Bay Area remains the priciest market in U.S. to buy a house

Bay Area remains the priciest market in U.S. to buy a house

3 years ago
Anonymous $np3LcwuhSi

https://www.siliconvalley.com/2021/11/11/bay-area-remains-the-priciest-market-in-u-s-to-buy-a-house/

The median price of single-family existing homes rose in nearly all — 99% — of the 183 markets tracked by the National Association of Realtors in the third quarter, with double-digit price increases seen in 78% of the markets.

But the stratospheric surges in prices have slowed a bit from earlier this year, according to NAR’s quarterly home price report, released Wednesday. The median home price was up 16% to $363,700 in the third quarter from a year ago, a slower clip than the 22.9% jump in the second quarter.

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