piedmont real estate values: Prices Are Relative
- 10/09/11 11:59 AM
We move for different reasons. Yet we have one thing in common if we are considering the purchase or sale of a home in our local market: the realization that our area is expensive. What does “expensive” actually mean? After all, prices are relative. A median priced home in our local market* for the third quarter was $739,000 compared to $468,900 for all of Alameda County (in August, per the California Association of Realtors). In fact, our area’s median price was higher than the average in every county in the state with the exception of Marin and San Mateo counties. While … (1 comments)
We move for different reasons. Yet we have one thing in common if we are considering the purchase or sale of a home in our local market: the realization that our area is expensive. What does “expensive” actually mean? After all, prices are relative. A median priced home in our local market* for the third quarter was $739,000 compared to $468,900 for all of Alameda County (in August, per the California Association of Realtors). In fact, our area’s median price was higher than the average in every county in the state with the exception of Marin and San Mateo counties. While … (1 comments)
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