See how much more expensive properties in the Bay Area are compared to other cities

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With house prices skyrocketing across the country, the cities of the Gulf are still considered some of the most expensive to live, according to a new study.

In accordance with US National House Price Index S & P / Case-Shiller, the value of houses this year is growing at a historical level. Researchers at the Inspection Support Network, a software company that specializes in property checks, analyzed data from Zillow and the US Census Bureau. find the most expensive places to live against the backdrop of a sharp jump in housing prices, San Jose and San Francisco came out on top.

At the state level, Hawaii surpassed California for the most expensive homes with an average of $ 710,000 compared to $ 654,629 in California. Both of these prices are well above the national average home price of $ 281,370, the researchers found.

But at the city level, California is one of the four most expensive urban areas with more than 1 million inhabitants – San Jose ranks first with an average home value of around $ 1.4 million, followed by San Francisco with $ 1.2 million. -Angeles with $ 783,610. and San Diego – $ 729,318.

Bay Area cities are also among the most expensive small urban areas, with populations ranging from 100,000 to 349,999: Santa Cruz was number one with an average home price of around $ 1 million, while Napa was second at $ 796,806.

Among the mid-size metro stations – 350,000 to 999,999 people – six of the ten most expensive cities were in California, including Santa Rosa in 3rd place and Vallejo in 6th place.



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