Many of today's buyers are willing to pay a premium to live in a walkable community. Here are the median prices of some sought-after neighborhoods in Oakland and Berkeley. Keep in mind, with charts like this, one outlier property that sold very high or very low can skew the median prices. To truly understand what a home's value is, one must analyze property condition, disclosures, inventory levels and property interest. Additionally, I was aiming for neighborhoods where the median price was about 1 million bucks and this is why these neighborhoods were chosen. What are your thoughts about prices these days?
