Home Buying in 95070>Question Details

Richard K. Ho…, Real Estate Pro in Saratoga, CA

Saratoga is rated the best school district by WSJ in whole USA what do you think will affect the market and value in our area?

Asked by Richard K. Ho, M.D., MBA, Saratoga, CA Mon Sep 10, 2012

http://blogs.wsj.com/developments/2012/08/28/biggest-back-to…

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Juliana Lee,MBA’s answer
BEST ANSWER
Interesting article but by looking only at the ratio of the number of 5-9 year olds to 0-4 year olds different conclusions could be drawn.

If families having 5-9 year olds are more established and have more money than families having 0-4 year olds, then the cost of housing is probably higher in Saratoga than Sunnyvale.

Let's see the median price of a home in Sunnyvale is currently about $900,000. The median price of a home in Saratoga is about $1,700,000. Yup ... I can predict the prices of homes based on the ratio of 6-9 year olds to 0-4 year olds. :)

http://www.julianalee.com/saratoga/saratoga-statistics.htm
http://www.julianalee.com/sunnyvale/sunnyvale-statistics.htm

Also 6-9 year olds need more room than 0-4 year olds. The houses in Saratoga are probably bigger than the houses in Sunnyvale. The avg size of a home in Saratoga is about 2,700 sf. The avg size of a home in Sunnyvale is about 1,600 sf. Yup ... I can predict the avg home size by the ratio of 6-9 year olds to 0-4 year olds. :)

Thank you for the article,

Juliana Lee - a friend of Mark Twain
650-857-1000
Keller Williams Realty
Web Reference: http://www.julianalee.com
0 votes Thank Flag Link Tue Sep 25, 2012
Thank you for the article any data helps.
Allyson
0 votes Thank Flag Link Mon Sep 10, 2012
Nice article! Thank you for pointing it out.
Web Reference: http://talisrealestate.com
0 votes Thank Flag Link Mon Sep 10, 2012
If you read the article it's talking about "most attractive to families with school age kids". The #1 position is due to the ratio of school age kids to pre-school age kids. It certainly doesn't do Saratoga any harm but it's misleading if taken out of context.

Interesting read. Thanks for posting.

-Gail

Gail Thomson | DRE 01444563 | gail@finehomemoves.com
Cell: (408) 205 3758 | Office: (408) 357 5710
Blog: http://www.finehomemoves.com
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Intero Real Estate Services
518 N Santa Cruz Ave, Los Gatos, CA 95030
0 votes Thank Flag Link Mon Sep 10, 2012
Good point
Flag Mon Sep 24, 2012
Gail- of course, it really points out how important for us professionals to point out to our clients about any school district information beyond just the mere test score, API etc which are so variable and academic........

Richard K. Ho, M.D., MBA, Realtor. ePro
License#01407461

Cornerstone Realtors,

6455 Almaden Expwy., Suite 98

San Jose Ca 95120

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Flag Tue Sep 11, 2012
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