Buyer-Leaning Market · 54/100as of June 21, 2026
Here is where the San Jose market stands this month, with the latest verified development news and the Momentum score, all in one place.
Market snapshot
Median sale price by year
San Jose is currently a buyer-leaning market, with a median sold price around $275K. Right now homes are taking about 52 days to sell, and there is roughly 4.3 months of supply. Prices are down about 3% over the past year, though values remain up about 168% since 2012. Listings are currently asking about 4% more per square foot than recent sales have closed at, which can leave room to negotiate.
Source: realMLS listing and sales data, as of June 21, 2026.
Development Momentum
San Jose has a Development Momentum score of 64 out of 100 (Active), based on 5 verified development items in the last 12 months. It measures the velocity of approved, funded, and opening projects nearby, and is distinct from market price. How this is scored.
What is happening near San Jose
- April 2, 2026Buckman Bridge joint replacement keeps weekend closures near the San Jose ramp. Crews replacing steel joints on the Buckman Bridge continued weekend closures of two of four northbound I-295 lanes between Mandarin and the Westside. The ramp from San Jose Boulevard to I-295 North also closed on those weekends, with drivers detoured via Old St. Augustine Road. The roughly $5.4 million project was expected to wrap up in summer 2026. Jacksonville Today
- March 12, 2026Bolles School permitted for $4.23 million Uible Hall renovation and addition. The city issued a building permit for The Bolles School at 7400 San Jose Boulevard covering a 3,487 square foot Uible Hall renovation plus a second-floor addition, valued at $4.23 million. Mako Development Group is listed as the contractor. The permit continues a series of capital projects on the school's riverfront San Jose campus. Jacksonville Daily Record
- October 22, 2025EverBank permitted for interior renovation of a San Jose Boulevard financial center. The city issued a permit for a 3,364 square foot interior renovation at the EverBank location at 10400 San Jose Boulevard, valued at $764,530, with Crabtree Construction as contractor. The work appeared among the largest commercial permits issued in Jacksonville that day. It reflects continued reinvestment in existing commercial frontage along the corridor. Jacksonville Daily Record
- October 13, 2025Home Depot opens in the former Kmart space on San Jose Boulevard. The Home Depot opened a 132,975 square foot store at 9600 San Jose Boulevard, built on the 11.64-acre site of a former Kmart, with regular hours starting in mid-October 2025. The store includes a 25,074 square foot garden center, and the $8 million project was built by Ordner Construction. The retailer said it was adding about 40 associates. Jacksonville Daily Record
- October 2, 2025Developer buys closed dealership to expand Gates of Olde Mandarin retail center. Hakimian Holdings paid $2.545 million for the closed Vaughn Motorgroup dealership at 11350 San Jose Boulevard, on about an acre, to merge with its neighboring Gates of Olde Mandarin shopping center. The developer plans to remodel the 1985 building to add more than 11,000 square feet of retail space. The center near San Jose Boulevard and Mandarin Road was described as historically running at or near full occupancy. Jacksonville Daily Record
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Market figures are computed from current realMLS listing and sales data and update as the market moves. Development items are verified, dated, and source-linked. This briefing is general information, not financial or investment advice. Every home and situation is different, so talk to a licensed agent about yours.