The Bay Area’s median home price slid 4 percent in October amid what analysts described as lackluster sales activity. The median price for all houses and condos dropped to $350,000 from $365,000 in September, according to real estate information service DataQuick of San Diego. The price was the lowest in eight months and down nearly 9 percent from a year ago.
Bay Area home sales increased in September from a year earlier, but the results remained significantly below historic levels. The nine-county region reported the sale of 6,749 homes and condominiums last month, according to San Diego-based DataQuick.
Bay Area home sales rose in August, but some analysts worried that the region’s housing market was still “plagued by uncertainty.”
June home sales and prices exceeded May’s results in the Bay Area, but still remained below the level set last year. Buyers last month purchased 7,998 new and resale houses and condos last month in the nine-county Bay Area, according to San Diego-based DataQuick. That was up nearly 15 percent [...]
The Bay Area recorded the lowest number of homes sales for the month of May in three years - and the third-lowest in at least 23 years. Included is a link to a story on The Press Democrat’s monthly housing report for May.
The median price of houses and condos in the nine-county region hit $360,000 in March. That remains 24 percent better than its low point of $290,000 in February 2009.
February home sales were sluggish for both the Bay Area and the state, according to the California Association of Realtors. Is this, as one local agent said in today's Press Democrat, the "new normal?"
Sales were down 8 percent in December from a year earlier. The median sales price declined to $375,000, down 1.3 percent from both a month and a year earlier.
Bay Area home sales fell in October to their second-lowest level in two decades, a result blamed largely on concerns about jobs and the economy. The nine-county region last month recorded the sale of 6,122 new and existing homes and condominiums, according to MDA DataQuick of San Diego. The total [...]
The bad news is that more U.S. homeowners went underwater in the third quarter. The slightly better news is that the San Francisco market, and presumably Sonoma County, bucked that trend. Zillow.com reports last quarter 23.2 percent of all home mortgage holders owed their lenders more than their homes were [...]