April 2025
The Willow Glen area of San Jose is a fun community with a fantastic downtown area on Lincoln Avenue. Located just south of downtown San Jose with strong schools and easy commute access to Hwy 87 and 280. Click on these links to learn more about the Willow Glen Community and Schools.
Median price for homes in the Willow Glen area rose by 8.4% during 2024. The annual increase in the median price for San Jose-Willow Glen homes has averaged 6.7% per year (CAGR) since 1998 and has doubled over the past 10 years.
Market demand for Willow Glen homes remains strong. Homes continue to sell quickly as average Days on Market (red line) continues at an all-time low. The average Final Sales Price (blue line) is at an all-time high.
The supply of New Listings (blue line) for Willow Glen homes is showing some recovery but is still 15% below pre-Covid levels.
Willow Glen homes are typically in the $1M to $3M price range.
The scatter chart above shows the distribution of $ per SQFT by size of home. This chart also shows you the distribution of home sizes.
The Quarterly Median Price provides insight into the annual averages.
Keep in mind that the fluctuation may be due to a change in the mix of homes selling in a particular month, not necessarily changes in home values.
The monthly average Days on Market is seasonal with Nov-Jan typically being the longest.
Average Sales vs. List Price percentage suggests the number of competing offers.
Homes selling within the first 10 days are typically selling for well over list price.
Note the seasonality with December typically being the lowest-point during the year.
The Inventory of Active listings is as of month-end.
The monthly number of Sales is also seasonal.
Source: The data above is obtained directly from MLSlistings, the multiple listing service (MLS) serving Santa Clara and San Mateo counties. The information is deemed to be accurate, however is not guaranteed.