Below, we delve into the allure of the premier real estate scene along the Bay Area’s coast.
The Coastal Bay Area Lifestyle
Surfers and boaters frequent the Bay Area’s coast, with pristine beaches and gorgeous waterfront trails. San Francisco, the center of it all, houses world-class museums and a thriving performance arts scene. Also, it offers abundant job opportunities, particularly in the tech sector, as a core part of the Silicon Valley landscape.
Numerous charming small towns and cities offer additional attractive residential options in the area. For instance, Half Moon Bay (home to the renowned big-wave surf spot, Mavericks) typifies the area’s appeal, featuring a crescent-shaped beach and a laid-back atmosphere complemented by scenic hiking trails.
The Coastal Bay Area Real Estate Market
Homes in the coastal region of the Bay Area are listed for some of the highest prices in the nation. The housing market in San Francisco is especially competitive. According to Redfin, the median sale price for a home in the city was $1.415 million in March, reflecting a 4.8% increase from March 2023.
Beyond San Francisco, prices remain notably elevated. Redfin reports a median sale price of $1.775 million for homes in Half Moon Bay in March, consistent with other desirable coastal communities in the area. Despite steep prices, many buyers are willing to invest in the region for its unparalleled lifestyle benefits.
