You can tell how much your house is worth by looking at what homes in your neighborhood are selling for. The Seven Trees neighborhood is located in South San Jose. According to the 2000 Census, this neighborhood consists of 415 housing units and 9,628.22 people per sq. mile. The median home price in 2000 was $275,00. Prices continued to steadily go up and in 2009, the median home price in the Seven Trees neighborhood totaled $420,049. In 2010 the Seven Trees saw a decline in housing prices. The median price was $392,349. Detached homes in this area saw a median price of $447,688, townhouses and other attached units had an average total of $374,710, and 3-to-4 unit structures saw a median price of $492,454.
As of February of this month, there are 3,893 homes for sale in the Seven Trees neighborhood and the median price is $394,900. Prices are down -0.8% from last month. In addition 4,873 are foreclosure homes homes.
Image c/o:flickr.com
Condos in the area range from the lowest price of $132,00 to the highest at $168,720.
Tags: foreclosures, home values 95111, Seven Trees
