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SanFrancisco版 - Bay Area home prices surge — fastest in decades
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话题: dataquick话题: bay话题: area话题: homes话题: sold
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http://blog.sfgate.com/stew/2013/01/16/bay-area-home-prices-sur
Jan. 16 (Bloomberg) — San Francisco Bay Area home prices surged 32 percent
last month, the biggest increase from a year earlier in at least 24 years,
as fewer distressed and more higher-end properties sold, DataQuick said.
The median price paid for a home in the nine-county Bay area climbed to $442
,750 last month from $335,500 in December 2011, according to the San Diego-
based data provider. The median was the highest since August 2008, when it
was $447,000, and the year-over-year gain was the largest in DataQuick
records going back to 1988.
“At least half that increase is due to a change in market mix, with sales
shifting away from low-cost distress homes toward more mid-market and move-
up homes,” DataQuick said today in a statement.
The number of homes sold for less than $500,000 decreased 13 percent from
December 2011, while those that sold for more than $500,000 jumped 61
percent, DataQuick reported.
A total of 7,832 new and resale houses and condominiums sold in the region
last month, up 4.5 percent from a year earlier, DataQuick said. A tight
supply of homes on the market and “a fussy home-loan environment”
restrained the number of properties sold, DataQuick said.
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话题: dataquick话题: bay话题: area话题: homes话题: sold