San Jose Real Estate Buzz: New Owners Embrace Spacious Charm

San Jose Real Estate Buzz: Fiscalini, on leave from Santa Clara University to participate in World War II, was born in San Bernardino to Northern Italian immigrants. He earned a master’s from Stanford University and a PhD from the University of Northern Colorado after his military duty.

Fiscalini’s education legacy began in 1956 as East Side Union High School District superintendent. Known as the “Godfather of East Side politics,” he helped open 10 additional schools before retiring in 1982.
In the same locale, other recent property transactions include:

1.New Jersey Avenue Sale (November 2023):
– A 1,541-square-foot residence on New Jersey Avenue in San Jose changed ownership for $1,525,000. The price per square foot stood impressively at $990, making it an attractive investment. This dwelling features three bedrooms and two bathrooms.

2. Shulman Avenue Sale (January 2023):
– A property located on the 1900 block of Shulman Avenue in San Jose, spanning 2,192 square feet, was sold for $2,085,000. The price per square foot was $951, and the residence comprises three bedrooms and three bathrooms.

3.Shulman Avenue Sale (November 2022):
– A 2,192-square-foot Shulman Avenue home sold for $1,565,000 in November 2022. This house has three bedrooms and three baths and cost $714 per square foot.

These recent real estate transactions highlight the dynamic property market in San Jose, with diverse options catering to varying preferences and needs.

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Our Reader’s Queries

Are house prices going down in San Jose?

Zillow predicts a decline in home prices in the San Jose and San Francisco markets in the coming year. San Jose is expected to experience the biggest drop in home prices among the top 100 metro areas in the US, with a projected decrease of 6.1%.

Is San Jose a good place to invest in real estate?

Despite the mortgage rates being higher at 6.27 percent in 2023 compared to January 2022, the housing market is expected to remain stable due to the tight supply. San Jose real estate is expensive, and the median listing home price is significantly higher, which are other factors to consider. Overall, the market is expected to remain steady.

Is it a good time to buy a house San Jose?

Despite a dip in home values last year, San Jose and Santa Clara County are now seeing a steady increase in home prices. This trend is expected to continue, potentially leading to record-high list prices and median home values in San Jose. It’s clear that the real estate market in this area is thriving, and homeowners can expect to see a significant return on their investment in the coming years.

Is San Jose a buyers or sellers market?

San Jose, CA saw a slight decrease in median home prices in December 2023, with the average list price coming in at $1,098,888 compared to $1,149,000 in 2022. Despite this, the city remained a seller’s market, with more buyers than available homes.

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