UPDATE: A single-family residence in the 200 block of Moraga Way, San Jose has just sold for $1,390,000, marking a significant moment in the local real estate market. The sale, finalized on October 23, 2025, translates to a robust $879 per square foot, reflecting the continuing demand for housing in the area.
This 1,581-square-foot home, built in 1973, features a functional layout with two bedrooms and two bathrooms, making it an appealing option for families and investors alike. The property includes a cozy fireplace and a reliable heating system, ensuring comfort throughout the year. Additional highlights include two designated parking spots and a generous 6,000-square-foot lot, providing ample outdoor space for recreational activities or gardening.
The recent sale is part of a broader trend in San Jose’s housing market, where prices continue to climb. For context, another property on the 200 block of Esteban Way sold for $1,360,000 in May 2024, at a price per square foot of $1,174. Additionally, a 1,158-square-foot home on Solano Drive fetched $1,220,000 in August 2024, showcasing similar price dynamics.
According to the Bay Area Home Report Bot, which analyzes real estate data from public records, these figures indicate a rapidly changing market where buyers are increasingly willing to invest significant amounts for quality homes.
What does this mean for potential buyers and sellers? The market is heating up, and with interest rates fluctuating, now could be the time to act. Homeowners in the area may find their properties appreciating quickly, while buyers need to be prepared to move fast to secure a home.
Stay tuned for more updates on the San Jose real estate market, as this trend is likely to continue, impacting both buyers and sellers in the coming months.
This report is generated from data analyzed by the Bay Area Home Report Bot, which collates real estate sales and updates from local county offices. For any errors or inquiries, please contact [email protected].
