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As spring transitioned into summer, the 95124 housing market showed no signs of slowing down. Buyers remained active, homes continued to sell quickly, and June brought an impressive increase in the number of completed sales. Whether you’re thinking about buying or selling, here’s what changed between May and June.
More Homes Sold in June
The biggest story this month is simple: more homes changed hands.
After a strong May with 40 closed sales, June saw that number climb to 50 homes sold—a 25% increase. That’s a clear sign that buyer demand remained strong as families looked to settle into a new home before the end of summer.
Home Prices Stay Steady
While sales activity picked up, home prices eased just slightly.
The median list price dipped from $1.75 million in May to $1.72 million in June, while the average sale price moved from $2.07 million to $2.04 million.
These are relatively small month-to-month changes and don’t suggest the market is weakening. Instead, they point to sellers pricing their homes more strategically to attract strong interest from buyers right out of the gate.
Competition Is Still Strong
Even with slightly lower average sale prices, buyers continued to compete for desirable homes.
In May, homes sold for an average of 102.4% of their asking price. By June, that figure had increased to 103.1%, showing that well-priced homes were still attracting multiple offers and selling above list price.
The takeaway? Buyers are still willing to pay a premium for homes that are priced well and show beautifully.
Homes Continue to Sell Quickly
The pace of the market changed very little.
Average days on market increased from 20 days in May to 22 days in June, meaning most homes were still selling in about three weeks. That’s a healthy sign of a market where demand continues to outpace supply.
What This Means for Buyers and Sellers
For Sellers
This continues to be a favorable market. Buyers are active, homes are selling quickly, and strong demand is still leading to multiple-offer situations. Pricing your home correctly from the beginning remains one of the best ways to maximize interest and achieve a great result.
For Buyers
The increase in closed sales is encouraging, but competition hasn’t disappeared. Well-priced homes are still receiving multiple offers, so being pre-approved, working with a clear strategy, and moving quickly when the right home comes along remain essential.
Bottom Line
June reinforced what we’ve been seeing throughout much of 2026: the 95124 market remains healthy, competitive, and active. More homes sold, buyers continued to compete for quality listings, and pricing remained remarkably stable. Whether you’re planning to buy, sell, or simply keep an eye on the market, these trends point to a strong summer season ahead.
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About the Author – Michelle Elliott
With over 20 years of experience navigating the fast-paced Silicon Valley market, I provide a strategic, results-driven approach to residential real estate. My career is built on a foundation of deep local expertise and a relentless commitment to my clients’ success, resulting in over $235 million in lifetime sales volume and a consistent ranking in the top 3% of agents in Santa Clara County and top 2% at Coldwell Banker. My expertise has been featured on KTVU Fox 2, Real Producers and the Willow Glen Resident. She is also the co-host of the San Jose Podcast “Say What You Want About Real Estate”
A Hyper-Local Expert with Global Reach
I specialize in San Jose, in the neighborhoods of Willow Glen (95125 & 95124) Cambrian Park and Almaden, Downtown San Jose/Japantown (95112) markets. As a certified Luxury Property Specialist with Coldwell Banker Realty, I combine high-end marketing strategies with granular neighborhood knowledge to help my clients achieve premium results.
The “Tiger” at the Negotiating Table
My clients have characterized me as a “tiger” at the negotiating table who remains “sweet and patient” with my clients throughout the process. I pride myself on being a fierce advocate for my buyers and sellers, ensuring the best possible terms in every transaction, and I strive to be the best Realtor in 95125! This balance, drive, and tenacity have earned me consistent 5-star ratings across Google, Zillow, Realtor.com, and Yelp.
Michelle Elliott
Michelle@michelleelliottrealtor.com
1712 Meridian Ave, Ste C, San Jose, CA
DRE 01777533
