Home prices in the Bay Area are crazy, and a 800k home here won't get you a nice new 4000 sq-ft 6-bedroom house with a large lawn and swimming pool. Some of those 800k homes are small 40 year old 2-bedroom homes (great school districts)... or you could go for a newly built townhouse that's part of a large complex (so-so school districts). Lawn? What lawn?
The list of most expensive zip codes 2005 is interesting.
Deal is just a few minutes drive from my NJ home. It's full of summer homes of people who live the rest of the year around Brooklyn. Unlike the Bay Area, the prices are VERY localized for Deal; that is, most homes in surrounding towns are around 200k or less. (These are median home prices.)
| #64 | 07723 | DEAL, NJ | $1,031,081 |
| #130 | 11201 | BROOKLYN, NY | $826,790 |
Locations within 30 minutes of where my current apartment is...
| #91 | 94301 | PALO ALTO, CA | $915,129 |
| #20 | 94022 | LOS ALTOS, CA | $1,392,522 |
| #29 | 94024 | LOS ALTOS, CA | $1,306,432 |
| #1 | 94027 | ATHERTON, CA | $2,496,553 |
| #27 | 94028 | PORTOLA VALLEY, CA | $1,316,417 |
| #105 | 94062 | REDWOOD CITY, CA | $879,910 |
| #51 | 95070 | SARATOGA, CA | $1,100,804 |
| #115 | 94402 | SAN MATEO, CA | $857,106 |
| #147 | 95032 | LOS GATOS, CA | $804,309 |
| #31 | 95030 | LOS GATOS, CA | $1,278,645 |
| #40 | 94010 | BURLINGAME, CA | $1,152,066 |
And the prices haven't really dropped even after the stock bubble burst.




























