A couple of days ago I received a phone call from the San Francisco Chronicle. The Chronicle is preparing an article that will come out on September 5th regarding some of the high end neighborhoods in the Bay Area, and how those neighborhoods have been affected by the current real estate market. The Chronicle also wanted to know why people move to Tiburon and Belvedere?
I shared that I believed that there are certain mico-communities in the Bay Area that have actually appeciated during the downturn in today’s real estate market. And, Tiburon and Belvedere are just such markets.
Homes here in Tiburon and Belvedere continue to appreciate because of macro economic factors unique to this area such as high desirability, natural geographical beauty, climate, lifestyle, lack of available land for new building, proximity to San Francisco and Silicon Valley (that are experiencing strong job markets), a stellar school system supported by the tax base, and being one of the most gorgeous waterfront communities in the world!
| Belvedere | Year | Average Sales Price | Tiburon | Year | Average Sales Price006 |
| 2004 | $1.669,561 | 2004 | $2,702,455 | ||
| 2005 | $1.990,514 | 2005 | $2,806,076 | ||
| 2006 | $1,976,550 | 2006 | $3,082,290 | ||
| 2007 | $2,207,819 | 2007 | $3,880,903 |
