vs. a year ago +5 pts Active listings 1,084 29% 23% 16% 36% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET San Jose All home types · May 2026 San Jose moves at two speeds: 44% of homes were gone inside two weeks while the rest sat longer. 44% of listings went pending within two weeks Median time to pending 20 days vs. a year ago -2 pts 50% 36% 22% Half of listings 44% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY San Jose All home types · May 2026 November is historically San Jose's calmest month for buyers: 4.2 pts less over-asking than April. November historically the calmest month for buyers Buyer's edge vs April -4.2 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.5 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE San Jose All home types · May 2026 A San Jose home bought in 2016 has gained +68% in value since. +68% median sale price growth since 2016 Median price in 2016 $833K Average gain per year +5.4% $1.33M $1.12M $910K $1.4M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
Get your own Market Pulse ListingCopilot gives you a free branded market report page like this one for every city you serve, plus share-ready cards refreshed monthly with the latest market data.
Create your free page 