Real Estate Update... How Does San Francisco Compare to Other Bay Area Markets?
While we wait for the rain to stop and for the market to give some sign of its direction this spring, let’s take a look at what’s going on around us.
Thanks a lot Misha for sharing an insight about Real Estate figures and trends in San Francisco and especially beyond San Francisco to be able to make some pertinent comparisons.
How Does San Francisco Compare to Other Bay Area Markets?
We’ll start with a look at single family homes. I was surprised to see San Mateo running neck-and-neck with SF, and ahead of Santa Clara, Marin, and LaMorinda/Diablo Valley (Diablo). I suspect that’s both because ritzy communities like Atherton and Hillsborough bring up the median values and because there are relatively few low-priced neighborhoods. (Compare, for example, Santa Clara County, which along with high-priced Palo Alto, includes the neglected community of East Palo Alto as well as a lot of agricultural land in its southern and eastern parts.)
Thanks a lot Misha for sharing. To contact Misha Weidman directly and read more about the real estate market events, development, evolution, trends, secrets...
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