, and other mountain towns has skyrocketed throughout the pandemic, and as many search for living space in vacation and secondary home markets, luxury buyers are getting settled indefinitely in mountain towns like Park City, Utah.
While areas like Aspen, Colorado, have seen unprecedented demand at the high end of the luxury market, Park City, is a comparable market, with some price points still relatively affordable for eager buyers.. Home values in Park City have gone up 4.2% over the last 12 months, and Zillow predicts they will rise 4.9% within the next year.Jane Tyska/Digital First Media/East Bay Times/Getty Images
While San Francisco's market amid the pandemic has been comparable to that of New York City, as many residents have made an exodus over the last six months to seek additional living space,draws particular attention to San Francisco's East Bay, where the market has been performing despite pandemic setbacks.
Alameda County has seen growth for several years now, but substantial growth during the pandemic as wealthy buyers have looked for larger properties near the city. Over the past year, Alameda County home values have gone up 3.2%, Berkeley 3.9%, and Oakland 4.5%. Over the next year, Zillow predicts these neighborhoods' home values will rise by 4.5%, 4.0%, and 4.6%, respectively. , which also predicts the county's home prices will rise 4.5% over the next 12 months.
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