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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.
According to MLS Listings, the marketplace for San Jose residential properties here’s what happened in Q3 2026 VS Q3 2025:
The Number of SOLD listings decreased by 3% to 1,466 properties, with a top sale of $7,250,000 at 5721 Poppy Hills Place.
The Average Sales Price decreased by 2% to $1,493,101, while the Average Price per Square Foot decreased by 4% to $880.
As measured in monthly supply, the inventory of properties available for sale increased by 19% to 2.50 months’ worth of inventory.
The average 30-year fixed mortgage rate increased by 15% to 7.18%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
