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Originally Posted by pflau
That's not entirely true. There are good neighborhoods and not so good neighborhoods. The good neighborhoods in Brooklyn always cost just as much if not more so than the Bay Area except the city of San Fran. Even in some good areas of the Bronx a decent house costs 400-500K easy.
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Im sorry but $500K is nothing. I dont think outta towners realize how much more expensive this region is than anywhere else.
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And Westchester.. have you heard of Scarsdale?? One of the priciest areas in the country.
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Obviously there are pockets of extreme wealth everywhere, which is why I prefer to compare counties and regions because that's more indicative of the norm. And as far as Scarsdale,
The median list price there is $1.5 Million and that would rank similarly to Orinda and Piedmont, in the East Bay.
San Rafael, CA(Pop 55,000) $900,000
El Granada, CA(Pop 5,000) $911,000
Kensington, CA(Pop 5,000) $925,000
Redwood City, CA(Pop 90,000) $931,000
Berkeley, CA(Pop 102,000) $957,000
Belmont, CA(Pop 25,000) $965,000
Santa Cruz, CA(Pop 54,000) $982,000
San Ramon, CA(Pop 44,000) $991,000
Lafayette, CA(Pop 18,000) $1.051 Million
San Carlos, CA(Pop 27,000) $1.067 Million
Napa, CA(Pop 72,000) $1.106 Million
Millbrae(Pop 22,000) $1.117 Million
Greenbrae, CA(Pop 1,000) $1.125 Million
San Francisco, CA(Pop 800,000) $1.206 Million
Half Moon Bay, CA(Pop 12,000) $1.228 Million
Pleasanton, CA(Pop 70,000) $1.253 Million
Burlingame, CA(Pop 30,000) $1.292 Million
Sausalito, CA(Pop 7,000) $1.361 Million
Cupertino, CA(Pop 50,000) $1.402 Million
Danville, CA(Pop 52,000) $1.454 Million
Montara, CA(Pop 5,000) $1.559 Million
Orinda, CA(Pop 18,000) $1.574 Million
Menlo Park, CA(Pop 30,000) $1.603 Million
Larkspur, CA(Pop 12,000) $1.630 Million
Piedmont, CA(Pop 11,000) $1.678 Million
Mill Valley(Pop 11,000) $1.774 Million
Nicasio, CA(Pop 1,000) $1.968 Million
Los Gatos, CA(Pop 28,000) $2,011 Million
Alamo, CA(Pop 20,000) $2.158 Million
Saratoga, CA(Pop 30,000) $2.362 Million
Calistoga, CA(Pop 5,000) $2.427 Million
Stinson Beach, CA(Pop 1,000) $2.449 Million
Palo Alto, CA(Pop 60,000) $2.539 Million
Los Altos, CA(Pop 27,000) $3.126 Million
Diablo, CA(Pop 2,000) $3.253 Million
Portola Valley(Pop 6,000) $3.558 Million
Kentfield, CA(Pop 6,000) $3.670 Million
Woodside, CA(Pop 5,000) $3.929 Million
St. Helena, CA(Pop 6,000) $4.345 Million
Monte Sereno, CA(Pop 4,000) $4.362 Million
Tiburon, CA(Pop 7,000) $4.742 Million
Los Altos Hills, CA(Pop 6,000) $4.798 Million
Belvedere, CA(Pop 3,000) $5.081 Million
Hillsborough, CA(Pop 10,000) $5.528 Million
Ross, CA(Pop 3,000) $5.747 Million
Atherton, CA(Pop 7,000) $7.303 Million
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Not if you cross the bridge into East Bay. Manhattan houses cost way more than the city of San Fran. The East Bay area house prices are compatible in cost with Brooklyn and Queens depending on the neighborhood.
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No ones arguing that there are expensive areas there, but overall, The Bay Area's median home price is considerably higher.
I dont know why that's so hard to accept.