UPDATE: A single-family residence located on the 1500 block of Crespi Drive in San Jose has just changed hands for an impressive $2,450,000. The sale, finalized on September 19, 2025, reflects the ongoing surge in the local real estate market.
This 1,402-square-foot property, built in 1957, features three bedrooms and two bathrooms, making it a desirable choice for families in the area. The home boasts a cozy fireplace and benefits from two parking spots, offering ample space for vehicles. Nestled on a generous 7,072-square-foot lot, this single-story home stands out in a competitive housing market.
The recent sale adds to a trend of escalating property values in the neighborhood. Earlier this year, a 2,157-square-foot home on the 1400 block of Crespi Drive sold for $2,630,000, marking a price of $1,219 per square foot. In March 2024, another home, measuring 1,570 square feet, on the 1500 block of Teresita Drive, fetched $2,410,000.
The demand for housing in San Jose shows no signs of slowing, with a 2,087-square-foot residence on Ferguson Way selling for a staggering $3,049,000 in June 2024, emphasizing the area’s appeal and rising prices.
As homebuyers continue to flock to San Jose, experts suggest that these trends indicate a robust market with limited inventory. Potential buyers and sellers should stay informed as the real estate landscape evolves rapidly.
For anyone considering entering the market, this latest sale underscores the urgency and potential rewards awaiting in San Jose’s vibrant housing sector. Watch for further developments as the market remains dynamic and competitive.
