The number of active listings in the Golden State rose by more than 15 percent year over year in August, though prices continued to increase in every major region of the state, with the nine-county Bay Area posting the largest gain.
The median sales price rose year over year in August in every Northern California region in which Pacific Union operates, ranging from less than 1 percent in Marin County to more than 15 percent in Silicon Valley. Pacific Union's August Real Estate Update can help you make a more informed homebuying or selling decision.
Homeowners in five Bay Area cities are doing the best in America when it comes to accruing equity, helping to propel a Silicon Valley community to near the top of a list of the country's leading real estate markets.
Many homeowners in expensive U.S. markets like the Bay Area are delaying a sale in an attempt to maximize their profits, thereby reducing the number of properties on the market and perpetuating price growth.
Homes in one San Mateo County city flew off the market in less than two weeks in the second quarter. Find out where Bay Area homebuyers need to act the fastest to successfully seal a deal.
Home prices increased in nine of 10 U.S. metropolitan areas in the most recently completed quarter, with the Bay Area laying claim to the nation's only two major $1 million-plus housing markets.
The nine-county Bay Area continued to record substantial year-over-year price gains in July, further shutting out more buyers and causing sales activity to spike in some of the region's relatively more affordable markets.
Santa Clara, San Mateo, Sonoma, and Marin counties rank among the nation's 20 luxury housing markets with the highest annual price growth.
Single-family home prices in San Francisco and Silicon Valley were up by nearly 20 percent year over year in July. Dive into the latest Bay Area real estate market data in Pacific Union's July 2018 monthly market update.
The number of Golden State residents who could afford to purchase a home declined in the most recently completed quarter, with more than 80 percent of counties less affordable than they were one year ago.
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