No surprises here and the Monterey Peninsula and Bay Area are no exception.....
According to the National Association of REALTORS®’ 2019 Moving With Kids survey, based on responses from more than 7,000 consumers, the two characteristics that buyers say they weigh the most when deciding on a neighborhood are the quality of the school districts and the proximity to schools In addition, parents are willing to make sacrifices for the sake of their children and will spend a little more in order to land a home in a better school zone or district.”
26% of buyers surveyed say that child care expenses appear to delay home purchases for many parents:
Typical compromises are:
Condition and size of the property
Paying a higher price
Getting a smaller lot
Accepting architectural style that isn't necessarily your first choice
Distance from job,
Distance from school
Quality of neighborhood
Buyers with children tend to buy larger homes. On average, buyers with children purchased a 2,110-square-foot home with four bedrooms and two full bathrooms.
Families with young children tended to need to sell their homes quickly. 23% of consumers with children under the age of 18 sold their home “very urgently,” and 46% say they had to sell “somewhat urgently.”
“2019 Moving With Kids,” National Association of REALTORS® (Aug. 12, 2019)