In the past week, the luxury real estate market in San Jose showcased significant activity with 20 residential properties sold, culminating in a top sale of $4.1 million. The average property price was recorded at $1.7 million, with a notable price per square foot of $1,048. Individual sales reveal various homes transitioned to new owners, ranging from $1.7 million to $1.9 million, reflecting a consistently strong demand and potential for growth in the areaâs real estate values as the market stabilizes post-pandemic.
The newly reported sales indicate that the luxury real estate market in San Jose remains robust, highlighted by a record breaking $4.1 million sale, illustrating continued demand.
With 20 residential sales recorded last week and an average price of $1.7 million, the San Jose market demonstrates strong activity, suggesting a steady recovery post-pandemic.
The overall median sales price stayed at $1.7 million while the average price per square foot reached an impressive $1,048, indicating increasing property values.
Sales like the single-family home on Shawnee Lane denote a diverse market catering to various buyers, emphasizing wealth accumulation and investment potential in the San Jose area.
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