Tour the most expensive house in these Bay Area suburbs


  • cab83 920x920 Tour the most expensive house in these Bay Area suburbs

    In Pacifica, this home on Olympian Way in San Pedro Point asking $1,999,000 is 3 bed, 3 bath, 3,340 Sq. Ft., on the market over 20 days. It has a 5,000 square foot lot and a view of the ocean. 

    In Pacifica, this home on Olympian Way in San Pedro Point asking $1,999,000 is 3 bed, 3 bath, 3,340 Sq. Ft., on the market over 20 days. It has a 5,000 square foot lot and a view of the ocean. 


    Photo: RMLS

  •  Tour the most expensive house in these Bay Area suburbs

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In Pacifica, this home on Olympian Way in San Pedro Point asking $1,999,000 is 3 bed, 3 bath, 3,340 Sq. Ft., on the market over 20 days. It has a 5,000 square foot lot and a view of the ocean. 

In Pacifica, this home on Olympian Way in San Pedro Point asking $1,999,000 is 3 bed, 3 bath, 3,340 Sq. Ft., on the market over 20 days. It has a 5,000 square foot lot and a view of the ocean. 



Photo: RMLS


Ah, the suburbs. Generally, these locations– peripheral to some major metropolis– offer a slower pace of life, easy parking, and better home prices where the dollar buys more home and land (think front yard and backyard!). But in the Bay Area, that’s not always the case. Some of our suburban real estate is actually more expensive than our major cities.

We’ve chosen 15 Bay Area suburban cities–to the south, north and east and on the Peninsula–to highlight, where median list prices run the gamut from $615,000 to $3.899 million.


Stats:

In the real estate roundup above, a few facts deserve special attention. Based on 30 days of market activity, Palo Alto commands the highest list price, which should surprise no one since this area arguably isn’t really a suburb at all. Though surely some people living in Palo Alto commute to San Francisco, many work in the much closer the Silicon Valley. The zip code hosting the most expensive home for sale in Palo Alto is enjoying a median list of $3.889 million, and a sale-to-list ratio of 102 percent.


In the opposite corner (geographically and economically), there is San Leandro. This East Bay area could be considered a suburb of both San Francisco and Oakland. The median list in the most expensive zip in San Leandro now is $617,475. With this price is a 102 percent sale-to-list ratio.

The area enjoying the highest sale-to-list ratio is that of Brisbane. In the neighborhood hosting the most expensive home in Brisbane, buyers are offering up 109 percent of asking prices.

Take our suburban tour in the gallery above.

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert.


Article source: https://www.sfgate.com/realestate/article/most-expensive-hous-Bay-Area-suburbs-13742035.php

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