San Jose Real Estate Market Update: Communications Hill, May 9, 2012

Welcome to the current San Jose Real Estate Market Update.  This issue is focused on the neighborhood and homes for sale in the San Jose neighborhood of Communications Hill.

Communications Hill consists of two separate areas or “sides” of the hill.  The South side is the area that most people think of when someone mentions Communications Hill.  For years you could watch as the builders developed the vacant hill that offers sweeping views of South San Jose and the Santa Cruz Mountians.  The North side is located off Tully and highway 85, and while it doesn’t have the same spectacular views of the south valley, it still sits on a hill with views and well manicured landscaping.

Lots of interest in homes for sale in Communication Hill

Currently there are only 4 San Jose homes for sale (combined) in Communications Hill.  But the important stat is there are 29 homes that are “pending,” which means they have accepted offers and are in contract.  That shows you that there is a lot of buyer interest in this newer and well-maintained neighborhood of San Jose.  To prove that point, I just found out that one of the homes that is for sale, received over 25 offers the first week on the market, and several of them are above the asking price of $499K.  If you’re thinking the home was underpriced and that’s why there are so many offers and above the list price, you’ll be surprised to know the last 2 sales of the same model sold for $495K and $500K.  It’s priced right…the market has changed.

Here are the homes for sale in Communications Hill (north side):

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Here are the homes for sale in Communications Hill (south side):

Showing properties 1 - 5 of 5. See more San Jose - Communications Hill South.
(all data current as of 6/20/2013)

  1. 2 beds, 1 full, 1 part baths
    Home size: 1,250 sq ft
    Lot size: 1,502 sqft
    Year built: 2004
    Parking spots: 1
    Broker reciprocity icon
  2. 4 beds, 3 full, 1 part baths
    Home size: 2,411 sq ft
    Lot size: 1,839 sqft
    Year built: 2005
    Parking spots: 2
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 1,750 sq ft
    Lot size: 1,742 sqft
    Year built: 2004
    Parking spots: 2
    Broker reciprocity icon
  4. 2 beds, 2 full baths
    Home size: 1,487 sq ft
    Lot size: 32,670 sqft
    Year built: 2005
    Parking spots: 2
    Broker reciprocity icon
  5. 3 beds, 2 full, 1 part baths
    Home size: 1,810 sq ft
    Lot size: 1,742 sqft
    Year built: 2004
    Parking spots: 2
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Listing information is deemed reliable, but not guaranteed. Listings last updated 6/19/13 6:22 PM PDT.

Copyright 2013 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2013.