Santa Teresa, California Real Estate & Homes for Sale
Located in southeastern San Jose near the junction of state highways 101 and 85, the community of Santa Teresa features tree-lined streets and well-manicured neighborhoods. Residents enjoy a laid-back lifestyle with easy access to all that San Jose has to offer. This community offers resident easy accessibility to the employers in the Silicon Valley as well as the Almaden Research Center, one of eight IBM Research Division facilities worldwide and a premier industrial research laboratory. The Santa Clara Valley Transportation Authority's light rail station is located just a few blocks away near Santa Teresa hospital.
Santa Teresa County Park is just a short distance away. Shady oak forests with creeks and waterfalls, wildflower-covered hills populated by wildlife, and panoramic views of the valley can all be found within this park. Stile Ranch Trail offers outstanding wildflower displays from March through June as well as hiking, picnicking and great views from Coyote Peak (1,155 feet). No other county park offers as much undeveloped green space so close to homes, shopping centers and high-tech businesses.
Santa Teresa, CA Real Estate Market: Prices of Houses for Sale in Santa Teresa, CA
The real estate market in Santa Teresa is made up primarily of single family homes, although a select few Santa Teresa area condominiums and townhouses can be found ranging in price from $200,000 to $425,000. Homes in Santa Teresa start at $305,000 to upwards of $900,000 for large estate properties with hill and city lights views. Real estate is also available in and around Santa Teresa Golf Course.
Santa Teresa, California Real Estate Market Trends
Santa Teresa Real Estate Stats and Trends for the week of August 12th, 2013: homes priced around $620,748 compared to $616,599 the previous week, for a slight increase of less than +1%. For Friday, August 29th, the current national mortgage rate for a 30 year fixed mortgage is 4.06%; the 15 year fixed rate is at 3.17%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.62%, while the 15 year jumbo rate currently is at 3.67%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Santa Teresa CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Santa Teresa to help you find the best home!