Willow Glen real estate market is a strong seller's market. This Willow Glen sign is from the downtown business district.Willow Glen is perhaps the most charming residential area of the city of San Jose with its old style architecture, tree lined streets and quaint downtown area on Lincoln Avenue and nearby. For folks working in downtown San Jose, the Willow Glen area (roughly the same as 95125 zip code, though a bit of 95124 is included also) is extremely convenient.

The real estate market in Willow Glen is leveling off or flattening, just like the most of the valley. My sense is that this is a seasonal fluctuation. Last year, the housing market did not follow the regular pattern – but this year, perhaps we are settling back into exactly that.

Click for the complete Willow Glen real estate report with all of the numbers, stats and trends from the closed sales of houses for last month. Further down in this article you’ll find the Altos Research charts as well.

Willow Glen Market Trends

Trends At a Glance Jun 2018 Previous Month Year-over-Year
Median Price $1,464,500 (-8.9%) $1,607,500 $1,300,000 (+12.7%)
Average Price $1,565,640 (-10.5%) $1,749,340 $1,359,430 (+15.2%)
No. of Sales 54 (-18.2%) 66 85 (-36.5%)
Pending 46 (-16.4%) 55 50 (-8.0%)
Active 57 (+7.5%) 53 37 (+54.1%)
Sale vs. List Price 105.0% (-4.7%) 110.2% 105.1% (-0.1%)
Days on Market 14 (+14.7%) 13 16 (-7.9%)
Days of Inventory 31 (+27.1%) 24 13 (+142.5%)

 

And last month:

Trends At a Glance May 2018 Previous Month Year-over-Year
Median Price $1,607,500 (-2.6%) $1,650,000 $1,310,000 (+22.7%)
Average Price $1,749,340 (-0.9%) $1,765,470 $1,412,440 (+23.9%)
No. of Sales 66 (+4.8%) 63 79 (-16.5%)
Pending 55 (-1.8%) 56 70 (-21.4%)
Active 53 (+47.2%) 36 51 (+3.9%)
Sale vs. List Price 110.2% (+0.7%) 109.4% 103.9% (+6.0%)
Days on Market 13 (-17.0%) 15 17 (-25.7%)
Days of Inventory 24 (+45.4%) 17 19 (+24.4%)

 

And next, of Willow Glen condos:

Major data shifts are common in condo markets where there is typically less inventory and a greater range of property types, so don’t judge this market by percentiles alone. Now, to put things in perspective – look at the number of listings. There were only 4 active, 9 sold, and 12 pending in the condo market, which is not a bad increase since last month. Meanwhile, the average turnover time dropped to 9 days on market from 10. Things remain stable with homes selling steadily over list price at 115.1% on average, and having remained around 110-120% of list price for months. Willow Glen condos are still in a sellers market with a normal amount of data fluctuation.

Trends at a Glance

Trends At a Glance Jun 2018 Previous Month Year-over-Year
Median Price $875,000 (-2.8%) $900,000 $795,000 (+10.1%)
Average Price $906,346 (-0.9%) $914,350 $789,693 (+14.8%)
No. of Sales 13 (+30.0%) 10 15 (-13.3%)
Pending (-50.0%) 12 (-33.3%)
Active 10 (+400.0%) 2 (+66.7%)
Sale vs. List Price 109.6% (-5.6%) 116.1% 102.4% (+7.0%)
Days on Market 14 (+18.3%) 12 24 (-42.6%)
Days of Inventory 22 (+271.8%) 6 12 (+92.3%)

 

And from last month:

 

Trends At a Glance May 2018 Previous Month Year-over-Year
Median Price $900,000 (+9.6%) $821,000 $780,000 (+15.4%)
Average Price $914,350 (+8.2%) $845,278 $812,769 (+12.5%)
No. of Sales 10 (+11.1%) 9 13 (-23.1%)
Pending 12 (0.0%) 12 12 (0.0%)
Active (-50.0%) 4 10 (-80.0%)
Sale vs. List Price 116.1% (+0.9%) 115.1% 101.0% (+15.0%)
Days on Market 12 (+33.3%) 9 18 (-35.8%)
Days of Inventory (-53.4%) 13 23 (-74.0%)

 

What about home prices for listings in Willow Glen? Continue reading to view the live Altos Research charts.

Below please find the Altos Charts (to which I have a subscription) for the Willow Glen real estate market. NB Altos uses LIST prices, not solds (also they go by zips or cities, so don’t cover Willow Glen per se with it’s partial entry into the 95124 zip).

1 – Houses in the 95125 zip code – history, all price levels combined.

Real Estate Market Chart by Altos Research www.altosresearch.com

2 – Houses in the San Jose, 95125 zip code, by price quartile over last 180 days

Real Estate Market Chart by Altos Research www.altosresearch.com

3 – Condominiums and townhouses in Willow Glen, San Jose 95125 – all quartiles combined over the last few years for median list price:

Real Estate Market Chart by Altos Research www.altosresearch.com

4 – Condo and townhomes, median list price, by quartile, last 180 days only:

Real Estate Market Chart by Altos Research www.altosresearch.com

 

Like the greater Silicon Valley region, Willow Glen is comprised of many smaller micro-markets. It will be different in north Willow Glen, Palm Haven, The Willows, or in a walk-to-town area than it will be in the Dry Creek area or St. Francis Woods neighborhood – let alone differences for school districts, price point, zip code and home type! It’s a patchwork of all these smaller markets, in other words. What’s happening in one segment might be very different than in another. Disclaimers aside, overall it is a seller’s market in Willow Glen right now. It’s not as crazy as it was a few months ago – buyers, this is an opportunity to have a whole lot less competition!

Willow Glen homes for sale

Browse residential properties – houses, duet homes, condos and townhomes in Willow Glen which are listed for sale on the MLS by type below.

1. Listings of houses for sale in Willow Glen, San Jose 95125

  1. 5 beds, 4 baths
    Home size: 2,807 sq ft
    Lot size: 9,814 sqft
  2. 3 beds, 2 baths
    Home size: 1,590 sq ft
    Lot size: 7,078 sqft
  3. 4 beds, 3 baths
    Home size: 3,046 sq ft
    Lot size: 5,789 sqft
  4. 3 beds, 2 baths
    Home size: 1,486 sq ft
    Lot size: 6,991 sqft
  5. 3 beds, 2 baths
    Home size: 2,069 sq ft
    Lot size: 9,561 sqft

See all Real estate in the 95125 zip code.
(all data current as of 7/21/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

2. Listings of townhouses or townhomes for sale in Willow Glen, San Jose 95125

  1. 2 beds, 2 baths
    Home size: 1,008 sq ft
    Lot size: 1,646 sqft
  2. 1 bed, 1 bath
    Home size: 841 sq ft
    Lot size: 1,093 sqft
  3. 2 beds, 3 baths
    Home size: 1,529 sq ft
    Lot size: 1,128 sqft
  4. 2 beds, 2 baths
    Home size: 1,071 sq ft
    Lot size: 967 sqft
  5. 2 beds, 2 baths
    Home size: 1,092 sq ft
    Lot size: 2,160 sqft

See all Real estate in the 95125 zip code.
(all data current as of 7/21/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

3. Listings of condominiums (condos) for sale in Willow Glen, San Jose 95125

  1. 2 beds, 2 baths
    Home size: 1,008 sq ft
    Lot size: 1,646 sqft
  2. 1 bed, 1 bath
    Home size: 841 sq ft
    Lot size: 1,093 sqft
  3. 2 beds, 3 baths
    Home size: 1,529 sq ft
    Lot size: 1,128 sqft
  4. 2 beds, 2 baths
    Home size: 1,071 sq ft
    Lot size: 967 sqft
  5. 2 beds, 2 baths
    Home size: 1,092 sq ft
    Lot size: 2,160 sqft

See all Real estate in the 95125 zip code.
(all data current as of 7/21/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Translation

Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


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