With the Bay’s price-to-rent ratio of 3.6:1, the cost of buying a home here is actually quite low.
The median sale price for a home in the San Francisco Bay Area is $1.2 million, according to Zillow.
The same city has a home price index of $2.6 million, but that number is inflated by a significant number of high-end homes in the Mission District and Chinatown.
In the Bay area, a typical house would cost about $2 million to $3 million, with a typical transaction valued at between $150,000 and $300,000.
This is an average of $150 to $250,000 per home.
The average transaction price for an Oakland home is about $550,000, but the median price is about a third of that, according with ZillOW.
The San Francisco metro area is also home to a large number of luxury homes, with median sale prices of about $3.8 million.
There are also a large amount of single-family homes in this area, with homes selling for about $800,000 to $1 million.
Here are some of the other key metrics that make up this area’s real estate market: Median Home Value: The median home value in the bay area is currently about $1,600,000; however, the median sale sale price is $900,000 or higher.
In Oakland, median home values are $1m to $2m, with the median house selling for $2-2.5 million.
Average Price per Square Foot: Average price per square foot in the area is $2,200 to $4,000 a square foot, which is more than half of the median market price of $1 per square feet.
Median Home Inventory: The average home in Oakland has about 3,000 square feet of inventory.
The number of homes in an area is dependent on several factors, including the size of the city and how much people are willing to pay for a house.
A typical home in an Oakland neighborhood has about 50 people in it, while a typical home is 50 to 60 people.
Median Rent: Median rent is about 30 percent of the market value in Oakland.
For a typical Oakland home, a monthly rent of $700 is typical, and a monthly payment of about one percent of income would be required.
Median Income: Median household income in Oakland is about 50 percent of median income in the metro area, and in some parts of the Bay, it is even higher.
Median Family Income: In the city of Oakland, families make up about half of households, with an average income of $45,000 for a family of four.
Average Rent per Year: Oakland’s median rent is around $2 a month.
Median House Value: Median home value is estimated at $1-1.5M.
Median Median Sale Price: Median sale price of a typical sale-priced home in San Francisco is about three times higher than in the median Bay Area home, but less than in other parts of California.
Median Price per House: Median price per house in Oakland varies by the size and type of house.
For example, a house sold for $400,000 in the East Bay in 2015, but could sell for up to $900K in the North Bay, while houses in the South Bay can go for more than $1M.
Average Median Rent per Month: Median monthly rent in Oakland averages $2 for a single family of two or more, but is more affordable for families of four or more.
Median Salary: Median annual salary in Oakland ranges from $42,000-55,000 annually.
Median Monthly Income: A median monthly income of about 50,000 dollars is typical for a Bay Area family of three.
Median Number of Occupants: Median number of people living in a home is between 1,500 and 2,000 people.
Average Home Value Per Square Foot in Oakland: Average home value per square inch in Oakland was $2 to $5,000 depending on the location.
Median Gross Home Value per Square Feet in Oakland in 2016 was $4.8 to $6.4 million, and the median home price in Oakland averaged $2-$2.3 million.
Median Sales Price Per Square Feet: Median sales price per sq foot in Oakland ranged from $400K to $650K.
Median Sale Prices in Oakland In 2016, the average sale price per home in California was $1 to $7.9 million, which was the highest for any city in the country.
The current median sale value of a home sold in Oakland at $2M was the fourth highest for the Bay Region, according in Zillows report.
The most expensive Bay Area real estate in 2016 included a home that sold for more $2 Million in San Jose, California, and $3M in Oakland, California.
The lowest-priced Bay Area homes in 2016 were in Oakland and San Francisco. Median