Statewide and LA prices fall while San Francisco's continue to climb

  • Statewide sales fell for the first time in eight months
  • San Francisco and Santa Clara counties are the best performers statewide in terms of year-over-year price appreciation.
  • Los Angeles County trails the Bay Area when it comes to sales activity and price appreciation.

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The California Association of Realtors November home sales report found the state saw declining prices on both a monthly and annual basis, likely due in part to seasonality. Throughout the state, single-family home sales reached only 369,680, which is the first time in eight months that sales did not surpass the 400,000 mark.