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The transition from July to August 2025 showed that the 95125 housing market wasn’t slowing down—it was simply shifting gears.
While fewer homes sold during August, buyers remained motivated, homes sold even faster, and average sale prices continued to climb. It’s a great reminder that the number of transactions doesn’t always tell the whole story. In this case, less inventory didn’t mean less demand.
Here’s a closer look at what happened as summer began winding down.
Home Prices Continued to Climb
One of the biggest stories in August was the increase in home values.
The average sales price rose from $1.76 million in July to $1.91 million in August, an increase of about 8.5% in just one month.
Interestingly, sellers were actually pricing homes a little more conservatively. The median list price dipped from $1.81 million in July to $1.75 million in August.
That combination tells us buyers were still willing to compete for the right homes. Strategic pricing likely helped attract strong interest, while several higher-end sales may have also contributed to the jump in average sale prices.
Fewer Homes Sold, but They Sold Faster
It’s common to see activity slow a bit as families wrap up summer vacations and prepare for the new school year.
Closed sales declined from 40 homes in July to 29 in August, but the homes that came to market didn’t stay there for long.
The average time on market actually improved, dropping from 21 days to just 19 days. Well-priced homes continued to attract serious buyers and move quickly.
Buyers Continued to Compete
Competition remained healthy throughout August.
Homes sold for an average of 101.2% of their asking price, up slightly from 100.8% in July. While the difference may seem small, it reflects a market where buyers were still willing to pay above list price to secure a home.
In a neighborhood as desirable as 95125, that’s another sign that demand remained strong even as inventory tightened.
What This Means for Sellers
If you’ve been considering selling, August’s numbers are encouraging.
Homes were selling in less than three weeks on average, buyers continued to compete, and average sale prices moved higher. The results reinforce an important lesson: thoughtful pricing, professional marketing, and strong presentation can create the conditions for multiple offers and excellent outcomes.
What This Means for Buyers
For buyers, August was a reminder that preparation matters.
With fewer homes available and properties selling quickly, waiting too long to make a decision could mean missing out. Having financing in place, understanding current market conditions, and working with an experienced local agent can make all the difference when the right home becomes available.
Looking Ahead
As the market moved from July into August, it became clear that buyer demand remained resilient despite seasonal changes. Higher average sale prices, faster sales, and homes continuing to sell above asking price all pointed to a market that was still very competitive.
While every season brings its own trends, one thing remained consistent throughout the summer: well-priced homes in 95125 continued to attract strong interest from motivated buyers.
If you’re wondering what these trends mean for your home’s value—or you’re thinking about making a move—I’d be happy to help you understand today’s market and build a strategy that’s right for your goals.
GET YOUR FREE HOME SELLING BOOK
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
