Milpitas Sees $2.9M Home Sale This Week: Top 5 Listings Revealed

UPDATE: The real estate market in Milpitas is buzzing after a stunning $2.9 million single-family home sale tops the charts for the week ending September 8, 2023. This sale marks a significant milestone in the local housing market, with a total of five residential properties sold at an average price of $1.8 million, translating to $986 per square foot.

The high demand for upscale homes in Milpitas reflects ongoing trends in the Bay Area, where buyers are eager to secure premium properties. Here are the top sales that are making headlines:

5. $918K, Condominium on California Circle
A 1,236-square-foot condominium sold for $918,000, or $743 per square foot. Built in 2018, this modern unit features 2 bedrooms and 3 bathrooms, making it an attractive option for small families or professionals.

4. $1.3M, Condominium on Milkweed Street
Another condominium in the 1200 block of Milkweed Street has changed hands for $1,320,000. Spanning 1,832 square feet, this residence, also built in 2018, boasts 3 bedrooms and 4 bathrooms, appealing to larger families.

3. $1.8M, Single-Family Home on Elkwood Drive
A single-family home located in the 1300 block of Elkwood Drive fetched $1,830,000. This 1,705-square-foot property, constructed in 1991, features 3 bedrooms and 3 bathrooms, highlighting the continued demand for spacious family homes.

2. $2.1M, Detached House on Sonoma Drive
Finalizing at $2,125,000, a house in the 1500 block of Sonoma Drive offers 1,737 square feet of living space. Built in 1966, it includes 4 bedrooms and 2 bathrooms, showcasing a blend of classic charm and modern amenities.

1. $2.9M, Single-Family Home on Evans Road
The standout sale of the week, a single-family home at the 600 block of Evans Road, sold for an impressive $2,900,000. This 2,712-square-foot property, constructed in 1978, features 4 bedrooms and 3 bathrooms, exemplifying luxury living in the Milpitas area.

As the real estate market continues to thrive, these recent transactions highlight both the resilience and desirability of Milpitas properties. Buyers and investors are closely monitoring these developments, and further sales are anticipated in the coming weeks.

Stay tuned for more updates on this rapidly evolving market.