Bay Area Home Sales Increase, Median Prices Rise, Inventory Shrinks

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June Home Sales Report for the Bay Area

We are going through a challenging time.  This annual celebration of our countries founding is not about whether you agree or disagree about the direction our politicians are taking but our freedom and responsibility to be involved in the process.  America is still one of the few places you can and should be involved by sharing your views and making them heard.  You can take up any cause and you have the freedom to share it with all that will listen. 
And be sure that the children in your life understand that while picnics, fireworks and hot dogs are all great fun, there are reasons why we celebrate. 

Now on to the highlights and health of the home sales market in the San Francisco Bay Area.
Our exclusive Bay Area Market Metrics report is available at www.BayAreaMarketMetrics.com.  Take a look at the reports for San Mateo, Santa Clara, San Francisco, Alameda and Contra Costa counties.  There are eight reports for each county...all the indicators have shown positive improvement since the beginning of the year.

The market continued to show improvement in the entire bay area in June.  In all counties, the median price continues to rise, the number of homes under contract and sold continues to increase and the inventory continues to shrink.  

If you or someone you know is still waiting for the market to bottom, well, from my view, we are at the bottom.  How much longer do you want to wait, not taking advantage of low prices, low rates and tax credits as the number of homes to choose from becomes fewer and fewer and multiple offers are become more commonplace?

At www.bayareamarektmetrics.com available reports include Median Price, Pending Sales, Closed Sales, New Listings, Inventory, Days on Market and more.  Reports can be customized by property type, price range, room count, square footage, zip code, city or neighborhood.  Just send me your request to my email, russ@bayareateam.com and you will receive your report within 24 hours.  No registration on our website and no obligation for your customized report.

And don’t forget, you can search for all bay area homes for sale at www.AllBayareaHomesForSale.com. Or if you are just interested in short sales and bank owned, search www.AllBayAreaBankOwned.com .

Learn more with your own complimentary copy of my book, Let’s Make a Deal, the Insiders Guide to Buying and Selling Real Estate. Just eamil book@bayareateam.com and you'll be sent the link to an online copy.

Russ Boyd and his team professionally assist buyers, sellers and homeowners in the Peninsula Communities of the San Francisco Bay Area. They have served clients in San Mateo, San Francisco, Santa Clara, Alameda and Contra Costa counties. Licensed as a Real Estate Broker by the California Department of Real Estate, 01264240.

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