According to many East Bay Real Estate Agencies, the East Bay Real Estate market has peaked. Data released by national groups and research firms last week, as well as anecdotal evidence from area brokers, signals that there are more homes on the market than previous years and prices are beginning to soften. Many East Bay Real Estate Agents however, do not see this as a housing bubble bursting, but rather that the East Bay market is correcting itself after years of exorbitant growth. This is turning into a buyers market where the bidding wars are decreasing – East Bay Real Estate Buyers should be able to get what they want without paying over asking price. The Oakland home median price currently is listed at $535,000.
EAST BAY WEATHER
The weather on the East Bay is a mild, year-round climate, perfect for outdoor activities. It escapes much of the fog that the city of San Francisco endures.
REAL ESTATE DEMOGRAPHICS
Oakland is the eighth largest city in California with a population of 399,484. Oakland's diverse, well-educated population is attractive to both retailers in search of customers with disposable income and businesses in search of skilled workers. The U.S. Bureau of the Census in 2000 reported the Median Age was 33.3 with the number of Oakland Households and the ratio was 48.3% male, 51.7% female. Median household income is $44,485.Berkeley's population is 102,743 – 49% Male and 50% Female. The average age is 36. Total housing Units is 46,875. Median household income is $44,485.
EAST BAY LOCATION
The East Bay is located east of San Francisco on the bay.
EAST BAY TEAMS
Oakland home owners and Berkeley home owners cheer on the Athletics (AL), Raiders (NFL), and Warriors (NBA).
EAST BAY ATTRACTIONS
East Bay home owners may visit the Berkeley Rose Garden, University Botanical Gardens, Oakland Zoo and Children's Fairyland.
EAST BAY SCHOOLS
Colleges and Universities in the East Bay include Holy Names University, Mills College, Laney College, Merritt College, Patten College, University of California, Vista Community College, Church Divinity School of the Pacific, Dominican School of Philosophy and Theology, Graduate Theological Union.
PARKS & NEIGHBORHOODS
The parks and recreational facilities available to the Oakland home owner and the Berkeley home owner are endless. "Don't miss parks" include Tilden Regional Park, Claremont Canyon, Robert W. Crown Memorial State Beach, Lake Merritt, Anthony Chabot Regional Park, Huckleberry Botanic Regional Preserve, Martin Luther King Jr. Shoreline, Redwood Regional Park, Robert Sibley Volcanic Regional Preserve. The numerous different east bay towns and neighborhoods all have their own life, tast, and feel, making them unique in their own. We are an East Bay Real Estate Agency with real estate offices also in San Francisco and Sonoma Napa valley as well. We are a "better different" kind of East Bay Real Estate Agency.
We also have helped clients in other Bay Area locations:
San Francisco
Sonoma / Napa
For your next Oakland home, Rockridge home, Berkeley home, Berkeley Hills home or East Bay home purchase or San Francisco home sale contact Maison Nouveau. We look forward to hearing from you.
