San Jose Buyers Return Strong, Listings See Multiple Offers Again

San Jose buyers are back, and some listings are beginning to see multiple offers again. Following Labor Day, active inventory increased by 35 units to 1,150 while pending activity remained around 435. At the same time, I am seeing properties that sat on the market for several weeks suddenly receive new attention. One of our listings sat for three weeks, then received two offers in one day. What does this mean? Buyers still have options and opportunities, but the right home can quickly attract competition. Sellers are seeing more buyer activity, but every property must still be positioned carefully for the current market. Watch my complete San Jose and Bay Area real estate market update: https://youtu.be/vcd_FbCLMOc Thinking about buying or selling in San Jose or Silicon Valley? Let’s review the data and develop a strategy around your situation.

September 11, 2026

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