When looking at Redfin data, the Bay Area actually had fewer homes sell for more than $800,000 over asking from May 1, 2020, to April 30, 2021, than from May 1, 2018, to April 30, 2019, but the concentration of these types of sales looks very different across the Bay Area. In the 2018-2019 data, 20 homes in San Francisco and 19 homes in Palo Alto sold for more than $800,000 over asking, whereas in the 2020-2021, data only 10 S.F. homes and five Palo Alto homes experienced this type of sale. Meanwhile, Oakland and Berkeley, which had just one and five high overbids respectively in the 2018-2019 data, each had 12 sales with a closing price that was at least $800,000 more than its list price in 2020-2021.
That means the bargain area is now the 101-corridor?
i think the Peninsula sucks. my blood pressure rises just by driving over the bridge.
I doubt you ever lived there… why do you think it sucks? I was born in raised in Berkeley when it was the most desirable place to live in the BA.
There are fantastic homes in Berkeley, Piedmont Orinda Lafayette Alamo Danville Pleasanton. Convenient to escape the bay. Commute to SF is convenient on Bart. Commute to SV can be a pain.
Too far from the jobs. Gridlock traffic.
Actually I agree on the benefits, and maybe superior now if you can work from home more days of the week.
Everywhere in the Bay Area is RED HOT. I have never seen it this hot!
The Schools in Orinda/Laffayete, San Ramon, Danaville, San Ramon, Dublin, Pleasanton, Fremont/Ardenwood, Walnut Creek are already better than most of SF and Peninsula.
It is more of shifting of dual income families. Rents in SF and Peninsula will continue to decrease.
Even in Millbrae most of schools are now in 6/7 rankings.
lol omg this house is amazing but the photoshopping in pic #40 is just awful
That #40 swing and play structure looks much bigger in pic #41!