On a Budget: East Bay Real Estate Is Often Under One Million Dollars
The East Bay, with its diverse neighborhoods, vibrant communities, and eclectic activities, is often seen as a more realistic place to buy a home in relation to San Francisco. Though, with space becoming more scarce, local and foreign developers buying up property, and the highest year-over-year change in annual median house sale price, spiking to $200,000, that fact seems to be changing.
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The coastal area came to prominence in the middle of the nineteenth century as the part of the Bay Area most accessible by land from the east. The shoreline is an urban corridor with several cities exceeding 1 million residents which includes Oakland, Hayward, Fremont, Richmond, and Berkeley. The Greater Oakland-Berkeley East Bay region has experienced a 21% increase in median house sale price from 2020 to 2021
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