News
Single-family residence sells for $1.4 million in San Jose
San Jose Property Shatters Market Expectations
Imagine a house selling for over a million dollars in less than 1500 square feet. Welcome to San Jose’s real estate market, where the latest sale has left many in awe.
What’s Happening?
A single-family residence in San Jose has been sold for a staggering $1.4 million, setting tongues wagging and raising eyebrows about the city’s property market.
Where Is It Happening?
The property is located in the 5900 block of Liska Lane, San Jose.
When Did It Take Place?
The sale was completed on June 17, 2025.
How Is It Unfolding?
– The property sold for $1,385,000, equating to $925 per square foot.
– Built in 1996, the house spans an interior space of 1,497 square feet.
– The sale price is a testament to San Jose’s competitive real estate market.
– The two-story design and prime location are believed to be key factors in the sale.
Quick Breakdown
– Sale price: $1,385,000
– Price per square foot: $925
– Property size: 1,497 square feet
– Year built: 1996
– Location: 5900 block of Liska Lane, San Jose
Key Takeaways
This sale underscores the fervent demand and limited supply in San Jose’s housing market. The city’s tech boom and appealing lifestyle continue to drive up property values, making it a seller’s market. Buyers are willing to pay a premium for the right location and features. This sale is not just about a house; it’s a reflection of the city’s economic vitality and the desirable lifestyle it offers.
“The San Jose market is a microcosm of the broader California trend: high demand, low supply, and sky-high prices. It’s a complex dynamic that’s reshaping the state’s housing landscape.”
– Maria Rodriguez, Real Estate Analyst
Final Thought
The recent sale on Liska Lane is more than just a transaction; it’s a benchmark in San Jose’s real estate history. It highlights the city’s unique allure and the intense competition for housing. As buyers continue to vie for prime properties, prices are likely to remain elevated. This isn’t just about one house; it’s a snapshot of a city at the epicenter of the tech revolution, driving demand and shaping the housing market in unprecedented ways.