Buyer's Market
▲ Heating UpCentral San Jose, San Jose Market Update
Central San Jose is shifting toward buyers. Here's where things stand:
- 25 days on market gives buyers time to be selective and negotiate
- Selling at or just above list price — fair offers still win here
- Monthly payment: $5,313 (20% down) — well below the Bay Area average
- Central San Jose pricing is 20% below the San Jose median ($1.06M vs. $1.33M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$1.06M
▼ -3.8% YoY
141 sold this month
Down $42K from last year
Days on Market
25 days
▼ -3d YoY
Typically sells within a month
Sale-to-List Ratio
100.2%
▼ from 102.6%
Selling at or just above asking
Active Inventory
113
Very low — limited options for buyers
Sold Above List
38%
▼ -10pp YoY
Some homes attract competing offers
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
43%
▲ 8pp YoY
Staying on market longer than usual
Monthly Payment
$5,313
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $1.06M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$544/mo on the median Central San Jose home. Your actual rate depends on your credit, down payment, and loan type.Central San Jose Trends
Median Sale Price
Down 3.8% year-over-year. The market is adjusting.
What You'd Actually Pay Per Month
Monthly cost has eased 11% year-over-year.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Central San Josewell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Central San Jose
Market data: Redfin Data Center · Rates: FRED / Federal Reserve · Updated weekly · Data through Feb 2026
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153