San Jose-Sunnyvale-Santa Clara, CA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling San Jose-Sunnyvale-Santa Clara market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across San Jose-Sunnyvale-Santa Clara, CA.
The San Jose-Sunnyvale-Santa Clara metropolitan area is currently experiencing a Cooling market condition, primarily indicated by a pending ratio of 0.43. This metric, which measures demand against available inventory, suggests a slowdown in transactional velocity.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Sep 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Building permits (private housing units) · Sep 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the San Jose-Sunnyvale-Santa Clara market right now.
Active listings in the market have expanded by 17.4% over the past year, reaching 2,112 units, while new listings saw a marginal increase of 0.3%. Concurrently, the pending ratio declined by 13.1% year-over-year, indicating a substantial shift in demand absorption dynamics. The median listing price increased by 1.7% year-over-year, alongside a slight 0.5% gain in median price per square foot, suggesting some price stability despite the broader market rebalancing.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio at 0.43 and a significant annual increase in active inventory, the market exhibits reduced urgency for demand. The elevated supply levels suggest that prospective demand may exert greater influence on transaction timelines and terms, necessitating more refined pricing strategies from sellers to achieve absorption.
The average listing price decreased by 6.5% year-over-year to $1,846,175, while the median listing price saw a modest 1.7% annual increase, resulting in an elevated spread between average and median pricing. This divergence suggests some softness within the higher-priced tiers of the market. Estimated median square footage remains stable at 1,608 square feet.
2,112 active listings represent the current floor, with new supply arriving at roughly 1,336 per month.
of active listings carry a price reduction, +4.6% from prior period.
Median price per square foot has moved +0.5% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in San Jose-Sunnyvale-Santa Clara, CA? Inventory is up 17% from last year.
San Jose-Sunnyvale-Santa Clara, CA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 43%
- Median Days on Market
- 35 days
- Inventory YoY
- +17%
San Jose-Sunnyvale-Santa Clara, CA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
ZIPs in San Jose-Sunnyvale-Santa Clara, CA
95023
hollister
$809K
106 active · 48 DOM
95037
morgan hill
$1.37M
102 active · 52 DOM
95003
aptos
$1.40M
90 active · 63 DOM
95125
san jose
$1.70M
90 active · 30 DOM
95035
milpitas
$1.11M
89 active · 30 DOM
95076
watsonville
$919K
89 active · 60 DOM
95123
san jose
$1.21M
77 active · 31 DOM
95060
santa cruz
$1.42M
70 active · 49 DOM
95008
campbell
$1.63M
67 active · 42 DOM
95135
san jose
$806K
63 active · 72 DOM
95051
santa clara
$1.60M
61 active · 31 DOM
95014
cupertino
$2.87M
60 active · 30 DOM
95124
san jose
$1.77M
59 active · 23 DOM
95136
san jose
$1.29M
58 active · 37 DOM
95112
san jose
$886K
53 active · 40 DOM
95120
san jose
$2.20M
48 active · 29 DOM
95032
los gatos
$2.28M
46 active · 34 DOM
95126
san jose
$1.01M
46 active · 33 DOM
Sorted by active inventory · click a ZIP for its full report