Wednesday, September 14, 2005

 

Home sale prices still scorching, but volume tails off -- Kelly Zito, San Francisco Chronicle

Home sale prices still scorching, but volume tails off: "(09-14) 13:04 PDT San Francisco (SF Chronicle) -- Just when it seemed Bay Area home prices couldn’t jump any higher, they bounded to another new peak in August -- although the volume of sales hovered below record territory.

The median price for a single-family home in the nine counties reached $651,000 last month and nearly 19 percent above last August’s median, according to real estate research firm DataQuick. In July, the median was $643,000."