"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."
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.
Read at www.mercurynews.com
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