Midpines, CA

Midpines is a small town located in the foothills of the Santa Cruz Mountains, just east of San Jose. The population is just over 10,000 people and it has a median household income of over $130,000. Midpines is known for its beautiful mountain views and its close proximity to major metropolitan areas such as San Francisco and Silicon Valley.

Real estate in Midpines is very expensive compared to other areas of California. The average home price in Midpines was $1.2 million in 2017, which was more than twice the statewide average of $600,000. This high cost of real estate has made it difficult for many people to buy or invest in property in Midpines. However, there are a number of reasons why real estate prices are so high in Midpines. First, the area is very desirable due to its close proximity to major metropolitan areas. Second, there are a limited number of homes available for sale due to strict zoning regulations that were put into place after the devastating 1989 Loma Prieta earthquake struck nearby San Francisco. Finally, many wealthy individuals who live in Midpines own multiple properties within the town limits which helps drive up prices even further.