A home buyer has purchased a three-bedroom home in San Jose for a staggering $1,050,000, according to a recent real estate transaction.
The sale, which closed on August 12, 2024, took place in the sought-after area around the 6000 block of Larchmont Drive.
The property, which boasts three bedrooms, was sold for an impressive $761 per square foot.
This price tag highlights the ongoing boom in the San Jose real estate market, with many home buyers eager to secure properties in the area.
The hefty price paid for the property may seem surprising to some, but it reflects the growing demand for homes in this part of the city.
As the local housing market continues to thrive, this sale is expected to be a benchmark for future home prices in the area.
Experts predict that the San Jose real estate market will remain strong in the coming months, driven by a mix of demand from first-time buyers and investors.