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Palomino Estates at Glen Loma Ranch
Gilroy, CA 95020
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Market Snapshot
Things to Do in San Jose
Live in a vibrant city in the Silicon Valley. San Jose, California is a major technology hub. Visit the Tech Museum of Innovation to see amazing science and technology exhibits. There is plenty in the California Bay Area to keep you busy. Be outdoors at the many parks including Lake Cunningham Action Park. This is the largest skatepark in the state. Happy Hollow Park and Zoo is a great place to make family memories. Cool off at a fun waterpark, Ragin Waters. Take the kids to enjoy hands on exhibits at the Children’s Discovery Museum of San Jose. From missions to art galleries there is something for everyone. The Winchester Mystery House is one of the treasures in the area with its quirky construction. Be enlightened on the home and life of an eccentric millionaire. The Testarossa Winery will tempt your taste buds with outstanding wine tastings and cheese pairings. Opera San Jose features delightful performances year-round. Top-notch dining awaits you and completes the package of this inviting part of the state for potential homebuyers.
San Jose Industries
Find career opportunities at the many employers in San Jose. A vibrant economy is bolstered by the tech industry including the networking hardware and software industry. The educational services industry is another strong contender. Some of the major employers include Google, Cisco Systems, Western Digital and Infineon Technologies.
Top San Jose School Districts
Fremont Union High School District, San Jose Unified School District and Santa Clara Unified School District form the list of top school districts you can easily locate in the City of San Jose. These schools have great academic reputation and their goal is to offer extensive learning opportunities for everyone in the city. Rest easy knowing your new home will put you close to excellent schools.
San Jose Housing Market Conditions
San Jose along with its neighboring San Francisco have both seen a sharp change in home sales. In this challenging economy, buyers are leery of high prices, high mortgage rates and the possibility of recession. The high-tech industry has been adjusting and that gives hesitancy to potential buyers as well. As these companies scale back, possible layoffs from over hiring make buyers unsure of commitment. Experts weighing in think that this will not be as potentially harmful to the economy as many fear.
Even with the heightened economy concerns you can find a wide range of new homes for sale in San Jose, California in 2023.
Live north or south of San Jose in one of the welcoming new home communities. Great options allow you to lessen your commute and live close to your employer, excellent schools and great amenities. New homes in the San Jose market offer great curb appeal. The new home builders are building for today’s modern lifestyle. Choose from sleek, contemporary townhome options with lower maintenance or single family Spanish style homes with tile roofs. No matter your needs or preferences, the interiors will impress you. Find open-concept living with spacious kitchens with oversized islands, stainless steel appliances and sleek countertops. Enjoy all the latest features, finishes and technologies that will elevate your quality of life.
Market Overview: New Homes in San Jose, CA
Here is a quick overview of new housing developments in the San Jose area and the new construction market for new build homes in San Jose:
| Market Name | San Jose |
| State Name | California |
| Subdivisions | 41 |
| Homes Under Construction | 32 |
| Quick Move-in Homes | 50 |
| Floor Plans | 123 |
| Starting Price | $839,990 |
| Average Price | $1,387,434 |
| Price Per SqFt | $724 |
| New Home Builders | 18 |
| Leading Builders |
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