Despite all the recent turmoil in the real estate market, the valley remains the most expensive in the country. But the question remains: why is the median price in the San Jose metro area higher($755,000)than the San Francisco area's $636,000?
The answer is in how statistics are figured. While the San Francisco area includes the very high priced counties of Marin and San Mateo, it also has the counterbalancing lower prices in Alameda and Contra Costa counties. On the other hand, San Jose includes all of Santa Clara and San Benito counties. Mystery solved!
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