I dont need to create another thread for this but these are findings of a look i took at how prices have changed up and down California in the last 10 years.
The past decade has been a very, very busy one for home prices in this state. This is data from the California Association of Realtors(car.org).
Here are 2 highlights I noticed:
1. Monterey County had the fastest rising median home price over the past decade, climbing a mindboggling 265%, followed by Contra Costa at 237%, and San Bernardino at 216%.
Monterey and Contra Costa both went from the 200,000s to just shy of $1 million.
2. 2 CA Counties increased their median home price by over $1 million, San Mateo and Santa Clara.
Here is the data:
County Median......March 2011..March 2021...10-Year Change
Marin...................$826,700....$1,627,500...+96.9%......+$800,800
San Francisco......$764,535....$1,755,000..+129.7%.....+$990,465
San Mateo...........$666,950....$1,985,000..+198.0%...+$1,318,050
Santa Clara..........$550,250....$1,600,000..+190.9%...+$1,049,750
Orange.................$523,610....$1,025,000...+95.9%.......+$501,390
Santa Cruz...........$465,000....$1,100,000...+136.5%.....+$634,900
Ventura................$443,920.......$770,750....+73.8%.....+$326,830
Santa Barbara......$436,360.....$1,075,000..+146.5%....+$638,640
Alameda...............$420,420....$1,163,000..+176.9%.....+$742,580
San Diego.............$383,620.......$800,000..+108.8%.....+$416,380
San Luis Obispo....$362,700.......$737,500..+103.5%.....+$374,800
Napa.....................$332,610.......$929,000..+179.8%.....+$596,890
Sonoma................$325,910.......$765,000..+135.3%.....+$439,390
Los Angeles..........$282,170.......$668,220..+136.8%.....+$396,050
El Dorado..............$278,333.......$652,500..+134.5%.....+$374,367
Contra Costa........$273,350.......$920,000..+237.0%.....+$646,650
Monterey..............$255,900.......$931,000..+265.1%.....+$675,100
Placer....................$254,268......$610,000..+149.1%.....+$355,732
Humboldt..............$250,000......$359,000....+43.6%.....+$109,000
San Benito............$247,500.......$765,000..+209.7%.....+$517,500
Yolo.......................$221,153......$530,000..+139.8%.....+$308,847
Nevada.................$211,363.......$530,000..+151.1%....+$308,637
Riverside...............$201,520.......$535,000..+166.1%....+$303,480
Solano...................$193,480.......$549,000..+184.4%....+$355,520
Sacramento..........$167,457.......$485,000..+190.4%....+$317,543
San Joaquin..........$155,698......$457,750...+193.9%....+$302,052
Fresno...................$138,120......$350,000...+153.4%....+$211,880
Stanislaus.............$135,483.......$407,500...+200.7%...+$272,017
Madera.................$133,350.......$365,000...+173.7%...+$231,650
San Bernardino.....$130,690.......$412,000...+216.9%...+$281,310
Kern......................$127,500.......$310,000...+146.5%...+$182,500
Merced.................$115,290........$318,000...+175.2%..+$202,710
CALIFORNIA........$304,770........$758,990...+149.0%...+$454,220
Source: California Association of Realtors
Let this serve as a cautionary tale for other states. KEEP. BUILDING. PLEASE.