The Bay Area's housing recovery showed increasing signs of strength in July, as eager buyers pushed prices to four-year highs.
The region logged its 13th consecutive month of yearly sales increases and the median price for all types of homes in the nine-county Bay Area was at its highest -- $421,000 -- since 2008, according to a report Wednesday from DataQuick. The median sale price has been rising for five months.
........................................................
Prices are still 37 percent off their 2007 peak for all types of homes in the Bay Area. Contra Costa County is down 51 percent from its peak price for single-family homes before the housing crash; Santa Clara County is 19 percent below the peak; San Mateo County almost 23 percent below and Alameda County 35 percent under its peak price.
Read more here.
........................................................
Prices are still 37 percent off their 2007 peak for all types of homes in the Bay Area. Contra Costa County is down 51 percent from its peak price for single-family homes before the housing crash; Santa Clara County is 19 percent below the peak; San Mateo County almost 23 percent below and Alameda County 35 percent under its peak price.
Read more here.
