California Bay Area home sales hit 5-year high

California home sales downshifted harshly in December 2018, reflecting a seven-year high for mortgage rates the prior month, more stock market volatility and a continued hold-out by some would-be buyers who are hoping it will pay to wait. The 2 percent annual gain in the median sale price in December was the smallest in nearly seven years.

Southern California house prices hit 10 1/2-year high, Realtors report. The state's priciest homes still can be found in six bay area counties,

The median price of a single-family home in San Diego County was up 5.8 percent last month, compared to September 2017, while sales of existing. especially in high-cost areas such as the San.

California home prices hit their highest level since the previous housing boom in May, as demand continued to outstrip supply, both statewide and here in the Bay Area. The latest monthly home sales and price report from the California Association of Realtors puts the median price for a single-family home at $550,200 in May, up 5.8 percent from.

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The Bay Area real estate market went into 2018 with a bang and out with a. In the first half of the year, the median price rose almost 17 percent to an all-time high of. An earlier report from the California Association of Realtors – which. appreciate 5 to 6 percent this year in the San Francisco metro area.

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Bay Area home prices fell last month on a year-over-year basis for the first time in seven years, according to a report Monday from research firm CoreLogic. The median price paid for a new or.

Home sales hit 15-year high / Area’s September total nearly 12,000 Nearly 12,000 Bay area homes sold last month, a 15-year high for sales in September, as buyers rushed into the market to beat out.

According to the California Association of Realtors, California’s home sales lost momentum in October 2017 to post the first back-to-back annual sales decline in more than a year as a stubbornly low supply of available homes for sale continued to plague the market, especially at the more affordable price ranges.

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