Bay Area home sales remained at their lowest level in decades last month, the result of mortgage market turbulence and hesitant buyers. Prices continued to hold up best in core markets, while declines steepened in some inland areas, a real estate information service reported. Source: DataQuick
Median Home Price Comparison
| County | Med. Price Oct 06 | Med. Price Oct 07 | % Chg |
|---|---|---|---|
| Alameda | $587,500 | $570,000 | -3.0% |
| Contra Costa | $540,000 | $530,500 | -1.8% |
12 Month: Home Sales for Oct 2006 vs. Oct 2007 (By County)
| County | Sold Oct 06 | Sold Oct 07 | % Chg |
|---|---|---|---|
| Alameda | 1,655 | 1,098 | -33.7% |
| Contra Costa | 1,754 | 1,011 | -42.4% |
12 Month: Home Sales for Oct 2006 vs. Oct 2007 (Entire Bay Area)
| # Sold Oct 06 | # Sold Oct 07 | % Change |
|---|---|---|
| 8,532 | 5,486 | -35.7% |
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