"San Jose blends suburban calm with Silicon Valley energy, and its housing market reflects that balance. The market is only somewhat competitive, with homes receiving about 4 offers on average and selling in around 20 days. The median sale price in July 2025 was $1,498,500, showing the high cost of living in the Bay Area. Still, with 51.6% of homes selling above list price and a 101.9% sale-to-list ratio, sellers are in a strong position."
"Mekaila is a Marketing Program Manager at Redfin with 6+ years of experience creating resources to help buyers and sellers navigate every stage of the real estate journey. She focuses on helping readers understand one of the most important steps: closing on a home purchase. Based in the Greater Seattle area, you'll find her exploring new restaurants, catching a comedy show, or getting lost in a good book."
San Jose blends suburban calm with Silicon Valley energy and shows a moderately competitive housing market. Homes receive about four offers on average and sell in around 20 days. The July 2025 median sale price was $1,498,500, reflecting the region's high cost of living. Sellers remain strong, with 51.6% of homes selling above list price and a 101.9% sale-to-list ratio. Simultaneously, 40.1% of listings experienced price reductions, creating negotiation opportunities for buyers. The data indicates a market with robust seller advantages alongside pockets of buyer leverage where prices have been adjusted.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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