Bay Area home prices at highest levels since summer 2022
Homebuyers could be forgiven for thinking it was 2022.
As of March, the median sales price of a home in the nine-county Bay Area was $1.39 million, according to new data from the California Association of Realtors. That brings prices back up to levels last seen two years ago, and marks a 15.5% increase from this time last year — the biggest spike among California’s regions.
It’s a sign that prices have recovered from the dip they took during the fall of 2022, following the Federal...
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