Why Home Prices in San Jose Are Soaring

The San Jose metro area continues to lead the nation with the highest home values, hitting a staggering $1.59 million at the end of December 2025, according to Zillow. This represents an 8% increase from 2023 — more than $100,000 in just one year — making it the fastest-growing market among the 50 largest U.S. metros.

What’s Driving This Growth?
Several factors are fueling the surge:

  • Tech Wealth: Stock growth from Silicon Valley giants like Nvidia has created high-earning investors eager to reinvest in the local market.

  • Limited Supply: With high mortgage rates discouraging homeowners from selling, inventory remains low, pushing prices higher.

  • Tech Optimism: Enthusiasm for artificial intelligence and cryptocurrency, backed by federal support, has made Silicon Valley even more attractive to wealthy buyers.

Cities like Cupertino, Campbell, and Santa Clara saw home values skyrocket by over 10% year-over-year, while more affordable areas, like San Benito County, experienced slower growth. Despite high prices, homes are still selling — often to cash buyers or well-capitalized tech workers who remain optimistic about their financial futures.

Rise in typical home value among San Jose metro area cities. From December 2023 to December 2024, Santa Clara, Cupertino, Campbell, Milpitas, Saratoga, San Jose, Sunnyvale, Los Altos, Palo Alto, Los Gatos, Stanford, Monte Sereno, Mountain View

The Seller’s Advantage
For sellers in the San Jose area, the current market conditions present a golden opportunity:

  • High Demand: Even with fewer buyers, competition for homes remains fierce. While you might not see dozens of offers, serious buyers are ready to act.

  • Record Prices: Home values are at an all-time high, giving sellers a chance to maximize their returns.

  • Cash Offers: A significant share of buyers in this market are making cash purchases, simplifying transactions and speeding up the sale process.

Commissions based on a $1.59 Million dollar home value;

- Traditional Agent: $95,400 (seller and buyer commission)

- With Sunday: $47,700 (by not paying sellers side)

Looking Ahead
While nearby metro areas like San Francisco are seeing more modest growth — or even slight dips in values — San Jose’s housing market remains robust. However, with prices at record highs and mortgage rates unlikely to drop significantly, it’s uncertain how long this momentum will last.

Change in typical home value among the 50 largest US metro areas, San Jose, New York, Hartford, Conn, Providence R.I., Cleveland, Buffalo, NY

Why this is good for Sunday Pro

Wealthy young tech workers are a key part of our Ideal Customer Profile (ICP) because they are natural early adopters of innovative technology and solutions that streamline processes and save money. Disenchanted with traditional systems that favor intermediaries, they value transparency and efficiency, making them highly receptive to platforms like Sunday Pro. Their familiarity with managing significant assets, coupled with a pragmatic approach to financial decisions, empowers them to embrace selling their homes independently to save hundreds of thousands of dollars in commissions. For this forward-thinking group, Sunday Pro offers the perfect combination of control, savings, and simplicity.

For sellers, this means now is the time to act.

Previous
Previous

How to Sell Your Home Without an Agent: A Complete Guide to the Transfer Disclosure Statement (TDS) in California

Next
Next

Declutter, Stage, Sell: Transform Your Home for Maximum Profit