Two years ago, the median home price in Oakland was $245k. After growing a stunning 76% between May 2012 and May 2013, Oakland’s median sales price shot up another 23% last year to reach its current $478,000. This means that, for the second year in a row, Oakland home prices have grown, percentage-wise, even more quickly than those in San Francisco, which experienced a 14% median home sales price rise between May 2013 and May 2014. Alameda grew at an 11% rate over the past year to reach a median sales price of $666,250, while Berkeley’s median actually fell by 1% to 801,000. Read more on Curbed SF.
TAGS: Oakland Home Prices
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