Santa Teresa Foothills, San Jose Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Santa Teresa Foothills, San Jose Market Snapshot

Santa Teresa Foothills favors sellers and competition is intensifying. Here's the picture:

Based on 39 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.61M
Down 1.3% from July 2025
Down $22K from July 2025
Homes Sold
39
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$10,171/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,312
  • Property Tax$1,675
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
5 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
102.3%
Up from 101.2% in July 2025
Selling at or near asking price
% Sold Over Asking
60%
More than half of homes sold above their asking price
Active Listings
5
Down 33.0% from July 2025
About 0.4 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Santa Teresa Foothills.

Median Sale Price
Down 1.3% year-over-year in Santa Teresa Foothills. Based on 39 sales in the last 3 months.
Homes Sold
44% more homes sold than a year ago in Santa Teresa Foothills.
Total Monthly Payment
Estimated monthly cost is down 2% from a year ago in Santa Teresa Foothills, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Santa Teresa Foothills, San Jose

Is now a good time to buy in Santa Teresa Foothills, San Jose?

Santa Teresa Foothills, San Jose favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do Santa Teresa Foothills, San Jose home prices compare to the Bay Area average?

At $1.61M, Santa Teresa Foothills, San Jose's median is close to the Bay Area average of $1.80M.

Within San Jose, this area trades about 15% above the city-wide median of $1.40M.

How competitive is Santa Teresa Foothills, San Jose for buyers?

Santa Teresa Foothills, San Jose currently favors sellers:

  • Homes sell about 2% above asking on average
  • 60% close above list price
  • 15 days typical time to go pending
  • 18% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Santa Teresa Foothills, San Jose home?

At $1.61M with 20% down at 6.71%, your estimated total monthly cost is approximately $10,171:

  • $8,312 principal and interest
  • $1,675 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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