Prices for existing single-family homes in the Bay Area are
down in all counties except San Francisco the past year.
Prices are still up in most counties the past four years
and in all nine counties the past eight years.
County Price $ March 2008 1-year 4-year % 8-year %
Alameda 501,000 -20.7 6.6 67.0
Contra Costa 409,000 -33 -2.6 66.9
Marin 862,500 -10.6 15.0 56.5
Napa 457,250 -20.5 -4.7 77.6
Santa Clara 684,500 -9.3 21.3 48.8
San Francisco 826,500 0.4 27.2 94.0
San Mateo 760,000 -5.7 16.9 52.0
Solano 330,000 -24.8 0.0 91.9
Sonoma 425,000 -22.4 -2.0 59.8
Bay Area 549,000 -20.4 9.8 59.6
Notice Napa is the third lowest priced county in the bay area
while arguably maintaining the broadest appeal to those outside
the area. Now is the time to invest in Napa Valley real estate.
If you are seeking a hotel, multifamily, office or retail
real estate investment or even a ultra luxury home priced
over $4,000,000 you should meet with my team and I for a
private consultation. My office is located on 1st and Main
on the busiest corner in Napa Valley. Here at the RE/MAX
Napa Valley office RE/MAX Cornerstone my team specializes
in off market hard to find investment real estate. Contact
me Mike Bolen at Mike@MikeBolen.com or 707-254-9999.
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
Comment by Allen Taylor — May 8, 2008 @ 1:34 pm
[...] Mike Bolen wrote an interesting post today on Bay Area Home Price TrendHere’s a quick excerptNow is the time to invest in Napa Valley real estate. If you are seeking a hotel, multifamily, office or retail real estate investment or even a ultra luxury home priced over $4000000 you should meet with my team and I for a … [...]
Pingback by Investment » Bay Area Home Price Trend — May 8, 2008 @ 3:21 pm
Mike, thanks for stopping by! I will be on the lookout for your recommendations. Oh and BTW, I posted this funny blog today about wine snobs, check it out! Cheers!
Comment by BILL — July 8, 2008 @ 12:52 pm