Monthly market wrap MONTHLY MARKET WRAP San Jose Townhouses · May 2026 The San Jose market eased in May: most key signals moved the buyer's way. Median sale price $975K ▼ -9.7% vs Apr Time to pending 22d ▲ 6 days slower vs Apr Sold over asking 53% ▼ -5 pts vs Apr Active listings 154 ▲ +6.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Jose Townhouses · May 2026 Most San Jose townhouses are still selling over asking (53%). Price to invite competition. 101.9% average sale price vs. asking price Sold over asking 53% vs. a year ago -10 pts 104.3% 102.6% 100.9% Sold at asking price 101.9% 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 Townhouses · May 2026 The typical San Jose townhouse closes +1.9% above its asking price. -$424K median sale price minus asking price Median asking price $1.4M Median sale price $975K $1.37M $1.2M $1.03M 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 Townhouses · May 2026 San Jose townhouse values dipped -7.1% from a year ago. $975K median sale price Year over year -7.1% Homes sold last month 64 $1.12M $991K $864K $975K Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Jose Townhouses · May 2026 The typical San Jose townhouse goes pending in 22 days, 4 days slower than last year. 22 days median time to pending Gone within two weeks 46% vs. a year ago 4 days slower 41d 27d 14d 22d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Jose Townhouses · May 2026 San Jose inventory is up 24.2% year over year, so sellers have more competition. 154 active listings Year over year +24.2% Months of supply 2.4 133 97 61 154 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 Townhouses · May 2026 1 in 2 San Jose listings cut its asking price last month, up 7 pts from a year ago. 41% of active listings cut their asking price vs. a year ago +7 pts Active listings 154 39% 28% 17% 41% 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 Townhouses · May 2026 San Jose moves at two speeds: 46% of townhouses were gone inside two weeks while the rest sat longer. 46% of listings went pending within two weeks Median time to pending 22 days vs. a year ago +9 pts 43% 31% 18% Half of listings 46% 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 Townhouses · May 2026 December is historically San Jose's calmest month for buyers: 4.7 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -4.7 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.9 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 Townhouses · May 2026 San Jose townhouse values are up +44% over the past 10 years. +44% median sale price growth since 2016 Median price in 2016 $677K Average gain per year +3.7% $1.06M $906K $754K $975K May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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