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Serving the Real Estate Market of
San Jose/Silicon Valley

- San Jose Real Estate -


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    San Jose, California (correctly spelled San José) is considered the capital of Silicon Valley. The many high technology companies that dot the area in Santa Clara Valley creates a healthy tax base and a real estate market that makes San Jose one of the financially richest big cities in the nation. With a large educated and highly skilled population, San Jose and the Silicon Valley provide the necessary talent for "start-ups
as well as existing high technology companies.

     The city of San Jose has a population of almost one million residents and is the 10th largest city in the United States and the third largest city in California (only Los Angeles, San Diego has a higher population). It is located in the southern part of the San Francisco Bay and approximately 50 miles from the city of San Francisco. San Jose is comprised of 172.8 square miles with a average elevation of 85 feet. Two mountain ranges, The Diablo Mountains to the east and the Santa Cruz Mountains to the west border the city and Santa Clara Valley. The official web site for the City of San Jose is www.sanjoseca.gov.

Real Estate Market
     With an average household income of $73,804 as compared to average United States household income of $48,451 and the average home price (includes single family homes, condos and town homes) $499,500 as compared to the United States average home price of 206,500, San Jose's average household income and home prices are high. The San Jose real estate market can be high for a number of factors. These factors include highly skilled job demand, low unemployment, climate, efficient government, a number of local prestigious universities and a good quality of life. With these factors San Jose has become in high demand in regards to the real estate market.

Local Real Estate Agents and Agencies
     Enter below the list of local real estate agents and agencies that may be helpful in your search of buying a home in San Jose. Other real estate agents (including the cities of Cupertino, Sunnyvale, Mountain View, Palo Alto and other cities in Santa Clara County) can be located within this web site.

Relevant Statistics
     Listed below are some helpful real estate statistics for the city of San Jose and surrounding communities in Santa Clara Valley. Please visit other sections of this web site to compare the real estate market with other towns and cities of Santa Clara Valley. All statistics listed below were taken from the 2006 U.S. Census Bureau of Statistics unless otherwise noted.

  • About the San Jose Population
    Total population - 916,220
    Median household income in 1999 (dollars) $73,804
    Percent of households below poverty level 6.0%

  • Education Attainment Levels
    Less than 9th grade - 10.8%
    9th to 12th grade, no diploma - 10.9%
    High school graduate (includes equivalency) - 18.1%
    Some college, no degree - 20.9%
    Associate degree - 7.7%
    Bachelor's degree or more - 20.8%
    Graduate or professional degree - 10.7%

  • About the Real Estate
    Total housing units - 301,578
    - Owner-occupied housing units - 61.7%
    - Renter-occupied housing units - 38.3%
    Vacant housing units - 3.6.%
    Median value of single-family owner-occupied homes (2008) - $437,000

Brief History
     San Jose has served under three countries, Spain, Mexico and the United States. It was founded in 1777 by Lieutenant José Joaquín Moraga (a Spanish soldier) and was initially named El Pueblo de San José de Guadalupe. It is also considered the first town of the new Spanish colony called Nueva California and started as a agricultural community.

     After California was granted statehood by the United States in 1850, San Jose was incorporated as a city was the first capital. During the next 100 years, San Jose became the county seat of the Santa Clara County and grew to become the largest agricultural center for the valley. Orchards and canneries dotted the valley as well as the hillsides with apricots, walnuts, plums, grapes and other fruits. After World War II went through an abrupt transition and started to attract aerospace, government and other innovative high technology industries. With this transition came large population growth housing boom, replacing the orchards with houses and industrial parks.

     Today, San Jose has attempted to control sprawling growth with high density housing, innovative building codes and smart futuristic planning for the citizens and business communities of San Jose. With these in place and a very mild Mediterranean climate, San Jose has consistently ranked as a great place to live and work.

 


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