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In: Home & Family
3 Oct 2009Depending on the area, San Jose CA homes for sale can range in price from the low $200,000 range to multimillion dollar estates, so it’s vital that buyers understand the different neighborhoods. The average listing price for San Jose CA homes for sale is around $570,000, while the median sales price is $384,100. Less expensive homes are located to the far north and east, while homes in southwest and western San Jose fetch premium prices due to their desirable location.
West San Jose offers an upscale environment and relaxed California living; home prices in this area can range as high as $1 million or more. Originally designed as moderately-priced housing, neighborhood homes have appreciated in value dramatically in past years. The local Westgate Mall is a popular shopping destination in West San Jose.
West San Jose is the neighborhood most people think of as the “real” San Jose; less exclusive than Almaden Valley, it offers high-end luxury homes and equally high-end prices. Shoppers in the area flock to the local Westgate Mall and the Paseo de Saratoga.
Evergreen is a popular choice for those looking for a compromise between the luxury of western San Jose and the less desirable neighborhoods to the north. Its location in the southeastern part of San Jose provides convenient access to work and shopping. Neighborhoods to the southeast tend to be more expensive, with some multimillion dollar homes in this upscale area. Closer in to the city center, prices are more reasonable.
Alum Rock also suffers due to location; fruit orchards still dominate this largely rural and residential area. Home prices average around $310,000, a real bargain in the San Jose area.
Alviso is one of the least expensive neighborhoods in San Jose, but it’s far from cheap. Homes in this area generally average around $210,000, though some are available more cheaply. Alviso’s location at the far northern end of San Jose makes it less convenient than other neighborhoods, and floods during the 1980s devastated local homes and businesses. Today, Alviso is a small residential community and an affordable choice for first time home buyers looking to purchase in San Jose.
Alum Rock offers affordable housing and unique history; originally founded as an agricultural village, the legacy of the local fruit orchards have left their mark on the community. More rural in nature than most of the San Jose area, Alum Rock is a unique area with a diverse population.
Knowing the benefits and drawbacks of the various San Jose neighborhoods is a great advantage when looking for San Jose homes for sale. With proper planning, prospective buyers can enter the housing market secure that they are well-prepared for the task ahead.