Bay Area home prices near record $1 million amid COVID crisis

Bay Area home prices near record $1 million amid COVID crisis

3 years ago
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https://www.mercurynews.com/2021/01/18/bay-area-home-prices-near-record-1-million-amid-covid-crisis/

Bay Area home prices climbed to near-record levels in November, touching nearly $1 million as suburban properties lured buyers with ample space and worry-free, bedroom-to-home-office commutes.

Buyers drove up median prices 17 percent to a staggering $995,000, snapping up single-family homes in the suburbs at a fast pace even during the start of the holiday season and deepening COVID pandemic. The eight-county mark topped the $982,000 October median. Alameda County has not reported complete home sales data for October or November.