Bay Area home sales are continuing to rise, with the median sale price the highest it has been in nearly four years, according to a real estate report released Wednesday.
In the nine-county Bay Area, 8,461 homes were sold last month — a 22.9 percent increase from the same time last year, according to a report by the real estate information service DataQuick. The average figure for July, based on data recorded since 1988, is 9,371 home sales.
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Bay Area home sales have dropped since December, but sales are still higher in early 2011 than they were during the same period in 2010, a real estate information service said.It's normal for sales to be slow this time of year, meaning January and February are not necessarily predictive of upcoming trends, according to a report by real estate monitoring service DataQuick.
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