Today we’ll provide a few quick graphics to give you a pricing snapshot on the 4 counties where we sell homes. These will be ranked by order of housing cost, from highest to lowest.
San Mateo County
San Mateo County is “The Peninsula”, the county just south of San Francisco and north of Santa Clara County and Santa Cruz County.
Santa Clara County
Santa Clara County, our home base, is the second priciest area in this region:
We also do monthly market updates on communities within the Santa Clara County and more on our other blogs. Check out some of those market reports through the link.
Santa Cruz County
Just south of Santa Clara County lies Santa Cruz County. While San Mateo and Santa Clara Counties are considered Northern California, Santa Cruz County is part of the Central Coast region. It’s always a little more affordable than Silicon Valley. (Scotts Valley is a part of Santa Cruz County and also Silicon Valley, which has blurry boundaries at best.)
Read more about the markets in the above areas in our article: Market Reports for Three Silicon Valley Counties.
Finally, Alameda County, where sometimes we help buyers or sellers in Fremont or Newark. Here’s that county’s pricing snapshot.
What does it cost to buy a single family home in the city of San Jose? There are many districts in this spread out city and their values vary by about 2 to 1 from the highest to lowest priced areas in this large, sprawling city with about 1,000,000 residents.
In this article we’ll take a look at the main, fairly well defined districts and discuss the cost of purchasing a house in each one. After each small description, there’s a link to a post on my popehandy.com website for that area.
You can also find relevant information on my Valley of Heart’s Delight blog, SanJoseRealEstateLosGatosHomes.com – just click on the “Neighborhoods” link.
Lastly, if you’d like to see a map of where these parts of SJ are located, please click on this link to find this article with a helpful map: San Jose is big and sprawling: where are the districts?
Moving across the state, country, or globe always presents opportunities – but also challenges. What are the biggest hurdles for people moving to Silicon Valley?
The cost of housing is the # 1 challenge for newcomers to Silicon Valley
For most people, the hardest issue is the cost of housing in the San Francisco Bay Area. Whether buying or renting, it’s extremely costly here. Depending on where you’re coming from, it could be man, many times more expensive. Finding affordable housing is the # 1 challenge for people relocating to Silicon Valley.
How does it compare to other places? It is close to on par with New York City, about 50% more expensive than Austin, TX, and about 1/3 more than Chicago, IL. Check Sperling’s Cost of Living comparison to get a good sense of how it relates to your current home town.
Not only are the houses, condominiums, townhouses and apartments more expensive, but most of our homes are smaller too. (more…)