San José Real Estate

In 1850, San José was one of the first incorporated cities in California and site of the first state capital. San José is a large city in area at 176 square miles, especially when compared to its northern neighbor, San Francisco, at only 49 square miles. San José has approximately 945,000 residents, according to estimates by California Department of Finance. San José is the third largest city in population in California (behind Los Angeles and San Diego), and is the 10th largest city in the United States. The San José area is home to the largest concentration of technology expertise in the world--more than 6,600 technology companies employing more than 254,000 people.

Real estate in San José became wildly popular in the late 1990's during the dot-com boom. In fact, between 1999 and 2000, home prices in San José increased by an impressive 30%. Today. you will find a wide variety of options when buying a home in San José. There are studio apartments, large condominiums, two bedroom homes, and huge mansions on grand estates. San Jose's large size lends itself to numerous neighborhoods with distinct characteristics that make the people and style of homes vastly different. Buying a home in San José is a little less competitive than San Francisco, though prices are still not cheap. In January 2006, the average sales price for a single family home or condominium was $672,828. By January 2007, the average home sales price moved up a little more than 2% to $685,633.

The good weather and cultural and recreational diversions also contribute to San José's popularity. The city's proximity to the San Francisco Bay, Santa Cruz Mountains, Tahoe ski resorts, and wine country, as well as the shopping, restaurants, museums, and theaters of the city make San José an attractive place to live for singles, families, and seniors alike.

Find out how much San Jose Real Estate is Worth:

Before your house is put on the market, your real estate agent meets you to review your comparative market analysis to help you accurately price your house.

In the meantime, use our online tools to get general information about sales activity in your neighborhood.

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