https://www.mercurynews.com/2023/04/25/photos-bay-area-home-prices-heat-up-as-modest-1200-square-foot-san-jose-home-goes-above-asking-for-2-5m/ > Bay Area home prices are heating up as the busy spring home-buying season is underway. And a shortage of inventory is helping to further push selling prices up across the region. > For example, a 1,240-square-foot ranch-style home in West San Jose sold for more than $220,000 over its original asking price for $2.52 million.