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Bay Area Home Prices by Transit Stop
- deleted 10y ago[deleted]
- thrownaway2424 10y agoThey must have major sample bias to rank Orinda below Rockridge.
- cjensen 10y agoMaybe, but keep in mind it's per square foot, and I'd bet the average Orinda residence is 2-3X larger than the average Rockridge residence.
- gdudeman 10y agoWe'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)
- DannyBee 10y agoPrice 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).
- gdudeman 10y agoAgreed. It's an imperfect measure. I lobbied to put both on here, but then you end up with an unreadable map.
- thrownaway2424 10y agoYou 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.
- declan 10y agoAlso price per square foot doesn't reflect lot size. Orinda will, I suspect, have larger lots than Rockridge. If you wanted to buy a decrepit 600 sq. ft shack on a 10-acre lot in downtown Woodside, a price per square foot metric might seem like it should be <$1M. In reality the property would sell for $10M+ based on the land value, with the shack having negative value because of the cost to tear it down. (Ob. Steve Jobs Woodside reference here.)
- lafay 10y agoI 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.
- everly 10y agoSince pricing increases based on proximity to downtown SF, my intuition would lead me to think that pricing should also increase based on proximity to a BART station (or existence of a BART station) within a suburban city, since it positively impacts ability to get to downtown SF. But I'm not sure that's true in reality. It also doesn't line up with the stereotypical NIMBY complaint I've always heard (e.g. Marin County) that transit attracts riff-raff and would therefore depress home prices. I suppose there've been studies done on this sort of thing so perhaps I'll have a quick google.
- mdorazio 10y agoThis is definitely true for Caltrain stations in SV, but I'm actually not sure if it applies to BART since it at least seems like most of the more expensive neighborhoods in the city aren't particularly close to a station.
- chipsy 10y agoThere's a sort of "feedback loop inversion" effect in play where transit caters to extremes of poverty and wealth and not the middle. For example, Palo Alto's Caltrain stops are not high-end real estate because transit runs through it - they're high-end because they have become a major destination for tech workers over the course of a few decades. On the other hand, West Oakland BART is within easy reach of many major destinations but it's been heavily resistant to gentrification: major firms do not have a presence there, and it's historically a working-class community, not a wealthy suburb. BART's deployment there is effectively transit as a "handout" policy, a way to make sure low-income workers get to their low-income jobs. But places that are a bit outlying and don't have a big job market, like much of Marin, sit in a nebulous zone in between: they aren't really "in demand" right now, and that gives the community leverage to stomp out anything that would change that.
- omegaworks 10y ago>BART's deployment there is effectively transit as a "handout" policy Is that really how it's framed?
- filereaper 10y agoThe average travel times by BART don't seem all that bad, most large metropolitan cities need an hour by transit anyways. Do people in SF-region really not commute to work from afar?
- deleted 10y ago[deleted]
- evmar 10y agoThis article[1] claims that the "national average commute time is 24.4 minutes" and that "the San Francisco-Oakland-Fremont region is also No. 1 for commute distance" in the country. [1] http://ww2.kqed.org/news/2013/03/05/san-francisco-bay-area-nations-capital-for-megacommuting http://ww2.kqed.org/news/2013/03/05/san-francisco-bay-area-n...
- melling 10y ago30 minutes doesn't seem that bad. If you commute to Manhattan, you're looking at least 45 minutes door to door from most directions. Not to worry, within another 30 years technology will solve the problem and mass transit will achieve great speeds, like 100 mph. The average commuter train/subway now has to be less than 50 mph. Get on a train in Mountain View and arrive in San Francisco in 15 minutes.
- xjlin0 10y agoIt is the frequent/nearby stops that make the mass transit slow today. Nowadays all trains/bus engines can drive cars to 80mph already.
- melling 10y agoNo, do the math. The express trains and subways aren't that fast either. Some are much slower because of frequent stops but that's not the only problem.
- mr_tristan 10y ago
- jakelarkin 10y agoIt would seem there's no where on the peninsula can you buy an average 1500sqft house for less than $1million, ~$700/sqft.
- rgbrgb 10y agohttps://www.openlistings.com/p/172-sweeny-st-san-francisco-ca-94134 https://www.openlistings.com/p/172-sweeny-st-san-francisco-c...
- pmorici 10y agoIn the shadow if the 280 / 101 interchange?
- rgbrgb 10y agoSure, just saying stuff pops up in that price range if you're patient. This is better location and has a pool! https://www.openlistings.com/p/257-justin-dr-san-francisco-ca-94112 https://www.openlistings.com/p/257-justin-dr-san-francisco-c... Peninsula sorted by price: https://www.openlistings.com/z/94134?focus_params_id=172-sweeny-st-san-francisco-ca-94134&n=37.831088807314565&s=37.499527841533116&e=-122.30107939990233&w=-122.69384063037108&sort=price-asc&property_types=%5B%22home%22%5D&price_max=999999&bedrooms=2 https://www.openlistings.com/z/94134?focus_params_id=172-swe...
- gdudeman 10y agoIt might seem that way, but it isn't. I'm guessing you have one or two additional criteria on your search, but there are a bunch of homes currently for sale that match your stated criteria: http://www.estately.com/37.5981,-122.5977,37.7576,-122.3059?active_only=false&max_price=1M&min_feet=1400&property_type=house http://www.estately.com/37.5981,-122.5977,37.7576,-122.3059?... (edit: first link was borked)
- EarthIsHome 10y agoRelated somewhat: Atlanta median income down MARTA's Red line (travels North to South) http://news.wabe.org/post/atlanta-biggest-gap-between-rich-and-poor-us http://news.wabe.org/post/atlanta-biggest-gap-between-rich-a...
- Rhapso 10y agoIt is fun to play "who will get off at which stop" on marta Red line because of this effect. The income disparity in atlanta is insane and getting worse.
- bydo 10y agoHere's one for New York: http://projects.newyorker.com/story/subway/ http://projects.newyorker.com/story/subway/ And Chicago: http://youarehere.cc/j/subway/chicago.html http://youarehere.cc/j/subway/chicago.html
- qqrs 10y agoA very cool sonification of income inequality along the New York subway: https://datadrivendj.com/tracks/subway https://datadrivendj.com/tracks/subway
- xivzgrev 10y agoWow that's interesting how for Brown line the median income is already high for Addison and stays relatively constant all the way downtown
- bbarn 10y agoChicago's is heavily skewed by the loop stops - where almost nobody lives. Filtering those out would give a much clearer view.
- gdudeman 10y agoHere's one for DC: http://www.estately.com/washington-dc-real-estate-by-transit-stop http://www.estately.com/washington-dc-real-estate-by-transit...
- Rhapso 10y agoI'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?
- gjkood 10y agoDo 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 is a very safe place to live, but as you go along the BART corridor there are variations in this factor. If you don't mind endless daily commutes then you can also look beyond the Pleasanton/Dublin corridor where there are good schools coming up with relatively affordable home prices.
- throwaway76543 10y agoThe 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-unified-school-district/ http://www.greatschools.org/california/pleasanton/pleasanton... http://www.greatschools.org/california/fremont/fremont-unified/ http://www.greatschools.org/california/fremont/fremont-unifi...
- sureshv 10y agoSchool and housing is better site than great schools. http://www.schoolandhousing.com/mobile/ http://www.schoolandhousing.com/mobile/ Mission San Jose in Fremont is one of the top 10 public schools in terms of API & SAT in the state of CA. http://schools.latimes.com/sat-scores/ranking/page/1/ http://schools.latimes.com/sat-scores/ranking/page/1/
- KKKKkkkk1 10y agoWhat 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?
- peedy 10y agoSouth bay from? My summer gig is in downtown Mountain View and I stay really close to San Jose Diridon station. Looking at the schedule, the train ride can be as short as 15 minutes (SJ to MTV) and the rents here are ~$3K/mo for a 2 bedroom apartment.
- deleted 10y ago[deleted]
- maaku 10y agoDefine South Bay. The South Bay terminus stations (San Jose and tamien) are probably the cheapest COL...
- throwaway_xx9 10y agoThe Caltrain is surprisingly expensive. It is also a long trip from SF to SJ, and has been running late for months when going Northbound. Beware that if you buy a Clipper card, they tend to "forget" your deposit without recourse. The fine is $250 for being caught without proof of payment or jail.
- astrange 10y agoCaltrain regularly hits cars on the track and has to stop the train for more than an hour, so you'll need a backup plan if you expect to get home on time.
- joeblau 10y agoIt's really good in two cases. 1. You're leaving from 4th & King / 22nd Street - This is is because the train PACKS in and the further down the line you're trying to get on, the worse chance you'll have of actually getting a seat and being comfortable. 2. Your company is right off the Caltrain stop - This is because if you have to take a shuttle or some other mode of transportation, you're throwing more randomness in your trip about when you'll make the Caltrain to head back home. I used to live at the Avalon at 4th and King and work in East Palo Alto and the commute was great for the most part. Rent near any Caltrain stop is not cheap, but you're paying for the convenience of being near transportation. The main issues I had where when I had to get back; If my shuttle was delayed or late for the train I needed to catch, I usually had to end up running or would miss my train. The itself was reliable, but my shuttle driver was not.
- beatpanda 10y agoNow 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
- mahyarm 10y agoThe 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.
- jdavis703 10y agoI took the transbay NL bus for several months. Never had a ride take anywhere close to an hour, except for once when it was raining really hard, but that's because traffic in SF was so gridlocked, but the bridge was OK.
- encoderer 10y agoYou're very wrong. The bus has its own lane around the toll plaza. The actual time on the bridge is 10 mins. I make it from Berkeley to SF in 35 mins once the bus picks me up. I can walk to the Bart station but always take the bus. It's a much cleaner and nicer experience. Wait. I mean, the bus is awful. Definitely nobody start taking the g or fs. Thanks.
- deleted 10y ago[deleted]
- deathanatos 10y agoWhy does Millbrae's price change by $6/sq between the BART map and the CalTrain map? (Both services are serviced at the same station.)
- rawnlq 10y agoMight be splitting by some voronoi method so there's no reason to expect the areas represented by each station to be the same
- deleted 10y ago[deleted]
- chirau 10y agoI stayed by 19th and Mission on Funston for a while. I didn't realize that real estate was so expensive there. I would have thought the Embercadero, Marina etc would be more expensive.
- zghst 10y agoThe Mission is up and coming, it's now one of the hot real estate areas. I'm pretty sure Marina is more expensive, though it's not listed on the map.
- TwoBit 10y ago19th St Oakland is more expensive than Dublin/Pleasanton? Something is surely amiss. Also, Rockridge more expensive than Orinda??
- abritinthebay 10y ago19th St Oakland is in the middle of Uptown - it was expensive 5 years ago, let alone today. Not sure where you think it is but it's right in the middle of one of the most vibrant downtown areas in Oakland... Rockridge is likely more expensive PER SQUARE FOOT because Orinda has more space so places are much larger but at the same price or only marginally higher. I mean Stephen Curry just bought a 3.5 million place out there that's pretty darn massive but a small 2 story home in Rockridge starts at like... 800k and not for a nice one either. Makes sense overall.
- sdenton4 10y agoI've been in Rockford for a year and a half, and just sabot the entire block has been sold in that time. It's a pretty popular neighborhood... And closer to everything than Orinda.
- abritinthebay 10y agoRockford? You mean Rockridge? Ditto - I moved here in late 2014 and it's by far the most popular for new construction and old buildings being sold.
- sdenton4 10y agoYes, rockridge. Mobile typing ftw.
- abritinthebay 10y agoBeen there. Howdy neighbor!
- abritinthebay 10y agoThis really makes me feel like the whole Raiders mess is missing a real opertunity to turn that area into a great mixed use housing/retail/entertainment area. I mean it's got 3 lines running through it, it's near Alameda's lovely shopping, it's near the freeway, it's quick to both Oakland and SF downtown. LOTS of housing and options there - even IF there is a new stadium in that area...
- dclowd9901 10y agoI can't understand why DC and Colma remain so cheap (comparably). Sure, the area doesn't have as much walking distance locales but a quick Bart ride will get you anywhere you want to go. Are people really that sensitive to small inconvenience?
- mathattack 10y agoIt could be school quality and/or crime too. The suburban costs seem to correlate with school quality, crime, ease of building [0] and distance to job centers. [0] In Palo Alto home prices are artificially high in part because the schools are great and it's very hard to build new houses there. In Mountain View and Sunnyvale there is a lot of newer development and the schools are a little worse. This trumps distance.
- bonniemuffin 10y agoI wonder if Colma has a stigma due to being full of graveyards? https://en.wikipedia.org/wiki/Colma,_California https://en.wikipedia.org/wiki/Colma,_California I've actually thought about moving out of SF proper into Colma someday because it seems underpriced for its location and amenities. Daly City is quite nice too -- agreed that that part of the map looks like the best deals around.
- badusername 10y agoDC and Colma also suffer from some of the worst fog cover through out the year around the area.
- Reedx 10y agoYep, Daly City is pretty miserable climate wise. It'll often be covered in fog and cold in the middle of a summer day, while a few miles away it's sunny and warm. You also have to deal with mold and rust issues. I've looked at apartments there a couple times, and while it's vastly more affordable than SF, the climate + distance outweighs the upsides (for me anyway).
- govspy 10y agoI would have thought living near the airport would be the cheapest square footage on that map. In Toronto they can barely give away apartments located near Pearson Airport due to the incessant noise (and some crime, probably associated with the low purchase price of the apartments). The prices are ~50% of what they are everywhere else in the city.
- rflrob 10y agoThat is largely true for the east bay—the Coliseum Bart station is the transfer point to the Oakland airport. And the neighborhoods around SFO are not nearly as gentrified as many others nearby on the peninsula.
- hippich 10y agothere might be a lot of value in located near airport for businesses which rely on air freight, which probably drives costs up, since it competes against residential for land.