MarketsSan Jose, CA

Is the housing market slowing down in San Jose, CA?

No real change. 1,194 homes sold in San Jose, CA during May 2026, against 1,109 in the same months a year earlier. That gap is small enough to be ordinary month-to-month variation rather than a trend.

1,194
Homes sold
May 2026
1,109
Same months last year
about the same
1,431
Two years ago
the May window
16
Days to sell (typical)
▲ 1 day vs last year

This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.

We call this unchanged deliberately. The difference between 1,194 and 1,109 sales is inside the range that a normal month produces on its own, so calling it a decline or a recovery would be reading a story into noise.

The longer view, all measured over the May window so the season is held constant: 1,431 homes sold two years ago, 1,109 last year, 1,194 now. Activity is meaningfully below where it was two years ago.

What is on the shelf next to what is selling: 2,332 homes were on the market in San Jose, CA, and 1,194 sold. At that pace it would take about 2.0 months to clear them all. There are more buyers than homes for sale. Sellers have the edge.

Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.

Source: Redfin's published market data for the San Jose, CA area, through May 2026.

2023-06 2026-05
Typical sale price, month by month.

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Figures come from Redfin's published market data for the San Jose, CA area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.