As spring gave way to summer, the Almaden housing market continued to demonstrate why it’s one of San Jose’s most desirable places to call home. June brought a mix of rising home prices, fewer overall sales, and even faster-moving listings—proof that strong buyer demand is still very much alive.

Whether you’re thinking about buying, selling, or simply keeping an eye on the market, here’s what changed between May and June.

Home Prices Move Higher

Home values continued to trend upward in June. The average sale price increased from $2.29 million in May to $2.45 million, a sign that buyers remain willing to pay a premium for well-located, well-presented homes in Almaden.

What’s especially interesting is that sellers didn’t raise their asking prices. The median list price stayed virtually unchanged, moving only slightly from $2.0 million in May to $1.99 million in June.

At the same time, buyers became even more competitive. The sale-to-list price ratio climbed from 101.3% to 102.9%, meaning many homes continued to sell above asking price. When desirable homes hit the market, buyers were still stepping up with strong offers.

Fewer Sales, Faster Results

While fewer homes closed in June, the market actually picked up speed.

The number of homes sold declined from 42 in May to 29 in June, but the homes that did come to market sold much faster. Average days on market dropped from 22 days to just 15 days, giving sellers a shorter window from listing to closing.

This tells us that inventory remains limited, and buyers are moving quickly when the right property becomes available.

What This Means for Buyers

If you’re planning to buy in Almaden, preparation is key. Desirable homes are still attracting multiple offers and selling above list price, often in just a couple of weeks. Having your financing in place and being ready to act quickly can make all the difference when the right opportunity comes along.

What This Means for Sellers

For sellers, the market continues to be very favorable. Even though fewer homes sold in June, those that were priced well and presented beautifully moved quickly and commanded premium prices. If you’ve been considering selling, today’s market continues to reward thoughtful pricing, professional marketing, and strategic preparation.

Bottom Line

June’s numbers show that the Almaden market remains exceptionally strong. Home prices continue to rise, buyers are competing for quality homes, and listings are selling faster than they were just a month ago. While the pace of sales has slowed slightly, demand remains high and inventory continues to support a competitive market.

If you’re wondering what these trends mean for your home—or you’re thinking about buying in Almaden—I’d be happy to help you understand your options and create a strategy that’s right for you.

About Michelle Elliott

With more than 20 years of experience helping clients navigate Silicon Valley’s competitive real estate market, I combine local expertise with strategic marketing and skilled negotiation to help buyers and sellers achieve exceptional results.

Throughout my career, I’ve closed more than $235 million in lifetime sales, consistently ranked among the Top 3% of Realtors in Santa Clara County and the Top 2% of Coldwell Banker agents, and have been featured by KTVU Fox 2, Real Producers, and The Willow Glen Resident. I’m also the co-host of the San Jose real estate podcast, “Say What You Want About Real Estate.”

Your Local Neighborhood Expert

I proudly serve buyers and sellers throughout San Jose, with a special focus on Willow Glen, Cambrian Park, Almaden Valley, Downtown San Jose, and Japantown. As a Certified Luxury Property Specialist with Coldwell Banker Realty, I blend neighborhood knowledge with innovative marketing strategies to help my clients maximize their results.

A Strong Negotiator. A Trusted Advocate.

Clients often describe me as a “tiger” in negotiations and a calm, supportive guide throughout the buying or selling process. I believe every client deserves honest advice, clear communication, and someone who will fiercely protect their interests from start to finish. That’s a commitment that has earned me consistent 5-star reviews across Google, Zillow, Realtor.com, and Yelp.

Michelle Elliott

REALTOR® | Coldwell Banker Realty

📞 408-839-7915

📧 Michelle@MichelleElliottRealtor.com

🌐 MichelleElliottRealtor.com

📍 1712 Meridian Avenue, Suite C, San Jose, CA

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