Sometimes it is worthwhile to look away from laws, trends, government policies etc. and think about what you enjoy. Something like walking to…
JLee Realty Homes For Sale
Who Is Buying Studio Or One Bedroom Condos?
The “Builders Remedy” is being used to demolish one-story buildings along El Camino Real at Curtner Ave in Palo Alto, and then build a…
How Can I Sell My Home For The Most Money?
A common question is “How can I sell my home for the most?” Sharon Lee, the head of the listing department at JLee Realty, provided…
Protected Trees
It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that…
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the…
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its…
New Townhouses Coming – Summerhill Homes
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a…
Webinar/Seminar: Inheritance, Probate, & Prop 19
On Saturday, Sept 17, 2022, from 10-11am, JLee Realty will be hosting a combined webinar/seminar on many of the issues involved in setting up your…
- Atherton
- Belmont
- Brisbane
- Burlingame
- Campbell
- Cupertino
- Daly City
- East Palo Alto
- Foster City
- Fremont
- Hillsborough
- Los Altos
- Los Altos Hills
- Los Gatos
- Menlo Park
- Millbrae
- Milpitas
- Monte Sereno
- Mountain View
- Newark
- Pacifica
- Palo Alto
- Portola Valley
- Redwood City
- Redwood Shores
- San Bruno
- San Carlos
- San Jose
- San Mateo
- Santa Clara
- Saratoga
- South San Francisco
- Sunnyvale
- Union City
- Woodside
Do School Ratings Affect House Price Appreciation?
School ratings do affect house prices, but they do not appear to affect the appreciation rate.
If you carefully compare adjacent cities, one with highly rated schools and one without highly rated schools, you will almost always see that the house prices in the city with the highly rated schools will be higher. However, if you look at the prices over time, the appreciation rate tracks between the two schools.
An example of this is Cupertino vs. San Jose. Cupertino is well known for its highly rated schools. San Jose schools vary by neighborhood, but are not as uniformly as highly rated as Cupertino schools. View more examples and information about Silicon Valley schools.
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