San Jose Single Family Home: In a quiet neighborhood, a 2,866-square-foot house built in 1980 changed hands on December 1, 2023. Located in the 700 block of Huntswood Court, the property boasts five bedrooms and three bathrooms, offering a roomy layout for its new occupants. The purchase price of $2,325,000 reflects $811 per square foot, emphasizing the value of this single-story residence. The interior features a cozy fireplace, and a two-car garage adds to the convenience.
Recent Real Estate Activity in the Area
The real estate market in the vicinity has seen other notable transactions:
1. A 2,465-square-foot Seawood Way 700 property sold for $1,740,000 in October 2022, or $706 per square foot. With 5 bedrooms and 3 bathrooms, this property showcases the neighborhood’s diversity.
2. Another property on Almondwood Way changed hands in December 2023. This 2,250-square-foot home was sold for $2,289,000, equating to $1,017 per square foot. With 4 bedrooms and 3 bathrooms, it adds to the variety of housing options in the area.
3. July 2023 witnessed the sale of a 1,936-square-foot home on Almondwood Way for $2,105,000, marking $1,087 per square foot. Featuring 4 bedrooms and 3 bathrooms, this property contributes to the dynamic real estate landscape near Huntswood Court.
These transactions reflect the vibrant real estate market in San Jose, showcasing a range of properties with different sizes and amenities.
Also Read: San Jose Animal Shelter Faces Scrutiny Over Rising Mortality Amidst Policy Debates
Our Reader’s Queries
What is the average price of a single-family home in San Jose?
The value of a typical home in San Jose currently stands at $1,316,960, reflecting a 5.3% increase from the previous year. On average, homes in this area go under contract within 13 days of being listed.
What is the average income to buy a house in San Jose?
San Jose is almost as pricey as San Francisco, with a median-priced home costing $402,287. However, the median income in San Jose is $125,075. Meanwhile, in Oakland, a household must earn nearly $250,000 to afford a median-priced home, despite the median income being $85,628.
Why are houses in San Jose so expensive?
San Jose’s housing prices are 26% higher per unit compared to neighboring counties like San Francisco and Alameda. This is due to a shortage in the labor market and differences in wage structures, according to a recent report.
What is the median price of a house in San Jose CA?
The San Jose, CA housing market saw a slight dip in the median listing home price in November 2023, with a year-over-year decrease of -1.9%. The median listing home price per square foot was $787, while the median home sold price was $1.3M. Despite the decrease in price, San Jose remains a highly sought-after location for homebuyers.