#high-end-home-sales

#high-end-home-sales

A house that sold for $5 million tops the list of the most expensive residential real estate sales in San Jose in the past week. The area saw a total of 50 residential real estate sales during the past week, averaging $1.5 million, or $960 per square foot. The prices in the list below include real estate sales where the title was recorded during the week of Dec. 8 even if the property may have been sold earlier.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

Market watchers may be hoping Los Angeles got the last of its summer hangover out of its system as families return from overseas vacations and kids trek back to the classroom. The total value of homes that went into contract last week in L.A. County's high end slid 48.2 percent from a year earlier, with asking volume coming out to $126.2 million, according to a report compiled by Marcy Roth of Douglas Elliman's Eklund Gomes team.