Home values soared in East Bay, South Bay while plummeting in San Francisco, Oakland

Home values soared in East Bay, South Bay while plummeting in San Francisco, Oakland

As home values in much of the East Bay and South Bay have surged by over 50% in the past five years, values in parts of San Francisco and Oakland have fallen precipitously. In interviews with this news organization, real estate agents throughout the Bay Area said the trends were propelled by three primary dynamics: COVID-driven demand for larger living spaces, safety and quality of life concerns in the cities, and high interest rates. Data from …

Here’s where Bay Area home values have changed since the pandemic

As home values in much of the East Bay and South Bay have surged by over 50% in the past five years, values in parts of San Francisco and Oakland have fallen precipitously. In interviews with this news organization, real estate agents throughout the Bay Area said the trends were propelled by three primary dynamics: COVID-driven demand for larger living spaces, safety and quality of life concerns in the cities, and high interest rates. Data from …