Monthly market wrap MONTHLY MARKET WRAP San Jose Single-family homes · May 2026 The San Jose market eased in May: most key signals moved the buyer's way. Median sale price $1.65M ▼ -3.9% vs Apr Time to pending 16d ▲ 5 days slower vs Apr Sold over asking 67% ▼ -4 pts vs Apr Active listings 565 ▼ -0.5% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Jose Single-family homes · May 2026 Most San Jose SFHs are still selling over asking (67%). Price to invite competition. 103.8% average sale price vs. asking price Sold over asking 67% vs. a year ago +2 pts 106.6% 104.0% 101.4% Sold at asking price 103.8% 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 Single-family homes · May 2026 The typical San Jose SFH closes +3.8% above its asking price. +$251K median sale price minus asking price Median asking price $1.4M Median sale price $1.65M $1.66M $1.46M $1.26M 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 Single-family homes · May 2026 San Jose SFH values dipped -6.9% from a year ago. $1.65M median sale price Year over year -6.9% Homes sold last month 378 $1.64M $1.42M $1.2M $1.65M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Jose Single-family homes · May 2026 The typical San Jose SFH goes pending in 16 days, 3 days slower than last year. 16 days median time to pending Gone within two weeks 50% vs. a year ago 3 days slower 19d 12d 6d 16d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Jose Single-family homes · May 2026 San Jose inventory is up 4.4% year over year, a steadier supply picture for SFHs. 565 active listings Year over year +4.4% Months of supply 1.5 492 356 220 565 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 Single-family homes · May 2026 1 in 3 San Jose listings cut its asking price last month. 37% of active listings cut their asking price vs. a year ago +3 pts Active listings 565 30% 22% 15% 37% 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 Single-family homes · May 2026 San Jose moves at two speeds: 50% of SFHs were gone inside two weeks while the rest sat longer. 50% of listings went pending within two weeks Median time to pending 16 days vs. a year ago +0 pts 58% 42% 26% Half of listings 50% 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 Single-family homes · May 2026 November is historically San Jose's calmest month for buyers: 4.6 pts less over-asking than April. November historically the calmest month for buyers Buyer's edge vs April -4.6 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.7 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 Single-family homes · May 2026 A San Jose SFH bought in 2016 has gained +78% in value since. +78% median sale price growth since 2016 Median price in 2016 $925K Average gain per year +6.0% $1.55M $1.29M $1.03M $1.65M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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