San Francisco Bay Area

Latest Posts

Northern Calif. Sees Home Prices Drop 10.5 Percent, But Sales Surge

Oct 22, 2008By

While sales in Northern California soared last month, it was sales in some of the area’s more distressed markets hard-hit with foreclosures that drove the jump in transactions. Bay Area home sales posted the largest gain in over six years during September, while the median sale price did the opposite, diving to $400,000 — 40 percent below its summer 2007 peak — as more sales shifted to lower-cost inland markets laden with foreclosures.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please