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Bay Area Home Prices by Transit Stop

estately.com

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Re: Bay Area Home Prices by Transit Stop

#31

Post by DannyBee »

gdudeman wrote: post #25
thrownaway2424 wrote: post #3

They must have major sample bias to rank Orinda below Rockridge.

We're using price per square foot. We are a member of the MLS, so we have every home and condo for sale. You know what looks crazy? Not factoring in size. We did it and it looked really goofy. (I'm the founder of Estately)

Price per square foot is .. not always a great metric.

Price per square foot tends to goes down as square footage goes up.

(For example, a 1700 sq ft home in mountain view will cost you 2 mil. A 3400sq ft one in the same place will cost ~3 mil, not 4 mil).

Re: Bay Area Home Prices by Transit Stop

#33

Post by throwaway76543 »

gjkood wrote: post #30
Rhapso wrote: post #14

I'm looking at moving to the bay area in the next few months. I've settled on fremont but im looking at renting. Assuming rent linearly correlates with the costs here it does not seem that bad a cost or commute (relatively speaking). Any advice or cautions?

Do you have kids of a school going age or will be in school in the next few years? That makes a huge difference as far as SV is concerned. Fremont is one of the better school districts in CA second only to the Cupertino school district. Correspondingly prices in Fremont are quite high. If schools are not an issue then you have a lot more options in terms of cost. The next issue is prevalence of crime/safety. Fremont…

The Dublin/Pleasanton school situation is considerably better than in Fremont -- and always have been along with the rest of the 680 corridor bedroom communities.

Fremont schools are a very mixed bag and while they've improved recently thanks to gentrification they're not fantastic historically. There are still quite a few moderately poor schools mixed in the Fremont district.

For your comparison:

http://www.greatschools.org/california/pleasanton/pleasanton...

http://www.greatschools.org/california/fremont/fremont-unifi...

Re: Bay Area Home Prices by Transit Stop

#34

Post by lafay »

thrownaway2424 wrote: post #3

They must have major sample bias to rank Orinda below Rockridge.

I was also surprised by the $/sqft figures for Orinda and Lafayette. I think there just aren't that many "for sale" samples within 1 mile of those stops. A lot of it is commercial, apartments, or open space.

Also, it says this data includes sales from the last six months, which exactly covers the low season for housing sales. I'd be very interested to see this again in September or October.

A semi-related factoid about Orinda: lowest % of passengers who get to/from the station by foot of any in the BART system.

Re: Bay Area Home Prices by Transit Stop

#35

Post by gdudeman »

DannyBee wrote: post #31
gdudeman wrote: post #25

Earlier quoted context omitted.

We're using price per square foot. We are a member of the MLS, so we have every home and condo for sale. You know what looks crazy? Not factoring in size. We did it and it looked really goofy. (I'm the founder of Estately)

Price per square foot is .. not always a great metric. Price per square foot tends to goes down as square footage goes up. (For example, a 1700 sq ft home in mountain view will cost you 2 mil. A 3400sq ft one in the same place will cost ~3 mil, not 4 mil).

Agreed. It's an imperfect measure.

I lobbied to put both on here, but then you end up with an unreadable map.

Re: Bay Area Home Prices by Transit Stop

#36

Post by pmiller2 »

Rhapso wrote: post #14

I'm looking at moving to the bay area in the next few months. I've settled on fremont but im looking at renting. Assuming rent linearly correlates with the costs here it does not seem that bad a cost or commute (relatively speaking). Any advice or cautions?

I would love to see a similar chart with median 1BR rental prices instead.

Re: Bay Area Home Prices by Transit Stop

#37

Post by thrownaway2424 »

gdudeman wrote: post #35
DannyBee wrote: post #31

Earlier quoted context omitted.

Price per square foot is .. not always a great metric. Price per square foot tends to goes down as square footage goes up. (For example, a 1700 sq ft home in mountain view will cost you 2 mil. A 3400sq ft one in the same place will cost ~3 mil, not 4 mil).

Agreed. It's an imperfect measure. I lobbied to put both on here, but then you end up with an unreadable map.

You do have to pick something and run with it, I understand that. But price per square foot is pretty bogus because one cannot buy housing by the square foot. You have to buy it per _house_. I think you could make a fair comparison if you went with median 2-bedroom sale price instead.

Re: Bay Area Home Prices by Transit Stop

#38

Post by mahyarm »

beatpanda wrote: post #32

Now chart it for AC Transit transbay buses and weep at how much you've been getting ripped off just because you don't want to take a bus to work

The transbay busses are slower because they get stuck on the bridge. 8 minutes for bart to cross the bay vs 1hr for a vehicle on the bay bridge during rush hour. If I'm wrong, I would be pleasantly surprised.

Re: Bay Area Home Prices by Transit Stop

#39

Post by maaku »

KKKKkkkk1 wrote: post #17

What is Caltrain like for commuting in the South Bay? Would it make sense to rent near a Caltrain station in one of the cheaper cities and commute to the Silicon Valley area?

Define South Bay. The South Bay terminus stations (San Jose and tamien) are probably the cheapest COL...

Re: Bay Area Home Prices by Transit Stop

#40

Post by throwaway_xx9 »

Rhapso wrote: post #14

I'm looking at moving to the bay area in the next few months. I've settled on fremont but im looking at renting. Assuming rent linearly correlates with the costs here it does not seem that bad a cost or commute (relatively speaking). Any advice or cautions?

Fremont is an Indian ghetto.

A lot of the non-Indian people that I have talked to mentioned a desire to move because of that, especially Chinese friends.

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