https://www.siliconvalley.com/2022/02/09/bay-area-home-prices-soared-at-record-clip-in-2021/

The Bay Area real estate market finished 2021 with sales and home values climbing at their fastest rates since the pre-pandemic frenzy of 2018, back when the typical home price was still under $1 million and a few suburban bargains remained.

Median home prices in the nine-county region rose 17% in December to $1.1 million, continuing the year’s white-hot market driven by few houses for sale and a flood of new buyers willing to join bidding wars.