Melanie Tan
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through May 2026
Santa Teresa Foothills still favors sellers, but the market is cooling. Here's where things stand:
Based on 24 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.
Data through May 2026
See how prices, monthly costs, and mortgage rates have moved in Santa Teresa Foothills.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Santa Teresa Foothills, San Jose still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.
At $1.59M, Santa Teresa Foothills, San Jose's median is close to the Bay Area average of $1.85M.
Within San Jose, this area trades about 14% above the city-wide median of $1.40M.
Santa Teresa Foothills, San Jose currently favors sellers:
Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.
At $1.59M with 20% down at 6.49%, your estimated total monthly cost is approximately $9,899:
HOA fees are extra.
→“Mel did an amazing job helping us buy our first home. When we first met her, we had done literally zero of the steps needed to buy a house, and 28 days later we closed.”
“I work in commercial real estate with many different agents and I can proudly say that Mel is above the rest.”
“Working with Mel was the best decision I made in my home-buying journey. She was incredibly patient, taking the time to explain every detail of the process to me.”
“Mel did an incredible job helping me find and purchase my first home! She was very responsive, professional, and knowledgeable.”
“Working with Mel was a fantastic experience from start to finish. We were immediately impressed by her active listening and her ability to translate our needs.”
I read every message and usually reply the same day.
