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Latest DQNews Bay Area House Sales Up Sharply, Median Price Rises to $400,000

By thomas.wong1986   Follow   Fri, 15 Jun 2012, 8:52pm   642 views   3 comments
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A good chunk of the increase came from ulta low prices from Contra Costa
which is mid 200K. up 15%...

Bay Area Home Sales Up Sharply, Median Price Rises to $400,000

http://www.dqnews.com/Articles/2012/News/California/Bay-Area/RRBay120614.aspx

The median price paid for all new and resale houses and condos sold in the Bay Area last month rose to $400,000. That was up 2.6 percent from $390,000 in April, and up 7.5 percent from $372,000 in May 2011. Last month’s year-over-year increase was the second in a row. In April the median rose 8.3 percent from a year earlier. Before that, the median hadn’t risen year-over-year since September 2010.

Alameda          …$ 355,000... 2%
Contra Costa     …$ 295,000... 15.7%
Marin            …$ 627,000... -2%
Napa             …$ 329,000... -3.2%
Santa Clara      …$ 529,000... 6.2%
San Francisco    …$ 701,000... 6.2%
San Mateo        …$ 560,000... -2.3%
Solano           …$ 190,000... 0.5%
Sonoma           …$ 300,250... -4.2%
Bay Area         …$ 400,000... 7.5%

Most Liked Comments

1. E-man Follow Befriend (31) 34 threads 2,608 comments San Jose, CA Premium

   1   9:02pm Fri 15 Jun 2012   Share   Quote   Permalink   Like   Dislike   Protected   Two months up year over year doesn't make a trend. Why buy when you can rent for 1/2 the cost? Owning is over-rated. Owning is nothing more than renting with the tax benefits. ;) Why be a debtor. Isn't debt is slavery? :o)

2. E-man Follow Befriend (31) 34 threads 2,608 comments San Jose, CA Premium

   2   10:07pm Fri 15 Jun 2012   Share   Quote   Permalink   Like   Dislike   Protected   thomas.wong1986 says No, not when the price is fair and balanced. There was a life before the bubble and all the nonsense hype. True, but there was also a life during the bubble and the nonsense hype; and there is a life after it too. Live a little, give a little, share a little, but love a lot. :o)

3. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

   3   9:06pm Fri 15 Jun 2012   Share   Quote   Permalink   Like   Dislike (1)   E-man says Why be a debtor. Isn't debt is slavery? :o) No, not when the price is fair and balanced. There was a life before the bubble and all the nonsense hype.