San Jose Homes Selling Faster This Spring

San Jose homes were still moving at a sprint in March, with the typical sale closing at $1.488 million after about 10 days on market. (redfin.com) Redfin says San Jose homes received three offers on average in March 2026, and the average sale closed at 104.5% of the list price. (redfin.com) The hottest properties moved even faster. Redfin says hot homes in San Jose went pending in around seven days and sold for about 10% above list. (redfin.com) That pace was not just a one-off week. Redfin counted 508 homes sold in San Jose in March, up from 489 a year earlier, while the median sale price was up 0.5% year over year. (redfin.com) Other market trackers show the same pattern, though with different methodology. Zillow put San Jose’s typical home value at $1,463,614 in March and its median days to pending at 11 days, with 56.5% of sales above list in February. (zillow.com) Realtor.com, which tracks listings rather than closed sales, showed a cooler but still brisk market: a $1,249,888 median listing price, 1,414 active listings, and 23 median days on market in March. (realtor.com) The split matters because each company measures a different part of the funnel. Redfin’s figures describe homes that actually sold, while Realtor.com’s numbers capture asking prices and active listings that can include slower-moving homes. (redfin.com) (realtor.com) San Jose also stood out against a weaker statewide backdrop. The California Association of Realtors said statewide existing single-family home sales fell 3.5% in March from February, while the statewide median days to sell edged up to 23. (car.org) Even as California slowed, San Jose kept attracting sellers. In Redfin’s April 9 weekly release, San Jose was one of only five major metros with rising new listings, up 14.4% year over year, and pending sales up 11.4%. (redfin.com) That helps explain why buyers this spring still faced fast decisions, multiple-offer competition, and sale prices above asking. In San Jose, “faster” still means roughly a week for the hottest homes and about 10 days for the market overall. (redfin.com)