Real estate marketing company Point2.com used an algorithm that included MLS, local brokerage and listings websites to identify the lowest priced listing from each ZIP code identified as among the year’s top 100 highest priced markets, so we can imagine what it’s like to get a “bargain” in one of the top three most expensive Bay Area ZIP codes.
These listings are the least expensive properties currently on the market in Atherton (San Mateo County), the country’s No. 1 most expensive; in Ross (Marin County), the country’s No. 4 most expensive; and in Los Altos (Santa Clara County), the country’s No. 9 most expensive.
The least expensive home you can buy in Atherton right now is this one asking $9.85 million at 10 Atherton Ave. This new construction home spanning nearly 5,000 square feet has five bedrooms and six bathrooms. It also features a pool.
The cheapest home for sale in Ross right now is 3 Thomas Court, asking $3.45 million. It’s on a cul-de-sac in the flats of Ross and includes three bedrooms and three bathrooms.
In Los Altos, the cheapest home you can buy is this condo at 150 West Edith Ave., No. 3, listed for $950,000. It’s in the downtown section of the town and has two bedrooms and two bathrooms.
Looking back, here are the three least expensive sales in the Bay Area’s three most expensive ZIP codes in 2021.
The least expensive home sold in Atherton in 2021 was 1175 Osborn Ave., which sold for $2.18 million. Inside the 1,731 square feet there are three bedrooms and two bathrooms.
In Ross, 20 Redwood Dr. sold for $1.81 million and offered two beds, one bath and 1,246 square feet.
Lastly, 38 3rd St. No. 200 was the least expensive home sold in Los Altos this year. It’s a one-bedroom, one-bathroom condo that sold for $385,000. Given that it was estimated to sell for closer to $800,000, this was likely a special case sale.
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/least-expensive-homes-Bay-Area-priciest-ZIP-codes-16683204.php