Market Overview

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Total Districts Analyzed

20,640

Average Median House Value

$206.9K

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Geographic Analysis

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Correlations and Data

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Final Project Conclusions

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Executive Summary & Key Insights

  1. Median income is the strongest predictor of house value (r = 0.69)
  2. Ocean proximity matters; Island, Near Bay and <1H OCEAN carry premium
  3. Inland districts show significantly lower values
  4. 5 percent of observations capped at 500,001 indicating right censoring
  5. Housing age alone has weak correlation with price

Final Conclusion: The California housing market is defined by geographic scarcity. Wealth is concentrated along the coastline, creating a bifurcated market where inland regions provide the only remaining pocket of affordability for lower-income categories.