Bay Area Home Prices Soar

for saleSan Francisco Bay Area home prices have been in the news a lot this year. As of this week, the median home price in the Bay Area reached $510,000–the highest we have seen in five years.

For homeowners, this is great news. Many who own homes with underwater mortgages are now able to sell at a profit after spending years fearing short sales and not knowing when the market would be in their favor again.

The amount of inventory available varies greatly by county, but homes are selling quickly and above asking price across the Bay Area.

In Contra Costa County specifically, the median home price rose 38.8% since April 2012.

Now is the time to sell and Village Associates Real Estate is here to help! Contact us today to get started.

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