The recent sale of a 1,160-square-foot home on Terri Way, San Jose for $1.7 million highlights the competitive real estate market in the Bay Area.
The property, with three bedrooms and two bathrooms, exemplifies the high per-square-foot prices in the area at $1,466, illustrating the demand for housing.
Comparative sales data shows that similarly sized homes in the region are also commanding high prices, reinforcing trends of rising real estate values.
This analysis reflects the broader market forces at play in San Jose, as increasing purchase prices signal a shift in buyer activity and demand.
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