The blue areas on the map above = 3 bedroom, 2 bathroom homes priced above $800,000.
The dark brown area on the map above = 3 bedroom, 2 bathroom homes priced between $500,000 and $800,000.
Thelight brown area on the map above = 3 bedroom, 2 bathroom homes priced at $500,000 and below.
This chart applies to home prices in today's market. There will always be exceptions. The other day, I looked up all of the active, 3 bedroom/2 bathroom homes in 94602 zip code. (homes that range between $500K and $800K) There was one home listed in the high $400,000's. This home is a bank owned property and needs some work. There were 3 homes priced over $800,000, but there have been on the market for over 2 months. (a sign that they are over priced.)
