800K Homes San Jose Vs Sacramento

Dated: 01/23/2019

Views: 166

Anyone following the Silicon Valley housing market knows that prices for homes in the area are astronomical. An interesting news story back in April 2018 indicated that a San Jose home that was burnt and uninhabitable went on the market for 800K, and within 24 hours, the realtor received 10 offers for the home. Home prices in Sacramento have been steadily rising as many Bay Area buyers and investors have purchased area homes where they can get more bang for their buck. 

Current median home prices for sold properties in San Jose is 920K . Compare that to prices in Sacramento, where the median home prices for sold properties is 320K, a 600K difference! 

If you need a visual to contrast the differences, the images below offer a comparison as to how far the housing dollar goes in the Sacramento area compared to San Jose and the Silicon Valley.


Sacramento Home Values

                                                                               San Jose Home Values

Blog author image

Cathy Davis

Cathy is a staunch advocate for her real estate clients, always focusing on a win-win scenario during negotiations. She began her real estate career in 2013 after working for over 20 years as a nurse ....

Want to Advertise on this Site?

Latest Blog Posts

What I Am Doing To Make Sure You Are Always Ahead In Real Estate

These are very complicated times in the world, and I believe we should all be safe and healthy during this coronavirus situation.We should all follow CDC guidelines to help flatten the curve of the

Read More

Buying Or Selling A Home In Todays Coronavirus Environment

As it stands right now, Gov. Newsom has ordered all Californians to stay in and not take any chances of being exposed to the coronavirus. How do you continue your home search or list your home in

Read More

Mar 19 2020 11325 1

“Mortgage rates rose again this week as lenders increased prices to help manage skyrocketing refinance demand,” said Sam Khater, Freddie Mac’s chief economist, in the report.Those aiming to

Read More