Collins The housing market is a mixed bag so far

In 2025, the San José housing market has been characterized by significant volatility, making it challenging for buyers and sellers alike. Clint Moore from Intero describes the market as "quite robust," with homes selling for over 9% above asking prices on average. Sandy Sicsko from Compass highlights that interest rates are at a two-year low, which has made homeownership more accessible, although buyers have become more discerning. As housing inventory rises, particularly for first-time buyers, the market still faces constraints, especially with certain property types like condos struggling to attract interest. Multiple-offer scenarios are common for desirable homes, showcasing continued buyer competition.

However, properties deemed "unwarrantable" due to regulatory challenges are experiencing stagnation and price reductions. Experts recommend that prospective buyers navigate this complex landscape with the help of knowledgeable real estate professionals. Despite current challenges, the article emphasizes the enduring value of real estate as an investment.