Zillow – Supply of homes for sale rises in S.F., Bay Area
Bay Area homebuyers got a bit of a break last month, as prices continued to edge down in much of the region while inventory rose slightly, new data shows.
The median sold price in the Bay Area was $1,265,000 in August, down 2.7% from $1,300,750 the previous month, according to a report released Thursday by the California Association of Realtors. That followed a 3.6% decline from June to July. However, prices were still up 18.4% over the previous year.