A decelerating market?

According to the most recent report from CoreLogic, Bay Area home prices rose at their slowest year-over-year pace in almost two years last month. The median price paid for a home in the nine counties of the Bay Area was $815,000 in November, which is down 3.8 percent from October and up 3.8 percent from November 2017. This median price represents a 6.9 percent decrease ($875,000) set in June of 2018.

Sales were down 14 percent from October and 15.2 percent from November, 2017.

Many analysts predcited a fairly slow market until spring.

Leave a Comment