Gilroy's $925K Home Tops Santa Clara's Real Estate Deals

The single-family home at 1300 Mantelli Drive, built in 1972, sold for $925,000, boasting a price per square foot of $685. This four-bedroom, two-bathroom property outshone other notable sales in the area.

Average Prices and Sales in Santa Clara

The overall average price of real estate in Santa Clara last week was $2.1 million, or $1,323 per square foot. A total of 239 residential property sales were recorded, with an avearge square footage of 1,953, three bedrooms, and one bathroom.

Other Notable Sales

Other top deals included a condominium in Palo Alto, which sold for $930,000 at $1,019 per square foot, and a single-family house in Morgan Hill, sold for $949,000 at $736 per square foot.

Price per Square Foot: Gilroy vs. Santa Clara

The Gilroy home's price per square foot was significantly lower than Santa Clara's average , indicating a potential bargain in the market.

What's Driving the Market?

Headlines Orbit is watching to see if this trend continues,as it could signal a shift in Santa Clara's real estate market .

Who Else is Buying?

With no information on the buyer, we're left wnodering : who snapped up this Gilroy bargain?