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It's a "Metropolitan Division." Middlesex, Monmouth, and Ocean counties, I think. I don't know why those three are grouped together compared to other neighboring counties, but I'm sure the Census has a justification published somewhere.
I have personally witnessed more homes than are listed for the bottom half of those cities in the Research Triangle area of NC alone sell for $100k+ over list price. That figure is probably in the 100s here and the market dynamics are similar to that of Atlanta which has 3x the metro population. There is no way there were only 36 houses in Atlanta metro that sold for $100k+ over list.
Maybe this is just homes listed by Redfin themselves.
We moved back to the US several months ago and were looking for homes in New Jersey and in Chicago. One big reason we chose Chicago is that brokers were practically throwing properties at us while in New Jersey there was always someone willing to pay more than we could possibly afford. The real estate market of the entire NYC area but especially New Jersey is completely on fire while Chicago is not. Probably should have taken the hint, honestly.
You seem pretty unhappy in Chicago? Just looking at your posts.
Flipside of "cheap" places is when you want to unload the property, what happens then?
I know there's this perverse tendency for folks on city-data to brag and back-pat their cities for breaking record after record for housing prices, but what's going on nationally is not at all good nor is it sustainable.
I don't think many people truly realize how so much of our economic stability and growth is reliant on housing that is available and attainable to our overwhelmingly middle class society. That's true for everywhere, from the high-flying coasts to "Middle America."
When the national median housing price crosses the 400K threshold, that tells me something is very much awry.
Something has to give at some point, and I fear it won't be pretty.
I know there's this perverse tendency for folks on city-data to brag and back-pat their cities for breaking record after record for housing prices, but what's going on nationally is not at all good nor is it sustainable.
I don't think many people truly realize how so much of our economic stability and growth is reliant on housing that is available and attainable to our overwhelmingly middle class society. That's true for everywhere, from the high-flying coasts to "Middle America."
When the national median housing price crosses the 400K threshold, that tells me something is very much awry.
Something has to give at some point, and I fear it won't be pretty.
I know there's this perverse tendency for folks on city-data to brag and back-pat their cities for breaking record after record for housing prices, but what's going on nationally is not at all good nor is it sustainable.
I don't think many people truly realize how so much of our economic stability and growth is reliant on housing that is available and attainable to our overwhelmingly middle class society. That's true for everywhere, from the high-flying coasts to "Middle America."
When the national median housing price crosses the 400K threshold, that tells me something is very much awry.
Something has to give at some point, and I fear it won't be pretty.
I hope you're not referring to me as 8 of the top 10 are in Florida, an area I won't live in.
Here are the latest median prices in this state, SF proper just surpassed $2M, Santa Clara is about to reach $2M, San Diego is about to surpass $1M.
CA Counties by Median Home Price, March 2022 San Mateo, CA $2,280,000
San Francisco, CA $2,060,000
Santa Clara, CA $1,950,000
Marin, CA $1,737,500
Santa Cruz, CA $1,600,000
Alameda, CA $1,430,000
Orange, CA $1,305,000
Santa Barbara, CA $1,300,000
Mono, CA $1,100,000
Napa, CA $998,000
Contra Costa, CA $965,900
San Diego, CA $950,000
Ventura, CA $914,000
Monterey, CA $911,000
San Luis Obispo, CA $903,000
San Benito, CA $835,000
Sonoma, CA $833,759
Los Angeles, CA $781,050
El Dorado, CA $750,000
Placer, CA $701,730
Yolo, CA $657,000
Riverside, CA $620,000
Solano, CA $604,000
Sacramento, CA $560,000
Nevada, CA $559,000
San Joaquin, CA $550,000
Mariposa, CA $530,000
Mendocino, CA $506,000
Calaveras, CA $492,000
San Bernardino, CA $475,000
Stanislaus, CA $470,500
Butte, CA $465,000
Sutter, CA $460,000
Tuolumne, CA $450,000
Amador, CA $440,000
Yuba, CA $432,500
Humboldt, CA $430,000
Madera, CA $430,000
Fresno, CA $415,000
Tehama, CA $401,880
Del Norte, CA $398,000
Plumas, CA $391,500
Shasta, CA $390,000
Merced, CA $385,000
Lake, CA $370,000
Kern, CA $369,750
Tulare, CA $360,980
Kings, CA $325,000
Glenn, CA $320,000
Siskiyou, CA $308,000
Lassen, CA $243,000
Here are the latest median prices in this state, SF proper just surpassed $2M, Santa Clara is about to reach $2M, San Diego is about to surpass $1M.
CA Counties by Median Home Price, March 2022 San Mateo, CA $2,280,000
San Francisco, CA $2,060,000
Santa Clara, CA $1,950,000
Marin, CA $1,737,500
Santa Cruz, CA $1,600,000
Alameda, CA $1,430,000
Orange, CA $1,305,000
Santa Barbara, CA $1,300,000
Mono, CA $1,100,000
Napa, CA $998,000
Contra Costa, CA $965,900
San Diego, CA $950,000
Ventura, CA $914,000
Monterey, CA $911,000
San Luis Obispo, CA $903,000
San Benito, CA $835,000
Sonoma, CA $833,759
Los Angeles, CA $781,050
El Dorado, CA $750,000
Placer, CA $701,730
Yolo, CA $657,000
Riverside, CA $620,000
Solano, CA $604,000
Sacramento, CA $560,000
Nevada, CA $559,000
San Joaquin, CA $550,000
Mariposa, CA $530,000
Mendocino, CA $506,000
Calaveras, CA $492,000
San Bernardino, CA $475,000
Stanislaus, CA $470,500
Butte, CA $465,000
Sutter, CA $460,000
Tuolumne, CA $450,000
Amador, CA $440,000
Yuba, CA $432,500
Humboldt, CA $430,000
Madera, CA $430,000
Fresno, CA $415,000
Tehama, CA $401,880
Del Norte, CA $398,000
Plumas, CA $391,500
Shasta, CA $390,000
Merced, CA $385,000
Lake, CA $370,000
Kern, CA $369,750
Tulare, CA $360,980
Kings, CA $325,000
Glenn, CA $320,000
Siskiyou, CA $308,000
Lassen, CA $243,000
Statewide median home is 850K? Stop. Unsustainable.
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