AP Photo/J Pat CarterIn this March 17

Bay Area April home sales, price up from March

A real estate tracking firm says the number of homes sold in the nine-county San Francisco Bay region last month was flat compared to a year earlier period but the median price rose as potential buyers faced limited supply.

DataQuick reports Wednesday that 7,555 new and resale houses and condos were sold in April, up nearly 20 percent over March but down just under 1 percent from April 2013.

San Diego-based DataQuick says the median price rose last month to $610,000, the highest level since it was $629,500 in November 2007. Last month's median was a 5.4 percent increase over March and a 19.6 percent increase over April last year.

DataQuick analyst John Karevoll says he expects to soon see more homes being put up for sale in the region.Bay Area News

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

City Attorney targets permit expediter, developers in new round of subpoenas

San Francisco’s corruption scandal is the dumpster fire that keeps on giving… Continue reading

Court temporarily blocks Trump’s ‘Remain in Mexico’ policy

A federal appeals court decided 2-1 on Friday to block a Trump… Continue reading

SF to introduce legislation authorizing safe injection sites

Mayor Breed and Supervisor Haney join forces to create regulations, permit process for nonprofits

Newsom says state to expand testing capacity for coronavirus

Health officials mobilizing resources after case of unknown origin reported in Solano County

Study: Banning cars on Market had minimal effect on side streets

A traffic nightmare. Congestions madness. Carmageddon. Those were the fears voiced by… Continue reading

Most Read