Bay Area Home Prices Continue to Rise

According to The Mercury News*
September 2020 home sales grew 33% in September 2019.

Median sale prices for a Bay Area, single-family home in September 2020:

Contra Costa County—up 18.6% to $750,000
Santa Clara County—up 15 % to $1.33 million
San Mateo County—up 12.1% to $1.63 million in San Mateo County
Alameda County—up 12.1% to $975,000 in Alameda County

According to the San Francisco Chronicle*
Median sale prices for a Bay Area:

$1.1 million in October 2020
Up 3.8% from September 2020
Up 17% from October 2019

Median sale prices for a Bay Area condo in October:

$740,000
Down 1.3% from September 2020
Up 3.5% year over year

Overall Bay Area home sales:

Up 1.5% from September 2020
Up 18.9% year over year

Median price per square foot paid for an existing single-family home in the Bay Area:

$613 in October 2020
$584 in September 2020
$541 last October 2019

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