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You are here: Home / Real Estate / A decelerating market?

A decelerating market?

December 31, 2018 By Geoffrey Disch Leave a Comment

According to the most recent report from CoreLogic, Bay Area home prices rose at their slowest year-over-year pace in almost two years last month. The median price paid for a home in the nine counties of the Bay Area was $815,000 in November, which is down 3.8 percent from October and up 3.8 percent from November 2017. This median price represents a 6.9 percent decrease ($875,000) set in June of 2018.

Sales were down 14 percent from October and 15.2 percent from November, 2017.

Many analysts predcited a fairly slow market until spring.

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Filed Under: Real Estate Tagged With: decelerating market

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