Bay Area home sales up 45% compared to last year. San Mateo still down

The new Dataquick news report states that the home sales volume is up 45% in the nine county Bay Area as compared to last year. However, San Mateo is still down 4.9%. The median price is now $400,000 in the Bay Area! San Mateo’s median is still stubbornly at $603k, but since volume is still going down the prices will fall further.

Sorry for the lack of updates. I will be going on vacation soon and I may bundle the September & October updates together so you can see what sold in September.

October 21, 2008 | Filed Under All Cities, News | Leave a Comment

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