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