Chapter 1: Why 95124 Is Outperforming San Jose Right Now
If you own a home in the 95124 zip code in San Jose, I want to show you something the data is saying right now that you probably haven’t heard, because our zip code is doing something very unusual.
I track every submarket in San Jose, and here’s where things stand right now in April so you can compare.
Chapter 2: How 95124 Compares to South San Jose, Blossom Valley, and Evergreen
South San Jose homes are sitting 31 days before going under contract, selling for just under $1.3 million.
Blossom Valley is a slightly different story. Homes are selling for about $1.5 million, but inventory is piling up and days on market has increased to 10.
Even Evergreen, where you’ve got Silver Creek and some of the most impressive homes in the county, is averaging around $2.2 million sold and taking about two weeks to get there.
Now, here’s 95124.
The median sold price is $2.25 million, with a median of 8 days on market. Buyers are paying an average of 106% of the asking price, and price per square foot just jumped to $1,310, up more than 8% since February.
Chapter 3: The Data Point That Actually Surprised Me
Here’s the part that actually surprised me.
Inventory in our zip code is up about 54% compared to a year ago. More homes are on the market, but demand hasn’t flinched. Prices went up anyway.
When supply rises and price per square foot rises in the same month, that’s not typical. That tells you buyers are competing hard for what’s available.
Chapter 4: What Rising Inventory Plus Rising Prices Actually Means
They’re not getting picky. They’re getting aggressive.
So, what does that mean if you own a home here?
It means you’re sitting in one of the tightest micro markets in Santa Clara County. And it means the timing question, the one that most sellers overthink, is looking pretty favorable right now.
But timing is only half the equation. How you come to market matters just as much.
Chapter 5: What This Means If You’re Thinking About Selling in 95124
The homes that win in a market like this are priced right and they show up ready. The ones that don’t are the ones that linger.
And in a market moving this quick, lingering costs you big time.
My name is Kip, and I’ve been a licensed broker here in Silicon Valley for over 20 years. I work with sellers every day in markets exactly like this one.
If you own a home and you’re thinking about selling, reach out today. Seriously, no pitch, no pressure, just a real conversation.
