San Jose Real Estate Surges: $3.5M Home Tops Weekly Sales

UPDATE: A stunning $3.5 million property on Sweetbriar Drive has topped San Jose’s luxury home sales for the week ending September 8. This sale highlights a thriving real estate market, with a total of 47 residential transactions recorded in the area, bringing the average home price to $1.7 million.

In a remarkable week for San Jose real estate, the average price per square foot soared to $1,024. The sales reflect a growing demand for high-end homes in the region, indicating robust buyer interest despite broader market challenges.

Here’s a breakdown of the top ten home sales for the week:

10. $2.4 million: A 2,465-square-foot single-family home on Grimswood Court sold for $2,388,000. Built in 1979, it features 5 bedrooms and 3 bathrooms, priced at $969 per square foot.

9. $2.6 million: Another attractive sale was a detached house on Dumbarton Ave for $2,625,000. This property, constructed in 1963, offers 5 bedrooms and 4 bathrooms, achieving a price of $1,023 per square foot.

8. $2.7 million: A cozy home on Heather Drive fetched $2,650,000. Built in 1950, it has 2 bedrooms and 1 bathroom, priced at an impressive $1,949 per square foot.

7. $2.7 million: A residence on Lambert Lane sold for $2,707,000. This 2,396-square-foot home, built in 1961, features 4 bedrooms and 3 bathrooms, with a price per square foot of $1,130.

6. $3 million: A single-family house on Springwood Drive was sold for $3,020,000. This property has a living space of 1,736 square feet and features 4 bedrooms and 2 bathrooms, priced at $1,740 per square foot.

5. $3 million: A remarkable home on Clover was acquired for $3,025,000. Built in 2013, it boasts 6 bedrooms and 4 bathrooms, totaling 3,186 square feet at $949 per square foot.

4. $3.2 million: A property on Carolyn Ave sold for $3,205,000. This 2,841-square-foot residence, built in 1941, features 3 bedrooms and 3 bathrooms, priced at $1,128 per square foot.

3. $3.3 million: A home on Oak Canyon Court was sold for $3,300,000. This 3,089-square-foot house, built in 1979, features 5 bedrooms and 3 bathrooms, at $1,068 per square foot.

2. $3.4 million: A modern home on Kevin Drive was purchased for $3,355,000. Built in 2022, it offers 4 bedrooms and 5 bathrooms, with a price per square foot of $1,058.

1. $3.5 million: Leading the week, the single-family home on Sweetbriar Drive sold for $3,500,000. This 2,604-square-foot residence, built in 1962, features 3 bedrooms and 3 bathrooms, priced at $1,344 per square foot.

These sales reflect not just numbers but the ongoing demand for upscale living in San Jose. With prices continuing to rise, potential buyers and investors are urged to remain vigilant in this competitive market.

Stay tuned for further updates as the San Jose real estate scene continues to evolve.