Snapshots

One dollar of nominal investment in San Jose real estate in 1990 would be worth $17.83 today

The San Jose metro area is among the top performing markets in the nation for total returns of all property types.

February 10, 2020
  • In fact, San Jose ranks higher for total returns since 1990 compared with other California markets such as San Francisco, San Diego, Oakland and Los Angeles, and even ranks higher than other tech-centric markets across the country like Seattle, Portland, Austin, Boston and New York.
  • One dollar of nominal investment in San Jose real estate in 1990 would equate to almost $18 today. Additionally, one dollar of investment in San Jose real estate in 2000 would equate to nearly $7 today.
  • When looking at office alone, a dollar of investment in San Jose in 2000 would be worth close to $5 today. For industrial, a dollar in 2000 would be worth almost $7 today.
  • The San Jose metro area long-term is a sustainable market because it is at the epicenter of technology and innovation, which is not going away anytime soon. As a result, Silicon Valley should remain a strong market for real estate investors despite high prices.

 

Sources: NCREIF, JLL Research