San Mateo County took San Francisco’s distinction as most expensive Bay Area housing market last month, according to a report from residential real estate firm Pacific Union.
The median home price of in the county currently sits at $1.47 million, compared to San Francisco’s $1.39 million. Selma Hepp, Pacific Union’s chief economist, said that this is the first time that San Mateo prices have overtaken San Francisco in a decade.
Santa Clara and Marin Counties followed closely behind with median home prices of $1.26 million and $1.25 million, respectively. Santa Clara had the fastest year-over-year growth at 29 percent.
How do you explain SF having ~2x the crime rate of San Jose? It’s rare per 100,000 people, so it accounts for size difference. SF has much higher crime (property and violent crime).
350k at that time for turnkey not as good as if you bought a condo for 350k in Sunnyvale or Mountain View ESJ turnkey maybe 2x while condo in SV and MV probably 3x.