Quote:
Originally Posted by WTL63
i think we can all agree san fran is the most overpriced city in the pacific if not one of the most in the country. how about the remaining ones? not the most expensive city, but the most overpriced for what it has to offer?
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What a city offers is largely irrelevant. It's all about supply and demand. Otherwise, the argument could be made that every expensive area is overpriced.
Anyway, yes the Bay Area is by far the most expensive metro area not only on the Pacific Coast, but the entire continent.
San Francisco Metro Area & Santa Clara County
Median Home Price, June 2015
San Francisco, CA $1,339,290
San Mateo County, CA $1,300,000
Marin County, CA $1,163,460
Santa Clara County, CA $990,000
Contra Costa County, CA $839,910
Alameda County, CA $814,480
This^ is 6.5 Million people we're talking about btw.
After the Central Bay Area, Vancouver is the next expensive in North America.
Vancouver, BC Metro Area $854,164 USD
Vancouver
California Counties June 2015 Median Home Price:
June 2015 sales and price report
Los Angeles Metro Area
Orange County, CA $716,730
Los Angeles County, CA $469,030
San Diego Metro Area
San Diego County, CA $569,530
Other Expensive Northern California Counties
Santa Cruz County, CA $726,000
Napa County, CA $641,670
Sonoma County, CA 573,640
Other Expensive Southern California Counties
Santa Barbara County, CA $746,320
Ventura County, CA $634,190
San Luis Obispo County, CA $534,650
And then there's Hawaii...
June 2015 Median Home Price
Honolulu Metro Area (Island of Oahu) $700,000
Oahu Real Estate Report for June 2015